Applovin Corp (NASDAQ:APP) shares, rose in value on Wednesday, April 16, with the stock price down by -6.38% to the previous day’s close as strong demand from buyers drove the stock to $229.81.
Actively observing the price movement in the last trading, the stock closed the session at $245.47, falling within a range of $224.4 and $241.95. The value of beta (5-year monthly) was 2.391 whereas the PE ratio was 50.61 over 12-month period. Referring to stock’s 52-week performance, its high was $525.15, and the low was $60.67. On the whole, APP has fluctuated by -17.58% over the past month.
With the market capitalization of Applovin Corp currently standing at about $78.13 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Feb-11.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 5.67B, with a low estimate of 1.27B and a high estimate of 1.43B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 1.38B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that APP’s technical picture suggests that short-term indicators denote the stock is a 50% Sell on average. However, medium-term indicators have put the stock in the category of Hold while long-term indicators on average have been pointing out that it is a Hold.
The stock’s technical analysis shows that the PEG ratio is about 1.28, with the price of APP currently trading nearly -15.75% and -28.41% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 40.30, while the 7-day volatility ratio is showing 9.70% which for the 30-day chart, stands at 12.08%. Furthermore, Applovin Corp (APP)’s beta value is 2.40, and its average true range (ATR) is 32.67.
A comparison of Applovin Corp (APP) with its peers suggests the former has fared considerably weaker in the market. APP showed an intraday change of -6.38% in last session, and over the past year, it grew by 221.73%%.
Data on historical trading for Applovin Corp (NASDAQ:APP) indicates that the trading volumes over the past 10 days have averaged 10.46 and over the past 3 months, they’ve averaged 9.02 million. According to company’s latest data on outstanding shares, there are 309.35 million shares outstanding.
Nearly 37.47% of Applovin Corp’s shares belong to company insiders and institutional investors own 60.91% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 10.99 million shares as on 2025-03-31, resulting in a short ratio of 1.0. According to the data, the short interest in Applovin Corp (APP) stood at 368.00 of shares outstanding as of 2025-03-31; the number of short shares registered in 2025-02-28 reached 13.66 million. The stock has fallen by -29.03% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the APP stock heading into the next quarter.
