Applied UV Inc. (NASDAQ: AUVI) stock fell -12.50% on Monday to $0.42 against a previous-day closing price of $0.48. With 0.38 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.5 million shares. During the session, the Furnishings Fixtures & Appliances company that operates in wider Consumer Cyclical sector, reached to the highest price of $0.4999 whereas the lowest price it dropped to was $0.3999. The 52-week range on AUVI shows that it touched its highest point at $9.70 and its lowest point at $0.43 during that stretch. Beta for the stock currently stands at -1.18.
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Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of AUVI was down-trending over the past week, with a drop of -9.68%, but this was down by -42.65% over a month. Three-month performance dropped to -60.75% while six-month performance fell -89.53%. The stock lost -94.94% in the past year, while it has lost -90.72% so far this year.
Float and Shares Shorts:
At present, 8.91 million AUVI shares are outstanding with a float of 6.27 million shares on hand for trading. On Aug 30, 2023, short shares totaled 78370.0, which was 0.88% higher than short shares on Jul 30, 2023. In addition to Mr. Max Munn as the firm’s Founder, CEO, Pres & Director, Mr. Michael Gerard Riccio CPA serves as its Sr. VP & CFO.
Institutional Ownership:
Through their ownership of 1.16% of AUVI’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on Jun 29, 2023, AUVI reported revenue of $5.91M and operating income of -$2.81M. The EBITDA in the recently reported quarter was -$1.93M and diluted EPS was -$1.28.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for AUVI since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential. With AUVI analysts setting a high price target of $12.50 and a low target of $12.50, the average target price over the next 12 months is $12.50. Based on these targets, AUVI could surge 2876.19% to reach the target high and rise by 2876.19% to reach the target low. Reaching the average price target will result in a growth of 2876.19% from current levels.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy.
Summary of Insider Activity:
Insiders traded AUVI stock several times over the past three months with 0 Buys and 0 Sells. In these transactions, 0 shares were bought while 0 shares were sold. The number of buy transactions has increased to 20 while that of sell transactions has risen to 6 over the past year. The total number of shares bought during that period was 45,100 while 12,500 shares were sold.
