AppLovin logged a -17.3% change during today's morning session, and is now trading at a price of $312.0 per share. The S&P 500 index moved 1.0%. APP's trading volume is 12,676,227 compared to the stock's average volume of 5,628,106.
AppLovin trades -38.18% away from its average analyst target price of $504.69 per share. The 22 analysts following the stock have set target prices ranging from $105.0 to $650.0, and on average have given AppLovin a rating of buy.
Anyone interested in buying APP should be aware of the facts below:
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AppLovin's current price is 3469.8% above its Graham number of $8.74, which implies that at its current valuation it does not offer a margin of safety
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AppLovin has moved 550.0% over the last year, and the S&P 500 logged a change of 17.5%
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Based on its trailing earnings per share of 4.52, AppLovin has a trailing 12 month Price to Earnings (P/E) ratio of 69.0 while the S&P 500 average is None
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APP has a forward P/E ratio of 60.5 based on its forward 12 month price to earnings (EPS) of $5.16 per share
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Its Price to Book (P/B) ratio is 97.35 compared to its sector average of None
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AppLovin Corporation engages in building a software-based platform for advertisers to enhance the marketing and monetization of their content in the United States and internationally.