Geode Capital Management LLC recently announced the acquisition of new stake in Aptorum Group Limited (NASDAQ:APM). The institutional investor has increased its shareholding in the Healthcare company by 4.50% to 0.35 million shares with purchase of 14985.0 shares. This fresh investment now brings its stake to 2.62% valued currently at $0.19 million. In addition, Virtu Financial BD LLC raised its holdings by 93804.0 to 93804.0 shares. And G1 Execution Services LLC has lifted its position by 399.97% or 72394.0 shares – to 90494.0 shares.
With over 0.23 million Aptorum Group Limited (APM) shares trading Friday and a closing price of $0.56 on the day, the dollar volume was approximately $0.13 million. The shares have shown a negative half year performance of -62.67% and its price on 01/20/23 lost nearly -1.75%. Currently, there are 35.68M common shares owned by the public and among those 9.07M shares have been available to trade.
Fidelity Nasdaq Composite Index E owns 0.33 million shares of the company’s stock, all valued at over $0.18 million. The company bought an additional 2960.0 shares recently to bring their total holdings to about 2.48% of the shares outstanding.
Shares of Aptorum Group Limited (NASDAQ: APM) opened at $5.50, up $4.93 from a prior closing price of $0.57. However, the script later moved the day high at 0.6500, down -1.75%. The company’s stock has a 5-day price change of -3.45% and -26.41% over the past three months. APM shares are trading 1.80% year to date (YTD), with the 12-month market performance down to -54.10% lower. It has a 12-month low price of $0.40 and touched a high of $2.35 over the same period. APM has an average intraday trading volume of 50.22K shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 4.46%, 0.61%, and -47.68% respectively.
Institutional ownership of Aptorum Group Limited (NASDAQ: APM) shares accounts for 6.50% of the company’s 35.68M shares outstanding. Mutual fund holders own 2.66%, while other institutional holders and individual stakeholders account for 3.85% and — respectively.
It has a market capitalization of $20.40M and a beta (3y monthly) value of -0.05. The earnings-per-share (ttm) stands at -$0.30. Price movements for the stock have been influenced by the stock’s volatility, which stands at 17.65% over the week and 19.76% over the month.
Analysts forecast that Aptorum Group Limited (APM) will achieve an EPS of $0 for the current quarter, $0 for the next quarter and $0 for 2021. The lowest estimate earnings-per-share for the quarter is $0 while analysts give the company a high EPS estimate of $0.
If you are looking to buy this stock, then you may note that the average analyst recommendation by 1 brokerage firm advisors rate Aptorum Group Limited (APM) as a “Moderate Buy” at a consensus score of 2.00. Specifically, 1 Wall Street analysts polled rate the stock as a buy, while 0 of the 1 advise that investors “hold,” and 0 rated it as a “Sell.”