(VIANEWS) – Shares of Apache (NASDAQ: APA) dropped 9.1% to $31.66 at 12:36 EST on Wednesday, following the last session’s upward trend. NASDAQ is falling 1.15% to $11,296.88, after two consecutive sessions in a row of gains. This seems, so far, an all-around down trend exchanging session today.
Apache’s last close was $34.83, 32.95% below its 52-week high of $51.95.
About Apache
APA Corporation, through its subsidiaries, explores for, develops, and produces oil and gas properties. It has operations in the United States, Egypt, and the United Kingdom, as well as has exploration activities offshore Suriname. The company also operates gathering, processing, and transmission assets in West Texas, as well as holds ownership in four Permian-to-Gulf Coast pipelines. APA Corporation was founded in 1954 and is based in Houston, Texas.
Earnings Per Share
As for profitability, Apache has a trailing twelve months EPS of $-12.86.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 373.66%.
Moving Average
Apache’s worth is way below its 50-day moving average of $42.21 and way below its 200-day moving average of $41.09.
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