According to today’s article on Bloomberg Quint, “Apple Hires Prominent Venture Capitalist for App Store Role.”
Apple has been somewhat immune to the crisis with its shares rising 3.43% to $120.59 at 15:05 EST on Monday, after three sequential sessions in a row of gains. The Nasdaq Stock Market is falling 0.16% to $12,185.90, after four sequential sessions in a row of gains, on what up to now seems, a somewhat negative trend trading session today.
Apple’s last close was $116.59, 14.42% below its 52-week high of $137.98.
Apple’s sales growth is 15.2% for the ongoing quarter and 24% for the next. The company’s growth estimates for the present quarter and the next is 11.2% and 34.4%, respectively.
Year-on-year quarterly revenue growth grew by 1%, now sitting on 274.52B for the twelve trailing months.
Apple’s stock is valued at $120.59 at 15:05 EST, way below its 52-week high of $137.98 and way above its 52-week low of $53.15.
Apple’s value is above its 50-day moving average of $116.83 and way higher than its 200-day moving average of $105.30.