Applied DNA Sciences (NASDAQ:APDN) Shares Pass Above Two Hundred Day Moving Average of $0.54
Shares of Applied DNA Sciences Inc (NASDAQ:APDN) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $0.54 and traded as high as $0.28. Applied DNA Sciences shares last traded at $0.28, with a volume of 100 shares traded.
Separately, Maxim Group reiterated a “hold” rating on shares of Applied DNA Sciences in a research report on Wednesday, June 12th.
The stock’s 50-day moving average is $0.36 and its 200-day moving average is $0.54. The company has a current ratio of 0.81, a quick ratio of 0.66 and a debt-to-equity ratio of 2.82.
Large investors have recently bought and sold shares of the company. Capital Investment Advisors LLC bought a new position in Applied DNA Sciences during the second quarter worth $27,000. Laurel Wealth Advisors Inc. bought a new position in Applied DNA Sciences during the first quarter worth $71,000. Wells Fargo & Company MN bought a new position in Applied DNA Sciences during the second quarter worth $54,000. Finally, Creative Planning boosted its stake in Applied DNA Sciences by 194.6% during the first quarter. Creative Planning now owns 166,475 shares of the technology company’s stock worth $119,000 after acquiring an additional 109,966 shares in the last quarter. 5.72% of the stock is currently owned by institutional investors.
Applied DNA Sciences Company Profile (NASDAQ:APDN)
Applied DNA Sciences, Inc develops and markets plat based or other DNA technology solution in the United States, Europe, and Asia. The company's supply chain security and product authentication solutions include SigNature molecular tags that are ingredients used to fortify brand protection efforts and strengthen supply chain security, as well as mark, track, and convict criminals; SigNature T molecular tags, which are tagging and authentication systems for use in brand protection efforts and raw material source compliance programs; and fiberTyping, a test of native cotton fiber DNA.
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