NASDAQ
APPH

Appharvest Inc

Farm Products
Consumer Defensive

Prices are adjusted according to historical splits.

Appharvest Inc Stock Price

Vitals

Today's Low:
$0.4275
Today's High:
$0.4598
Open Price:
$0.4509
52W Low:
$0.469
52W High:
$7.05
Prev. Close:
$0.44
Volume:
1312219

Company Statistics

Market Cap.:
$94.29 million
Book Value:
3.2
Revenue TTM:
$13.12 million
Operating Margin TTM:
-827.23%
Gross Profit TTM:
$-32888000
Profit Margin:
0%
Return on Assets TTM:
-11.62%
Return on Equity TTM:
-42.46%

Company Profile

Appharvest Inc had its IPO on 2020-06-12 under the ticker symbol APPH.

The company operates in the Consumer Defensive sector and Farm Products industry. Appharvest Inc has a staff strength of 500 employees.

Stock update

Shares of Appharvest Inc opened at $0.45 at the start of the last trading session i.e. 2023-06-02.

The stocks traded within a range of $0.43 - $0.46, and closed at $0.44.

This is a +0.45% increase from the previous day's closing price.

A total volume of 1,312,219 shares were traded at the close of the day’s session.

In the last one week, shares of Appharvest Inc have slipped by -3.91%.

Appharvest Inc's Key Ratios

Appharvest Inc has a market cap of $94.29 million, indicating a price to book ratio of 0.2349 and a price to sales ratio of 6.3372.

In the last 12-months Appharvest Inc’s revenue was $13.12 million with a gross profit of $-32888000 and an EBITDA of $-95812000. The EBITDA ratio measures Appharvest Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Appharvest Inc’s operating margin was -827.23% while its return on assets stood at -11.62% with a return of equity of -42.46%.

In Q3, Appharvest Inc’s quarterly earnings growth was a positive 0% while revenue growth was a negative 3.5%.

Appharvest Inc’s PE and PEG Ratio

Forward PE
0
Trailing PE
0
PEG

Its diluted EPS in the last 12-months stands at $-1.7 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Appharvest Inc’s profitability.

Appharvest Inc stock is trading at a EV to sales ratio of 17.6952 and a EV to EBITDA ratio of -1.4686. Its price to sales ratio in the trailing 12-months stood at 6.3372.

Appharvest Inc stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets
$563.46 million
Total Liabilities
$32.41 million
Operating Cash Flow
$-34028000.00
Capital Expenditure
$73.05 million
Dividend Payout Ratio
0%

Appharvest Inc ended 2023 with $563.46 million in total assets and $0 in total liabilities. Its intangible assets were valued at $563.46 million while shareholder equity stood at $343.32 million.

Appharvest Inc ended 2023 with $3.59 million in deferred long-term liabilities, $32.41 million in other current liabilities, 11000.00 in common stock, $-270638000.00 in retained earnings and $0 in goodwill. Its cash balance stood at $36.23 million and cash and short-term investments were $36.23 million. The company’s total short-term debt was $4,157,000 while long-term debt stood at $181.62 million.

Appharvest Inc’s total current assets stands at $75.96 million while long-term investments were $5.00 million and short-term investments were $0. Its net receivables were $4000.00 compared to accounts payable of $10.50 million and inventory worth $12.41 million.

In 2023, Appharvest Inc's operating cash flow was $-34028000.00 while its capital expenditure stood at $73.05 million.

Comparatively, Appharvest Inc paid $0 in dividends in 2023.

Other key metrics

Current Trading Price
$0.44
52-Week High
$7.05
52-Week Low
$0.469
Analyst Target Price
$2

Appharvest Inc stock is currently trading at $0.44 per share. It touched a 52-week high of $7.05 and a 52-week low of $7.05. Analysts tracking the stock have a 12-month average target price of $2.

Its 50-day moving average was $0.5 and 200-day moving average was $1.29 The short ratio stood at 2.1 indicating a short percent outstanding of 0%.

Around 1790% of the company’s stock are held by insiders while 2416.2% are held by institutions.

Frequently Asked Questions About Appharvest Inc

The stock symbol (also called stock or share ticker) of Appharvest Inc is APPH

The IPO of Appharvest Inc took place on 2020-06-12

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About

AppHarvest, Inc., an applied agricultural technology company, develops and operates indoor farms to grow non-GMO produce free of chemical pesticide residues. Its products include tomatoes; and other fruits and vegetables, such as berries, peppers, cucumbers, and salad greens. The company was incorporated in 2018 and is based in Morehead, Kentucky.

Address

500 Appalachian Way, Morehead, KY, United States, 40351