AppHarvest Inc

Company Profile

AppHarvest Inc had its IPO on 2020-06-16 under the ticker symbol APPHW.

The company operates in the sector and industry. AppHarvest Inc has a staff strength of 69 employees.

Stock update

Shares of AppHarvest Inc opened at $0.09 at the start of the last trading session i.e. 2023-03-24.

The stocks traded within a range of $0.09 - $0.1, and closed at $0.1.

This is a +3.49% increase from the previous day's closing price.

A total volume of 23,451 shares were traded at the close of the day’s session.

In the last one week, shares of AppHarvest Inc have slipped by -13.71%.

AppHarvest Inc's Key Ratios

AppHarvest Inc has a market cap of $1.59 billion, indicating a price to book ratio of 0 and a price to sales ratio of 0.

In the last 12-months AppHarvest Inc’s revenue was $0 with a gross profit of $0 and an EBITDA of $-9173538. 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 0% while its return on assets stood at 0% with a return of equity of -2071.3%.

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

AppHarvest Inc’s PE and PEG Ratio

Forward PE

0

Trailing PE

0

PEG

Its diluted EPS in the last 12-months stands at $0 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 0 and a EV to EBITDA ratio of 0. Its price to sales ratio in the trailing 12-months stood at 0.

AppHarvest Inc stock pays annual dividends of $ 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

$34.03 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 $34.03 million.

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

Other key metrics

Current Trading Price

$0.1

52-Week High

$1.67

52-Week Low

$0.07

Analyst Target Price

$

AppHarvest Inc stock is currently trading at $0.1 per share. It touched a 52-week high of $1.67 and a 52-week low of $1.67. Analysts tracking the stock have a 12-month average target price of $.

Its 50-day moving average was $0.17 and 200-day moving average was $0.31 The short ratio stood at 0 indicating a short percent outstanding of 0%.

Around 0% of the company’s stock are held by insiders while 0% are held by institutions.