Applied DNA Sciences (APDN) jumps almost 30%
What’s up with Applied DNA Sciences?
Applied DNA Sciences (APDN) opened at $8.64, which means the stock is up 30.00% from yesterday’s closing price of 8.61. Today, the company has a high of $9.40 and a low of $7.65. The company has a market cap of $32.76 with a 52-week high of $33.60 and a 52-week low of $2.52.
What about the future for Applied DNA Sciences?
The high forecast for Applied DNA Sciences is 18.00 while the low is 7.00. Stock forecasts are based on human experience: Human traders based on their experience in terms of stock price patterns, volume changes, and market news/rumors regarding a particular stock. Applied DNA Sciences has a strong forecast. A strong forecast is a result of strong earning reports as investors are willing to pay a higher share price today because of growth expectations in the future. Based on this information APDN seems to be a safe buy.
About Applied DNA Sciences
Applied DNA Sciences, Inc. engages in the provision of security solutions. It offers molecular-based technology solutions and services that can help protect products, brands, supply chains, and intellectual property of companies, governments, and consumers from theft, counterfeiting, fraud, and diversion. Its products include the following brands: Applied DNA Sciences, SigNature, molecular tags, SigNature, T molecular tags, fiberTyping, DNAnet, digitalDNA, SigNify, BackTrac, Beacon, and CertainT. The company was founded in 1983 and is headquartered in Stony Brook, NY.