Apache Corporation (APA) Dips 3.97% for March 08

Apache Corporation (APA) Dips 3.97% for March 08

Among the S&P 500’s biggest fallers on Friday March 08 was Apache Corporation (APA). The stock experienced a 3.97% decline to $31.95 with 5.23 million shares changing hands.

Apache Corporation started at an opening price of 32.61 and hit a high of $32.61 and a low of $31.52. Ultimately, the stock took a hit and finished the day at $1.32 per share. Apache Corporation trades an average of 4.9 million shares a day out of a total 375.41 million shares outstanding. The current moving averages are a 50-day SMA of $31.29 and a 200-day SMA of $38.80. Apache Corporation hit a high of $50.03 and a low of $24.56 over the last year.

Apache Corp is a US-based independent energy company. It is engaged in the exploration activities for the development and production of natural gas, crude oil, and natural gas liquids. The company has exploration and production operations in the geographic areas of Egypt, the US, and offshore the U.K. in the North Sea. In addition, it also has exploration interests in Suriname. The company derives the majority of the revenue from oil and gas production activities in the US and Egypt.

With its headquarters located in Houston, TX, Apache Corporation employs 3,420 people. After today’s trading, the company’s market cap has fallen to $11.99 billionAs for its value, has a P/E ratio of <339.9, a P/S of 1.7, a P/B of 1.7, and a P/FCF of 19.7.

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