APA Group (OTCMKTS:APAJF) Shares Down 5.6% – Here’s Why

APA Group (OTCMKTS:APAJFGet Free Report)’s share price fell 5.6% during mid-day trading on Tuesday . The company traded as low as $5.7288 and last traded at $5.7288. 900 shares changed hands during trading, a decline of 84% from the average session volume of 5,666 shares. The stock had previously closed at $6.0658.

Analysts Set New Price Targets

Separately, The Goldman Sachs Group set a $9.00 price target on APA Group and gave the company a “neutral” rating in a report on Monday, October 6th. One analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $9.00.

Get Our Latest Stock Report on APA Group

APA Group Stock Down 5.6%

The company has a 50-day simple moving average of $5.81 and a 200 day simple moving average of $5.53.

APA Group Company Profile

(Get Free Report)

APA Group engages in the energy infrastructure business in Australia. The company operates through Energy Infrastructure, Asset Management, and Energy Investments segments. It operates gas transmission pipelines and interconnected grids, gas-fired power stations, electricity transmission interconnectors, solar and wind farms, and battery energy storage systems, as well as gas storage, processing, and compression facilities.

Further Reading

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