Apple Inc. (AAPL) Rises 3.46% for March 11

Apple Inc. (AAPL) Rises 3.46% for March 11

Among the biggest risers on the S&P 500 on Monday March 11 was Apple Inc. ($AAPL), popping some 3.46% to a price of $178.90 a share with some 29.95 million shares trading hands.

Starting the day trading at $175.49, Apple Inc. reached an intraday high of $179.12 and hit intraday lows of $175.35. Shares gained $5.99 apiece by day’s end. Over the last 90 days, the stock’s average daily volume has been n/a of its 4.72 billion share total float. Today’s action puts the stock’s 50-day SMA at $n/a and 200-day SMA at $n/a with a 52-week range of $142.00 to $233.47.

Apple designs a wide variety of consumer electronic devices, including smartphones (iPhone), tablets (iPad), PCs (Mac), smartwatches (Watch), and TV boxes (Apple TV), among others. The iPhone makes up the majority of Apple’s total revenue. In addition, Apple offers its customers a variety of services such as Apple Music, iCloud, AppleCare and Apple Pay, among others. Apple’s products run internally developed software and semiconductors, and the firm is well known for its integration of hardware, software and services. Apple’s products are distributed online as well as through company-owned stores and third-party retailers. The company generates about 40% of its revenue from the Americas, with the remainder earned internationally.

Apple Inc. has its corporate headquarters located in Cupertino, CA and employs 132,000 people. Its market cap has now risen to $843.56 billion after today’s trading, its P/E ratio is now 14.2, its P/S 3.12, P/B 7.16, and P/FCF n/a.

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