In a challenging economic climate, Apollo Global Management (NYSE:APO) Preferred (APOS) stock has reached a 52-week low, dipping to $26.13. With a substantial market capitalization of $91.65 billion and a P/E ratio of 17.44, InvestingPro data shows the company maintains strong fundamentals, including impressive revenue growth of 23% over the last twelve months. This latest price level reflects a notable decrease over the past year, with the stock experiencing a -3.89% change. Investors are closely monitoring Apollo's performance as it navigates through the prevailing market conditions that have seen many stocks retreat from their previous highs. Notable strengths include a healthy current ratio of 1.93 and a 14-year track record of consistent dividend payments. The company's strategic moves in the coming months will be critical as it aims to recover and potentially reposition itself for growth in a dynamic financial landscape. InvestingPro subscribers have access to 12 additional investment tips for APOS.
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