Viking Therapeutics Inc. (NASDAQ: VKTX) started the day on February 19, 2021, with a price increase of 1.86% at $7.67. During the day, the stock rose to $7.87 and sunk to $7.56 before settling in for the price of $7.53 at the close. Taking a more long-term approach, VKTX posted a 52-week range of $3.26-$10.09.
Meanwhile, its Annual Earning per share during the time was 31.80%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -51.90%. This publicly-traded company’s shares outstanding now amounts to $72.90 million, simultaneously with a float of $64.86 million. The organization now has a market capitalization sitting at $558.22 million. At the time of writing, stock’s 50-day Moving Average stood at $7.03, while the 200-day Moving Average is $6.80.
Viking Therapeutics Inc. (VKTX) Ownership Facts and Figures
Now let’s turn our focus to how large-scale investors are working with this stock of the Biotechnology Industry. Viking Therapeutics Inc.’s current insider ownership accounts for 9.90%, in contrast to 52.70% institutional ownership. According to the most recent insider trade that took place on Aug 26, this organization’s 10% Owner sold 94,488 shares at the rate of 8.11, making the entire transaction reach 766,109 in total value, affecting insider ownership by 5,819,383. Preceding that transaction, on Aug 25, Company’s 10% Owner sold 70,000 for 8.02, making the whole transaction’s value amount to 561,575. This particular insider is now the holder of 5,968,083 in total.
Viking Therapeutics Inc. (VKTX) Earnings and Revenue Records
In the latest quarterly report released, which was put into the public domain on 12/30/2020, the organization reported -$0.15 earnings per share (EPS) for the three months, surpassing the consensus estimate (set at -$0.15) by $0. This company achieved a return on equity of -15.15. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.18 per share during the current fiscal year.
Viking Therapeutics Inc.’s EPS decrease for this current 12-month fiscal period is -51.90% and is forecasted to reach -1.01 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 40.00% through the next 5 years, which can be compared against the 31.80% growth it accomplished over the previous five years trading on the market.
Viking Therapeutics Inc. (NASDAQ: VKTX) Trading Performance Indicators
Let’s observe the current performance indicators for Viking Therapeutics Inc. (VKTX). It’s Quick Ratio in the last reported quarter now stands at 21.10. The Stock has managed to achieve an average true range (ATR) of 0.56.
In the same vein, VKTX’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.54, a figure that is expected to reach -0.17 in the next quarter, and analysts are predicting that it will be -1.01 at the market close of one year from today.
Technical Analysis of Viking Therapeutics Inc. (VKTX)
If we take a close look at the recent performances of Viking Therapeutics Inc. (NASDAQ: VKTX), its last 5-days Average volume was 1.51 million that shows plunge from its year to date volume of 1.72 million. During the previous 9 days, stock’s Stochastic %D was recorded 7.67% While, its Average True Range was 0.58.
Raw Stochastic average of Viking Therapeutics Inc. (VKTX) in the period of the previous 100 days is set at 49.95%, which indicates a major rise in contrast to 20.13% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 86.59% that was higher than 54.85% volatility it exhibited in the past 100-days period.