On Tuesday, Longeveron Inc (NASDAQ: LGVN) was 7.01% up from the session before settling in for the closing price of $1.57. A 52-week range for LGVN has been $0.77 – $37.50.
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Annual sales at Healthcare sector company grew by 7.76% over the past five years. When this article was written, the company’s average yearly earnings per share was at 65.59%. With a float of $4.41 million, this company’s outstanding shares have now reached $6.35 million.
Let’s look at the performance matrix of the company that is accounted for 25 employees.
Longeveron Inc (LGVN) Insider and Institutional Ownership
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Longeveron Inc stocks. The insider ownership of Longeveron Inc is 30.61%, while institutional ownership is 0.78%. The most recent insider transaction that took place on Apr 11 ’24, was worth 100,000. In this transaction Chief Scientific Officer of this company bought 42,553 shares at a rate of $2.35, taking the stock ownership to the 633,280 shares. Before that another transaction happened on Apr 11 ’24, when Company’s Director bought 31,915 for $2.35, making the entire transaction worth $75,000. This insider now owns 208,534 shares in total.
Longeveron Inc (LGVN) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around 65.59% per share during the next fiscal year.
Longeveron Inc (NASDAQ: LGVN) Trading Performance Indicators
You can see what Longeveron Inc (LGVN) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 0.71. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 10.89.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -7.22, a number that is poised to hit -1.17 in the next quarter and is forecasted to reach -1.42 in one year’s time.
Technical Analysis of Longeveron Inc (LGVN)
Longeveron Inc (NASDAQ: LGVN) saw its 5-day average volume 1.0 million, a negative change from its year-to-date volume of 4.3 million. As of the previous 9 days, the stock’s Stochastic %D was 11.27%. Additionally, its Average True Range was 0.37.
During the past 100 days, Longeveron Inc’s (LGVN) raw stochastic average was set at 17.87%, which indicates a significant decrease from 25.10% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 405.61% in the past 14 days, which was higher than the 220.90% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.5680, while its 200-day Moving Average is $9.8428. Nevertheless, the first resistance level for the watch stands at $1.8367 in the near term. At $1.9933, the stock is likely to face the second major resistance level. The third major resistance level sits at $2.1567. If the price goes on to break the first support level at $1.5167, it is likely to go to the next support level at $1.3533. The third support level lies at $1.1967 if the price breaches the second support level.
Longeveron Inc (NASDAQ: LGVN) Key Stats
There are 6,349K outstanding shares of the company, which has a market capitalization of 10.67 million. As of now, sales total 710 K while income totals -21,410 K. Its latest quarter income was 550 K while its last quarter net income were -4,060 K.
