Leap Therapeutics Inc (NASDAQ: LPTX) on Friday, soared 14.81% from the previous trading day, before settling in for the closing price of $2.33. Within the past 52 weeks, LPTX’s price has moved between $1.31 and $5.00.
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Over the past five-year period, the drop rate of yearbook sales for the company of the Healthcare sector was -20.00%. The company achieved an average annual earnings per share of 54.87%. With a float of $29.73 million, this company’s outstanding shares have now reached $38.26 million.
Considering the fact that the conglomerate employs 54 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 64.98%, operating margin of -10367.51%, and the pretax margin is -9480.91%.
Leap Therapeutics Inc (LPTX) Insider Activity
Observing investor behavior towards Biotechnology industry stocks is more important than anything else. The insider ownership of Leap Therapeutics Inc is 22.30%, while institutional ownership is 32.18%.
Leap Therapeutics Inc (LPTX) Earnings and Forecasts
As on 6/30/2024, Multinational firm has announced its last quarter scores, in which it reported -0.51 earnings per share (EPS) for the period topping the consensus outlook (set at -0.58) by 0.07. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.34 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 54.87% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -2.49% during the next five years compared to 28.36% growth over the previous five years of trading.
Leap Therapeutics Inc (NASDAQ: LPTX) Trading Performance Indicators
Leap Therapeutics Inc (LPTX) is currently performing well based on its current performance indicators. A quick ratio of 5.10 was reported for the most recent quarter.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -2.00, a number that is poised to hit -0.49 in the next quarter and is forecasted to reach -1.22 in one year’s time.
Technical Analysis of Leap Therapeutics Inc (LPTX)
Compared to the last year’s volume of 0.22 million, its volume of 0.49 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 62.31%. Additionally, its Average True Range was 0.19.
During the past 100 days, Leap Therapeutics Inc’s (LPTX) raw stochastic average was set at 59.23%, which indicates a significant decrease from 93.14% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 78.57% in the past 14 days, which was higher than the 76.24% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.64, while its 200-day Moving Average is $2.65. Nevertheless, the first resistance level for the watch stands at $2.85 in the near term. At $3.03, the stock is likely to face the second major resistance level. The third major resistance level sits at $3.35. If the price goes on to break the first support level at $2.35, it is likely to go to the next support level at $2.03. Should the price break the second support level, the third support level stands at $1.85.
Leap Therapeutics Inc (NASDAQ: LPTX) Key Stats
Market capitalization of the company is 102.35 million based on 25,600K outstanding shares. Right now, sales total 0 K and income totals -81,410 K. The company made 0 K in profit during its latest quarter, and -20,130 K in sales during its previous quarter.
