A new trading day began on Monday, with Longeveron Inc (NASDAQ: LGVN) stock price up 6.40% from the previous day of trading, before settling in for the closing price of $2.03. LGVN’s price has ranged from $0.77 to $23.90 over the past 52 weeks.
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Healthcare Sector giant saw their annual sales surged by 7.76% over the last five years. Meanwhile, its annual earnings per share averaged 71.27%. With a float of $4.57 million, this company’s outstanding shares have now reached $6.35 million.
The firm has a total of 25 workers. Let’s measure their productivity. In terms of profitability, gross margin is 0.57%, operating margin of -1480.15%, and the pretax margin is -1578.76%.
Longeveron Inc (LGVN) Breakdown of a Key Holders of the stock
As we move forward, let’s examine how large-scale investors are investing in this stock of the Biotechnology Industry. The insider ownership of Longeveron Inc is 28.07%, while institutional ownership is 5.22%. The most recent insider transaction that took place on Apr 10 ’24, was worth 250,000. In this transaction Chief Scientific Officer of this company bought 106,383 shares at a rate of $2.35, taking the stock ownership to the 590,727 shares. Before that another transaction happened on Apr 11 ’24, when Company’s Chief Scientific Officer bought 42,553 for $2.35, making the entire transaction worth $100,000. This insider now owns 633,280 shares in total.
Longeveron Inc (LGVN) Recent Fiscal highlights
According to the Wall Street analysts, stocks earnings will be around 71.27% per share during the next fiscal year.
Longeveron Inc (NASDAQ: LGVN) Trading Performance Indicators
Here are Longeveron Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 4.18. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 24.49.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -8.78, a number that is poised to hit -0.39 in the next quarter and is forecasted to reach -1.10 in one year’s time.
Technical Analysis of Longeveron Inc (LGVN)
Analysing the last 5-days average volume posted by the [Longeveron Inc, LGVN], we can find that recorded value of 0.58 million was lower than the volume posted last year of 3.97 million. As of the previous 9 days, the stock’s Stochastic %D was 25.50%. Additionally, its Average True Range was 0.16.
During the past 100 days, Longeveron Inc’s (LGVN) raw stochastic average was set at 14.17%, which indicates a significant decrease from 41.49% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 78.56% in the past 14 days, which was lower than the 156.65% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.04, while its 200-day Moving Average is $2.89. Now, the first resistance to watch is $2.27. This is followed by the second major resistance level at $2.38. The third major resistance level sits at $2.55. If the price goes on to break the first support level at $1.99, it is likely to go to the next support level at $1.82. Now, if the price goes above the second support level, the third support stands at $1.71.
Longeveron Inc (NASDAQ: LGVN) Key Stats
With a market capitalization of 30.13 million, the company has a total of 14,359K Shares Outstanding. Currently, annual sales are 710 K while annual income is -21,410 K. The company’s previous quarter sales were 470 K while its latest quarter income was -3,410 K.
