Longeveron Inc (NASDAQ: LGVN) kicked off on Tuesday, down -4.15% from the previous trading day, before settling in for the closing price of $1.93. Over the past 52 weeks, LGVN has traded in a range of $0.77-$23.90.
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Annual sales at Healthcare sector company grew by 7.76% over the past five years. While this was happening, its average annual earnings per share was recorded 71.27%. With a float of $4.57 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. In terms of profitability, gross margin is 46.65%, operating margin of -954.59%, and the pretax margin is -975.54%.
Longeveron Inc (LGVN) Insider and Institutional Ownership
Our next focus will be how large-scale investors are participating in this stock of the Biotechnology Industry. The insider ownership of Longeveron Inc is 28.07%, while institutional ownership is 14.81%. 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) Latest Financial update
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
Take a look at Longeveron Inc’s (LGVN) current performance indicators. Last quarter, stock had a quick ratio of 7.67. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 14.83.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -6.33, a number that is poised to hit -0.35 in the next quarter and is forecasted to reach -1.10 in one year’s time.
Technical Analysis of Longeveron Inc (LGVN)
Longeveron Inc (NASDAQ: LGVN) saw its 5-day average volume 0.59 million, a negative change from its year-to-date volume of 3.8 million. As of the previous 9 days, the stock’s Stochastic %D was 21.88%. Additionally, its Average True Range was 0.17.
During the past 100 days, Longeveron Inc’s (LGVN) raw stochastic average was set at 7.89%, which indicates a significant decrease from 20.00% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 65.05% in the past 14 days, which was lower than the 129.85% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.0318, while its 200-day Moving Average is $2.6343. Nevertheless, the first resistance level for the watch stands at $1.9350 in the near term. At $2.0200, the stock is likely to face the second major resistance level. The third major resistance level sits at $2.1200. If the price goes on to break the first support level at $1.7500, it is likely to go to the next support level at $1.6500. The third support level lies at $1.5650 if the price breaches the second support level.
Longeveron Inc (NASDAQ: LGVN) Key Stats
The company with the Market Capitalisation of 27.44 million has total of 14,359K Shares Outstanding. Its annual sales at the moment are 710 K in contrast with the sum of -21,410 K annual income. Company’s last quarter sales were recorded 770 K and last quarter income was -4,420 K.
