On Friday, Viking Therapeutics Inc (NASDAQ: VKTX) opened higher 1.84% from the last session, before settling in for the closing price of $49.88. Price fluctuations for VKTX have ranged from $16.70 to $99.41 over the past 52 weeks.
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Company’s average yearly earnings per share was noted -5.80% at the time writing. With a float of $108.05 million, this company’s outstanding shares have now reached $111.43 million.
Considering the fact that the conglomerate employs 27 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 28.9%, operating margin of -30726.61%, and the pretax margin is -22741.06%.
Viking Therapeutics Inc (VKTX) Insider Activity
A key investor’s attitude towards the stock of the Biotechnology industry is another important factor to consider. The insider ownership of Viking Therapeutics Inc is 3.04%, while institutional ownership is 73.78%. The most recent insider transaction that took place on Nov 08 ’24, was worth 137,333. In this transaction Director of this company sold 2,000 shares at a rate of $68.67, taking the stock ownership to the 47,965 shares. Before that another transaction happened on Nov 08 ’24, when Company’s Director proposed sale 2,000 for $68.67, making the entire transaction worth $137,333.
Viking Therapeutics Inc (VKTX) Earnings and Forecasts
Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.28 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -5.80% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 40.00% during the next five years compared to -18.89% drop over the previous five years of trading.
Viking Therapeutics Inc (NASDAQ: VKTX) Trading Performance Indicators
Check out the current performance indicators for Viking Therapeutics Inc (VKTX). In the past quarter, the stock posted a quick ratio of 36.47.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.94, a number that is poised to hit -0.28 in the next quarter and is forecasted to reach -1.48 in one year’s time.
Technical Analysis of Viking Therapeutics Inc (VKTX)
Compared to the last year’s volume of 4.48 million, its volume of 3.16 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 21.98%. Additionally, its Average True Range was 3.43.
During the past 100 days, Viking Therapeutics Inc’s (VKTX) raw stochastic average was set at 10.14%, which indicates a significant decrease from 36.63% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 36.93% in the past 14 days, which was lower than the 85.46% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $61.35, while its 200-day Moving Average is $63.23. Nevertheless, the first resistance level for the watch stands at $51.86 in the near term. At $52.91, the stock is likely to face the second major resistance level. The third major resistance level sits at $53.91. If the price goes on to break the first support level at $49.81, it is likely to go to the next support level at $48.81. Should the price break the second support level, the third support level stands at $47.76.
Viking Therapeutics Inc (NASDAQ: VKTX) Key Stats
There are currently 111,436K shares outstanding in the company with a market cap of 5.77 billion. Presently, the company’s annual sales total 0 K according to its annual income of -85,900 K. Last quarter, the company’s sales amounted to 0 K and its income totaled -24,940 K.
