Viking Therapeutics Inc (VKTX) is expecting -43.42% growth in the next quarter: What can investors do to maximize their returns?

Viking Therapeutics Inc (NASDAQ: VKTX) kicked off on Monday, down -5.85% from the previous trading day, before settling in for the closing price of $25.65. Over the past 52 weeks, VKTX has traded in a range of $24.41-$82.00.

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While this was happening, its average annual earnings per share was recorded -57.96%. With a float of $108.95 million, this company’s outstanding shares have now reached $111.57 million.

The firm has a total of 36 workers. Let’s measure their productivity. In terms of profitability, gross margin is 0.0%, operating margin of 0.0%, and the pretax margin is 0.0%.

Viking Therapeutics Inc (VKTX) Insider Activity

Our next focus will be how large-scale investors are participating in this stock of the Biotechnology Industry. The insider ownership of Viking Therapeutics Inc is 2.94%, while institutional ownership is 73.44%. The most recent insider transaction that took place on Jan 06 ’25, was worth 8,313,601. In this transaction President & CEO of this company sold 194,490 shares at a rate of $42.75, taking the stock ownership to the 2,366,570 shares. Before that another transaction happened on Jan 06 ’25, when Company’s Chief Operating Officer sold 54,215 for $42.75, making the entire transaction worth $2,317,599. This insider now owns 374,134 shares in total.

Viking Therapeutics Inc (VKTX) Earnings and Forecasts

Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.36 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -57.96% per share during the next fiscal year.

Viking Therapeutics Inc (NASDAQ: VKTX) Trading Performance Indicators

Take a look at Viking Therapeutics Inc’s (VKTX) current performance indicators. Last quarter, stock had a quick ratio of 33.09.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.01, a number that is poised to hit -0.33 in the next quarter and is forecasted to reach -2.16 in one year’s time.

Technical Analysis of Viking Therapeutics Inc (VKTX)

Analysing the last 5-days average volume posted by the [Viking Therapeutics Inc, VKTX], we can find that recorded value of 3.08 million was lower than the volume posted last year of 4.37 million. As of the previous 9 days, the stock’s Stochastic %D was 8.66%. Additionally, its Average True Range was 2.02.

During the past 100 days, Viking Therapeutics Inc’s (VKTX) raw stochastic average was set at 1.58%, which indicates a significant decrease from 10.72% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 71.07% in the past 14 days, which was lower than the 78.63% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $30.16, while its 200-day Moving Average is $49.57. Now, the first resistance to watch is $24.68. This is followed by the second major resistance level at $25.20. The third major resistance level sits at $25.91. If the price goes on to break the first support level at $23.45, it is likely to go to the next support level at $22.74. Should the price break the second support level, the third support level stands at $22.22.

Viking Therapeutics Inc (NASDAQ: VKTX) Key Stats

The company with the Market Capitalisation of 2.71 billion has total of 112,248K Shares Outstanding. Its annual sales at the moment are 0 K in contrast with the sum of -109,960 K annual income. Company’s last quarter sales were recorded 0 K and last quarter income was -35,420 K.