Lipocine Inc (NASDAQ: LPCN) on Monday, soared 20.27% from the previous trading day, before settling in for the closing price of $5.23. Within the past 52 weeks, LPCN’s price has moved between $2.52 and $5.50.
It was noted that within the last five years, the titan of the Healthcare sector saw sales topped by 82.03%. The company achieved an average annual earnings per share of -127697.40%. With a float of $5.39 million, this company’s outstanding shares have now reached $5.42 million.
Lipocine Inc (LPCN) Insider and Institutional Ownership
Observing investor behavior towards Biotechnology industry stocks is more important than anything else. The insider ownership of Lipocine Inc is 2.84%, while institutional ownership is 18.54%.
Lipocine Inc (LPCN) Latest Financial update
As on 12/31/2024, Multinational firm has announced its last quarter scores, in which it reported 0.33 earnings per share (EPS) for the period topping the consensus outlook (set at -0.4) by 0.73. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.6 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -127697.40% per share during the next fiscal year.
Lipocine Inc (NASDAQ: LPCN) Trading Performance Indicators
Lipocine Inc (LPCN) is currently performing well based on its current performance indicators. A quick ratio of 8.25 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 8.08.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.02, a number that is poised to hit -0.61 in the next quarter and is forecasted to reach -1.81 in one year’s time.
Technical Analysis of Lipocine Inc (LPCN)
The latest stats from [Lipocine Inc, LPCN] show that its last 5-days average volume of 0.21 million was superior to 41901.0 than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 94.30%.
During the past 100 days, Lipocine Inc’s (LPCN) raw stochastic average was set at 89.76%, which indicates a significant increase from 88.28% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.43 in the past 14 days, which was higher than the 0.19 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $3.26, while its 200-day Moving Average is $3.19. Now, the first resistance to watch is $6.94. This is followed by the second major resistance level at $7.59. The third major resistance level sits at $8.46. If the price goes on to break the first support level at $5.42, it is likely to go to the next support level at $4.55. The third support level lies at $3.90 if the price breaches the second support level.
Lipocine Inc (NASDAQ: LPCN) Key Stats
Market capitalization of the company is 34.93 million based on 5,552K outstanding shares. Right now, sales total 11,200 K and income totals 10 K. The company made 110 K in profit during its latest quarter, and -3,190 K in sales during its previous quarter.
