Longeveron Inc (LGVN) Stock: A Closer Look

A share price of Longeveron Inc [LGVN] is currently trading at $2.93, up 73.37%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The LGVN shares have gain 36.28% over the last week, with a monthly amount drifted -36.30%, and not seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Longeveron Inc experienced fluctuations in its stock price throughout the past year between $1.62 and $44.00. Longeveron Inc [NASDAQ: LGVN] shares were valued at $2.93 at the most recent close of the market.

Analyzing the LGVN fundamentals

Trailing Twelve Months sales for Longeveron Inc [NASDAQ:LGVN] were 0.71M which represents -47.93% decline. Gross Profit Margin for this corporation currently stands at -0.02% with Operating Profit Margin at -29.66%, Pretax Profit Margin comes in at -31.33%, and Net Profit Margin reading is -31.23%. To continue investigating profitability, this company’s Return on Assets is posted at -1.82, Equity is -2.16 and Total Capital is -2.54. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.3.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 2.2500 points at the first support level, and at 1.5700 for the second support level. However, for the 1st resistance point, the stock is sitting at 3.5100, and for the 2nd resistance point, it is at 4.0900.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Longeveron Inc [NASDAQ:LGVN] is 1.50. Further, the Quick Ratio stands at 1.50, while the Cash Ratio is 1.27. Considering the valuation of this stock, the price to sales ratio is 13.41, the price to book ratio is 1.08.

Transactions by insiders

Recent insider trading involved Hare Joshua, Chief Scientific Officer, that happened on Apr 11 ’24 when 42553.0 shares were purchased. Director, Soffer Rock completed a deal on Apr 11 ’24 to buy 31915.0 shares. Meanwhile, Chief Executive Officer Hashad Mohamed Wa’el Ahmed bought 10638.0 shares on Apr 11 ’24.

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