At the time of writing, Liquidia Corp [LQDA] stock is trading at $11.93, up 3.38%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The LQDA shares have gain 5.20% over the last week, with a monthly amount drifted -0.91%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Previously, Needham reaffirmed its Buy rating on January 05, 2024, and elevated its price target to $28. Wedbush downgraded its rating to a Underperform but stick to its price target of $3 on September 01, 2022. Ladenburg Thalmann initiated its recommendation with a Buy and recommended $15 as its price target on July 22, 2022. BTIG Research started tracking with a Buy rating for this stock on May 31, 2022, and assigned it a price target of $14. In a note dated May 26, 2022, BofA Securities initiated an Buy rating and provided a target price of $12 on this stock.
For the past year, the stock price of Liquidia Corp fluctuated between $5.71 and $16.99. Currently, Wall Street analysts expect the stock to reach $14.75 within the next 12 months. Liquidia Corp [NASDAQ: LQDA] shares were valued at $11.93 at the most recent close of the market. An investor can expect a potential return of 23.64% based on the average LQDA price forecast.
Analyzing the LQDA fundamentals
According to Liquidia Corp [NASDAQ:LQDA], the company’s sales were 15.97M for trailing twelve months, which represents an -33.85% plunge. Gross Profit Margin for this corporation currently stands at 0.73% with Operating Profit Margin at -5.82%, Pretax Profit Margin comes in at -6.74%, and Net Profit Margin reading is -6.74%. To continue investigating profitability, this company’s Return on Assets is posted at -0.55, Equity is 2.11 and Total Capital is -0.53. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.04.
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 11.54 points at the first support level, and at 11.15 for the second support level. However, for the 1st resistance point, the stock is sitting at 12.24, and for the 2nd resistance point, it is at 12.55.
Ratios To Look Out For
It is important to note that Liquidia Corp [NASDAQ:LQDA] has a current ratio of 7.66. As well, the Quick Ratio is 7.50, while the Cash Ratio is 7.2. Considering the valuation of this stock, the price to sales ratio is 57.08, the price to book ratio is 10.55.
Transactions by insiders
Recent insider trading involved Adair Jason, Chief Business Officer, that happened on Jul 26 ’24 when 1833.0 shares were sold. Chief Medical Officer, Saggar Rajeev completed a deal on Jul 19 ’24 to sell 1873.0 shares. Meanwhile, Chief Executive Officer JEFFS ROGER sold 8053.0 shares on Jul 12 ’24.
