A share price of Longeveron Inc [LGVN] is currently trading at $1.94, up 8.38%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The LGVN shares have gain 6.59% over the last week, with a monthly amount drifted -6.73%, 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 $0.77 and $23.90. Currently, Wall Street analysts expect the stock to reach $10 within the next 12 months. Longeveron Inc [NASDAQ: LGVN] shares were valued at $1.94 at the most recent close of the market. An investor can expect a potential return of 415.46% based on the average LGVN price forecast.
Analyzing the LGVN fundamentals
Trailing Twelve Months sales for Longeveron Inc [NASDAQ:LGVN] were 1.23M which represents 115.67% growth. Gross Profit Margin for this corporation currently stands at 0.01% with Operating Profit Margin at -14.8%, Pretax Profit Margin comes in at -15.79%, and Net Profit Margin reading is -15.79%. To continue investigating profitability, this company’s Return on Assets is posted at -1.0, Equity is -2.47 and Total Capital is -1.12. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.12.
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 1.8350 points at the first support level, and at 1.7300 for the second support level. However, for the 1st resistance point, the stock is sitting at 2.0100, and for the 2nd resistance point, it is at 2.0800.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Longeveron Inc [NASDAQ:LGVN] is 4.18. In addition, the Quick Ratio stands at 4.18 and the Cash Ratio stands at 3.86. Considering the valuation of this stock, the price to sales ratio is 10.02, the price to book ratio is 1.25.
Transactions by insiders
Recent insider trading involved Hare Joshua, Chief Scientific Officer, that happened on Apr 10 ’24 when 0.11 million shares were purchased. Chief Scientific Officer, Hare Joshua completed a deal on Apr 11 ’24 to buy 42553.0 shares. Meanwhile, Chief Executive Officer Hashad Mohamed Wa’el Ahmed bought 10638.0 shares on Apr 11 ’24.
