Longeveron Inc [LGVN] stock is trading at $2.22, up 8.29%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The LGVN shares have gain 11.00% over the last week, with a monthly amount glided 12.12%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Longeveron Inc [LGVN] stock has fluctuated between $0.77 and $23.90 over the past year. Currently, Wall Street analysts expect the stock to reach $10 within the next 12 months. Longeveron Inc [NASDAQ: LGVN] shares were valued at $2.22 at the most recent close of the market. An investor can expect a potential return of 350.45% based on the average LGVN price forecast.
Analyzing the LGVN fundamentals
Longeveron Inc [NASDAQ:LGVN] reported sales of 1.23M for the trailing twelve months, which represents a growth of 115.67%. 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. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.12.
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 2.07 points at the first support level, and at 1.93 for the second support level. However, for the 1st resistance point, the stock is sitting at 2.30, and for the 2nd resistance point, it is at 2.39.
Ratios To Look Out For
For context, Longeveron Inc’s Current Ratio is 4.18. Also, the Quick Ratio is 4.18, while the Cash Ratio stands at 3.86. Considering the valuation of this stock, the price to sales ratio is 11.46, the price to book ratio is 1.43.
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.
