Longeveron Inc [LGVN] stock prices are up 3.00% to $2.06 at the moment. 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 11.35% over the last week, with a monthly amount drifted -5.94%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
The stock price of Longeveron Inc [LGVN] has been fluctuating 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 $2.06 at the most recent close of the market. An investor can expect a potential return of 385.44% based on the average LGVN price forecast.
Analyzing the LGVN fundamentals
The Longeveron Inc [NASDAQ:LGVN] reported sales of 1.85M for trailing twelve months, representing a surge of 415.33%. Gross Profit Margin for this corporation currently stands at 0.47% with Operating Profit Margin at -9.55%, Pretax Profit Margin comes in at -9.76%, and Net Profit Margin reading is -9.67%. To continue investigating profitability, this company’s Return on Assets is posted at -0.6, Equity is -1.42 and Total Capital is -0.66.
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 2.00 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 2.11, and for the 2nd resistance point, it is at 2.15.
Ratios To Look Out For
It’s worth pointing out that Longeveron Inc [NASDAQ:LGVN]’s Current Ratio is 7.67. Also, the Quick Ratio is 7.67, while the Cash Ratio stands at 7.35. Considering the valuation of this stock, the price to sales ratio is 16.52, the price to book ratio is 1.19.
Transactions by insiders
Recent insider trading involved Baluch Khoso, Director, that happened on Nov 27 ’24 when 1250.0 shares were purchased. Chief Scientific Officer, Hare Joshua completed a deal on Apr 10 ’24 to buy 0.11 million shares. Meanwhile, Chief Scientific Officer Hare Joshua bought 42553.0 shares on Apr 11 ’24.
