Lantern Pharma Inc [LTRN] stock prices are up 29.50% to $5.40 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The LTRN shares have gain 50.00% over the last week, with a monthly amount glided 71.70%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Lantern Pharma Inc [NASDAQ: LTRN] stock has seen the most recent analyst activity on October 07, 2021, when H.C. Wainwright initiated its Buy rating and assigned the stock a price target of $32.
The stock price of Lantern Pharma Inc [LTRN] has been fluctuating between $2.79 and $11.99 over the past year. Lantern Pharma Inc [NASDAQ: LTRN] shares were valued at $5.40 at the most recent close of the market.
Analyzing the LTRN fundamentals
Gross Profit Margin for this corporation currently stands at 0.64% with Operating Profit Margin at -81.2%, Pretax Profit Margin comes in at -73.13%, and Net Profit Margin reading is -73.13%. To continue investigating profitability, this company’s Return on Assets is posted at -0.63, Equity is -0.57 and Total Capital is -0.79. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.01.
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 4.34 points at the first support level, and at 3.28 for the second support level. However, for the 1st resistance point, the stock is sitting at 6.29, and for the 2nd resistance point, it is at 7.18.
Ratios To Look Out For
It’s worth pointing out that Lantern Pharma Inc [NASDAQ:LTRN]’s Current Ratio is 8.31. On the other hand, the Quick Ratio is 8.31, and the Cash Ratio is 2.25.
Transactions by insiders
Recent insider trading involved Fletcher Aaron G.L., 10% Owner, that happened on May 24 ’24 when 20000.0 shares were sold. 10% Owner, Fletcher Aaron G.L. completed a deal on May 23 ’24 to sell 10000.0 shares. Meanwhile, 10% Owner Fletcher Aaron G.L. sold 74297.0 shares on Feb 28 ’24.
