Liquidia Corp (NASDAQ: LQDA)’s stock price has decreased by -3.09 compared to its previous closing price of 12.95. However, the company has seen a -9.45% decrease in its stock price over the last five trading sessions. GlobeNewsWire reported 2024-04-02 that MORRISVILLE, N.C., April 02, 2024 (GLOBE NEWSWIRE) — Liquidia Corporation (NASDAQ: LQDA) (Liquidia or the Company) announced today that Dr. Roger Jeffs, Chief Executive Officer, and Micheal Kaseta, Chief Operating Officer and Chief Financial Officer, will provide an overview and update on the company’s business during a fireside chat session at the 23rd Annual Needham Virtual Healthcare Conference on Tuesday, April 9, 2024, beginning at 1:30 p.m. Eastern Time.
Is It Worth Investing in Liquidia Corp (NASDAQ: LQDA) Right Now?
Company’s 36-month beta value is 0.23.Analysts have differing opinions on the stock, with 2 analysts rating it as a “buy,” 2 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for LQDA is 55.70M, and currently, short sellers hold a 13.34% ratio of that floaft. The average trading volume of LQDA on April 25, 2024 was 877.27K shares.
LQDA’s Market Performance
LQDA stock saw a decrease of -9.45% in the past week, with a monthly decline of -19.91% and a quarterly a decrease of 4.06%. The volatility ratio for the week is 5.79%, and the volatility levels for the last 30 days are 5.32% for Liquidia Corp (LQDA). The simple moving average for the past 20 days is -13.73% for LQDA’s stock, with a 27.44% simple moving average for the past 200 days.
Analysts’ Opinion of LQDA
Many brokerage firms have already submitted their reports for LQDA stocks, with Needham repeating the rating for LQDA by listing it as a “Buy.” The predicted price for LQDA in the upcoming period, according to Needham is $28 based on the research report published on January 05, 2024 of the current year 2024.
Wedbush, on the other hand, stated in their research note that they expect to see LQDA reach a price target of $3. The rating they have provided for LQDA stocks is “Underperform” according to the report published on September 19th, 2022.
Wedbush gave a rating of “Underperform” to LQDA, setting the target price at $3 in the report published on September 01st of the previous year.
LQDA Trading at -14.29% from the 50-Day Moving Average
After a stumble in the market that brought LQDA to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -26.13% of loss for the given period.
Volatility was left at 5.32%, however, over the last 30 days, the volatility rate increased by 5.79%, as shares sank -21.17% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -16.67% lower at present.
During the last 5 trading sessions, LQDA fell by -9.45%, which changed the moving average for the period of 200-days by +62.78% in comparison to the 20-day moving average, which settled at $14.38. In addition, Liquidia Corp saw 4.32% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at LQDA starting from Saggar Rajeev, who sale 1,649 shares at the price of $13.68 back on Apr 19 ’24. After this action, Saggar Rajeev now owns 211,672 shares of Liquidia Corp, valued at $22,558 using the latest closing price.
JEFFS ROGER, the Chief Executive Officer of Liquidia Corp, sale 8,360 shares at $14.58 during a trade that took place back on Apr 12 ’24, which means that JEFFS ROGER is holding 826,985 shares at $121,889 based on the most recent closing price.
Stock Fundamentals for LQDA
Current profitability levels for the company are sitting at:
- -4.2 for the present operating margin
- 0.82 for the gross margin
The net margin for Liquidia Corp stands at -4.57. The total capital return value is set at -0.72. Equity return is now at value -114.01, with -62.36 for asset returns.
Based on Liquidia Corp (LQDA), the company’s capital structure generated 0.07 points at debt to capital in total, while cash flow to debt ratio is standing at -11.87. The debt to equity ratio resting at 0.07. The interest coverage ratio of the stock is -11.7.
Currently, EBITDA for the company is -71.21 million with net debt to EBITDA at 1.15. When we switch over and look at the enterprise to sales, we see a ratio of 49.98. The receivables turnover for the company is 4.31for trailing twelve months and the total asset turnover is 0.15. The liquidity ratio also appears to be rather interesting for investors as it stands at 4.85.
Conclusion
In a nutshell, Liquidia Corp (LQDA) has experienced a mixed performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
