The stock of Longeveron Inc (LGVN) has seen a -14.92% decrease in the past week, with a -31.56% drop in the past month, and a -70.13% decrease in the past quarter. The volatility ratio for the week is 7.58%, and the volatility levels for the past 30 days are at 17.77% for LGVN. The simple moving average for the last 20 days is -20.50% for LGVN’s stock, with a simple moving average of -89.63% for the last 200 days.
Is It Worth Investing in Longeveron Inc (NASDAQ: LGVN) Right Now?
Company’s 36-month beta value is 0.46.Analysts have differing opinions on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for LGVN is 0.97M, and currently, short sellers hold a 9.39% ratio of that floaft. The average trading volume of LGVN on May 10, 2024 was 2.16M shares.
LGVN) stock’s latest price update
Longeveron Inc (NASDAQ: LGVN)’s stock price has gone decline by -7.23 in comparison to its previous close of 1.66, however, the company has experienced a -14.92% decrease in its stock price over the last five trading days. GlobeNewsWire reported 2024-05-02 that MIAMI, May 02, 2024 (GLOBE NEWSWIRE) — Longeveron Inc. (NASDAQ: LGVN), a clinical stage biotechnology company developing regenerative medicines, today announced that it will report first quarter 2024 financial results and provide a business update on Tuesday, May 14, 2024 after the U.S. financial markets close. The Company will host a conference call and webcast the same day at 5:00 p.m.
LGVN Trading at -51.16% from the 50-Day Moving Average
After a stumble in the market that brought LGVN to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -96.50% of loss for the given period.
Volatility was left at 17.77%, however, over the last 30 days, the volatility rate increased by 7.58%, as shares sank -23.76% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -71.71% lower at present.
During the last 5 trading sessions, LGVN fell by -14.92%, which changed the moving average for the period of 200-days by -95.22% in comparison to the 20-day moving average, which settled at $1.9130. In addition, Longeveron Inc saw -88.68% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at LGVN starting from Hare Joshua, who purchase 42,553 shares at the price of $2.35 back on Apr 11 ’24. After this action, Hare Joshua now owns 633,280 shares of Longeveron Inc, valued at $100,000 using the latest closing price.
Soffer Rock, the Director of Longeveron Inc, purchase 31,915 shares at $2.35 during a trade that took place back on Apr 11 ’24, which means that Soffer Rock is holding 208,534 shares at $75,000 based on the most recent closing price.
Stock Fundamentals for LGVN
Current profitability levels for the company are sitting at:
- -29.66 for the present operating margin
- -0.02 for the gross margin
The net margin for Longeveron Inc stands at -31.23. The total capital return value is set at -2.54. Equity return is now at value -156.05, with -107.90 for asset returns.
Based on Longeveron Inc (LGVN), the company’s capital structure generated 0.23 points at debt to capital in total, while cash flow to debt ratio is standing at -9.31.
Currently, EBITDA for the company is -20.08 million with net debt to EBITDA at 0.14. When we switch over and look at the enterprise to sales, we see a ratio of 9.64. The receivables turnover for the company is 6.39for trailing twelve months and the total asset turnover is 0.06. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.50.
Conclusion
In a nutshell, Longeveron Inc (LGVN) has experienced a bad 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.
