Company’s 36-month beta value is 0.41.Analysts have differing opinions on the stock, with 2 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for LGVN is 4.61M, and currently, short sellers hold a 22.40% ratio of that floaft. The average trading volume of LGVN on September 02, 2024 was 10.63M shares.
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LGVN) stock’s latest price update
The stock price of Longeveron Inc (NASDAQ: LGVN) has dropped by -2.39 compared to previous close of 2.09. Despite this, the company has seen a fall of -20.62% in its stock price over the last five trading days. globenewswire.com reported 2024-08-26 that MIAMI, Aug. 26, 2024 (GLOBE NEWSWIRE) — Longeveron Inc. (NASDAQ: LGVN), a clinical stage regenerative medicine biotechnology company developing cellular therapies for life-threatening and chronic aging-related conditions, today announced that it will participate in the H.C. Wainwright 26th Annual Global Investment Conference taking place September 9-11, 2024 in New York City.
LGVN’s Market Performance
Longeveron Inc (LGVN) has experienced a -20.62% fall in stock performance for the past week, with a -32.89% drop in the past month, and a 85.45% rise in the past quarter. The volatility ratio for the week is 9.00%, and the volatility levels for the past 30 days are at 9.39% for LGVN. The simple moving average for the past 20 days is -18.17% for LGVN’s stock, with a -67.52% simple moving average for the past 200 days.
LGVN Trading at -24.01% 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 -94.27% of loss for the given period.
Volatility was left at 9.39%, however, over the last 30 days, the volatility rate increased by 9.00%, as shares sank -29.41% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -16.73% lower at present.
During the last 5 trading sessions, LGVN fell by -20.62%, which changed the moving average for the period of 200-days by -88.67% in comparison to the 20-day moving average, which settled at $2.45. In addition, Longeveron Inc saw -85.00% 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 106,383 shares at the price of $2.35 back on Apr 10 ’24. After this action, Hare Joshua now owns 590,727 shares of Longeveron Inc, valued at $250,000 using the latest closing price.
Hare Joshua, the Chief Scientific Officer of Longeveron Inc, purchase 42,553 shares at $2.35 during a trade that took place back on Apr 11 ’24, which means that Hare Joshua is holding 633,280 shares at $100,000 based on the most recent closing price.
Stock Fundamentals for LGVN
Current profitability levels for the company are sitting at:
- -14.8 for the present operating margin
- 0.01 for the gross margin
The net margin for Longeveron Inc stands at -15.79. The total capital return value is set at -1.12. Equity return is now at value -141.62, with -101.71 for asset returns.
Based on Longeveron Inc (LGVN), the company’s capital structure generated 0.1 points at debt to capital in total, while cash flow to debt ratio is standing at -9.27. The debt to equity ratio resting at 0.12. The interest coverage ratio of the stock is -263.64.
Currently, EBITDA for the company is -20.08 million with net debt to EBITDA at 0.61. When we switch over and look at the enterprise to sales, we see a ratio of 15.19. The receivables turnover for the company is 5.64for 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 4.18.
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.
