Let’s start up with the current stock price of Longeveron Inc. (LGVN), which is $7.54 to be very precise. The Stock rose vividly during the last session to $7.0216 after opening rate of $6.83 while the lowest price it went was recorded $6.5307 before closing at $6.92.
Recently in News on April 13, 2021, Longeveron Announces Positive Results of Phase I Clinical Study of Lomecel-B Cell Therapy for Alzheimer’s Disease. Study meets primary safety endpoint; positive secondary efficacy assessments support potential benefit from Lomecel-B. You can read further details here
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, Longeveron Inc. shares are logging -39.55% during the 52-week period from high price, and 34.35% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $5.61 and $12.48.
The company’s shares, operating in the sector of Healthcare managed to top a trading volume set approximately around 16153293 for the day, which was evidently higher, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the Longeveron Inc. (LGVN) recorded performance in the market was -6.61%. At the time of this writing, the total market value of the company is set at 130.58M, as it employees total of 12 workers.
Analysts verdict on Longeveron Inc. (LGVN)
During the last month, 0 analysts gave the Longeveron Inc. a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 0 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for LGVN is recording 0.25 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.15.
Longeveron Inc. (LGVN): Technical Analysis
In the last 20 days, the company’s Stochastic %K was 52.78% and its Stochastic %D was recorded 39.43%.
Let’s take a glance in the erstwhile performances of Longeveron Inc., multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be encouraging, given the fact the metric is recording -6.61%. The shares increased approximately by 5.81% in the 7-day charts and went up by -18.11% in the period of the last 30 days.