Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. Longeveron Inc’s current trading price is -90.96% away from its 52-week high, while its distance from the 52-week low is 180.39%. The stock’s price range during this period has varied between $0.77 and $23.90. The company, active in the Healthcare sector, saw a trading volume of around 3.91 million for the day, considerably higher average daily volume of 1.12 million observed over the last three months.
Longeveron Inc’s stock has had a tumultuous market performance. The 1-year high for the company’s stock was $23.90 on 12/07/23, and the lowest price during the same period was recorded at $0.77 on 06/11/24.
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How Financial Performance Impacts Market Capitalization
Longeveron Inc (LGVN) has experienced a quarterly decline of -33.92% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 13.72M and boasts a workforce of 25 employees.
The Role of Moving Averages and Trading Volume in Technical Analysis
Based on Barchart.com data, the company’s moving average over the 100-day period was 2.33, with a change in price of +1.06. Similarly, Longeveron Inc recorded 6,988,374 in trading volume during the last 100 days, posting a change of +97.25%.
How LGVN’s Debt-to-Equity Ratio Affects Financial Health
A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation to its shareholders’ equity. At the time of writing, the total D/E ratio for LGVN stands at 0.12. Similarly, the long-term debt-to-equity ratio is also 0.08.
LGVN Stock Stochastic Average
As of today, the raw stochastic average of Longeveron Inc over the past 50 days is 35.45%. This is a decrease compared to the raw stochastic average of the last 20 days, which was recorded at 54.17%. Additionally, the Stochastic %K and %D values for the company were 68.72% and 73.57%, respectively, over the past 20 days.
LGVN Stock Price Performance Analysis
The stock price’s performance over the year has been unpredictable, resulting in a mix of pessimistic and optimistic outlooks among investors. Year to date metric has recorded a loss of -84.11%.However, over the last six months, we can see a weaker performance of 27.87%. Over the last 30 days, the price of LGVN has fallen by 8.59%. And in the last five days, it has surged by 3.39%.