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 -56.06% away from its 52-week high, while its distance from the 52-week low is 11.40%. The stock’s price range during this period has varied between $1.14 and $2.89. The company, active in the Healthcare sector, saw a trading volume of around 0.5 million for the day, considerably higher average daily volume of 0.36 million observed over the last three months.
Longeveron Inc (LGVN) has a current stock price of $1.27. During the previous trading session, the stock witnessed a notable rise, reaching a high of $10.0 after opening at $1.27. The stock’s low for the day was $6.0, and it eventually closed at $1.5.
Longeveron Inc’s stock market performance has been somewhat irregular.
How Financial Performance Impacts Market Capitalization
Longeveron Inc (LGVN) has experienced a quarterly decline of -14.77% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 19.28M and boasts a workforce of 26 employees.
Decoding Analysts’ Ratings for Longeveron Inc
As of right now, 1 analyst is rating Longeveron Inc as a BUY, 2 of the polled analysts branded the stock as an OVERWEIGHT, 0 analyst is recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 analyst is rating the stock as SELL.
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 1.4616, with a change in price of -0.4200. Similarly, Longeveron Inc recorded 281,995 in trading volume during the last 100 days, posting a change of -24.85%.
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 0.08. Similarly, the long-term debt-to-equity ratio is also 0.04.
LGVN Stock Stochastic Average
As of today, the raw stochastic average of Longeveron Inc over the last 50 days is at 19.70%. This shows a increasee from the raw stochastic average of the previous 20 days, which was recorded at 1.85%. Further, the company’s Stochastic %K and %D values for the last 20 days were 24.76% and 46.60%, respectively.
LGVN Stock Price Performance Analysis
Investors’ outlook regarding the stock price performance over the year has been a mixed bag, with a range of optimism to pessimism depending on their perspective. The index has shown a price loss of -52.08% this year. Over the last six months, there has been a stronger performance of -18.06%. The price of LGVN leaped by -15.33% during the last 30 days period. For the last 5-days stocks have slided -21.60%.
