Analytical Lens: Exploring Viking Therapeutics Inc (VKTX)’s Financial Story Through Ratios

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The closing price of Viking Therapeutics Inc (NASDAQ: VKTX) was $55.01 for the day, down -6.57% from the previous closing price of $58.88. In other words, the price has decreased by -$6.57 from its previous closing price. On the day, 3.88 million shares were traded. VKTX stock price reached its highest trading level at $58.4259 during the session, while it also had its lowest trading level at $54.53.


Our analysis of VKTX’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 29.48 and its Current Ratio is at 29.48. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Raymond James on May 16, 2024, Upgraded its rating to Strong Buy and sets its target price to $116 from $115 previously.

On March 26, 2024, Oppenheimer reiterated its Outperform rating and also lowered its target price recommendation from $116 to $138.

On March 07, 2024, Jefferies started tracking the stock assigning a Buy rating and target price of $110.Jefferies initiated its Buy rating on March 07, 2024, with a $110 target price.

Insider Transactions:

Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on May 03 ’24 when ZANTE GREG sold 66,756 shares for $74.69 per share. The transaction valued at 4,986,008 led to the insider holds 174,854 shares of the business.

Mancini Marianna sold 281,425 shares of VKTX for $22,136,474 on May 01 ’24. The Chief Operating Officer now owns 348,508 shares after completing the transaction at $78.66 per share. On Feb 09 ’24, another insider, Lian Brian, who serves as the President & CEO of the company, sold 45,000 shares for $29.90 each. As a result, the insider received 1,345,500 and left with 2,139,882 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, VKTX now has a Market Capitalization of 6489639424 and an Enterprise Value of 5104059392.

Stock Price History:

Over the past 52 weeks, VKTX has reached a high of $99.41, while it has fallen to a 52-week low of $8.28. The 50-Day Moving Average of the stock is -22.35%, while the 200-Day Moving Average is calculated to be 52.10%.

Shares Statistics:

VKTX traded an average of 4.22M shares per day over the past three months and 3557000 shares per day over the past ten days. A total of 110.27M shares are outstanding, with a floating share count of 102.43M. Insiders hold about 7.11% of the company’s shares, while institutions hold 72.77% stake in the company. Shares short for VKTX as of 1715731200 were 12174916 with a Short Ratio of 2.89, compared to 1713139200 on 11147825. Therefore, it implies a Short% of Shares Outstanding of 12174916 and a Short% of Float of 14.879999999999999.

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