Daily Market Movement: Liquidia Corp (LQDA) Sees a -0.20 Decrease, Closing at 9.93

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The closing price of Liquidia Corp (NASDAQ: LQDA) was $9.93 for the day, down -0.20% from the previous closing price of $9.95. In other words, the price has decreased by -$0.20 from its previous closing price. On the day, 0.85 million shares were traded. LQDA stock price reached its highest trading level at $9.98 during the session, while it also had its lowest trading level at $9.73.

Ratios:

Our analysis of LQDA’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 5.78 and its Current Ratio is at 6.08. In the meantime, Its Debt-to-Equity ratio is 0.05 whereas as Long-Term Debt/Eq ratio is at 0.03.

On August 16, 2024, Raymond James started tracking the stock assigning a Outperform rating and target price of $27.

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 Sep 12 ’24 when Manning Paul B bought 337,078 shares for $8.90 per share. The transaction valued at 2,999,994 led to the insider holds 816,311 shares of the business.

Caligan Partners LP bought 150,000 shares of LQDA for $1,426,500 on Aug 30 ’24. The Director now owns 6,994,997 shares after completing the transaction at $9.51 per share. On Aug 30 ’24, another insider, Caligan Partners LP, who serves as the Director of the company, sold 150,000 shares for $9.51 each. As a result, the insider received 1,426,500 and left with 6,844,997 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, LQDA now has a Market Capitalization of 837873536 and an Enterprise Value of 718337408. For the stock, the TTM Price-to-Sale (P/S) ratio is 55.71 while its Price-to-Book (P/B) ratio in mrq is 12.10. Its current Enterprise Value per Revenue stands at 48.405 whereas that against EBITDA is -7.495.

Stock Price History:

Over the past 52 weeks, LQDA has reached a high of $16.99, while it has fallen to a 52-week low of $5.71. The 50-Day Moving Average of the stock is -8.12%, while the 200-Day Moving Average is calculated to be -20.07%.

Shares Statistics:

LQDA traded an average of 1.25M shares per day over the past three months and 1188250 shares per day over the past ten days. A total of 68.63M shares are outstanding, with a floating share count of 56.08M. Insiders hold about 32.64% of the company’s shares, while institutions hold 45.08% stake in the company. Shares short for LQDA as of 1724976000 were 12255298 with a Short Ratio of 9.80, compared to 1722384000 on 12873698. Therefore, it implies a Short% of Shares Outstanding of 12255298 and a Short% of Float of 25.990000000000002.

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