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The price of Longeveron Inc (NASDAQ: LGVN) closed at $3.52 in the last session, down -10.89% from day before closing price of $3.95. In other words, the price has decreased by -$10.89 from its previous closing price. On the day, 2.34 million shares were traded. LGVN stock price reached its highest trading level at $3.9 during the session, while it also had its lowest trading level at $3.3601.
Ratios:
We take a closer look at LGVN’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 0.71 and its Current Ratio is at 0.71. In the meantime, Its Debt-to-Equity ratio is 0.62 whereas as Long-Term Debt/Eq ratio is at 0.42.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Apr 11 ’24 when Hare Joshua bought 42,553 shares for $2.35 per share. The transaction valued at 100,000 led to the insider holds 633,280 shares of the business.
Soffer Rock bought 31,915 shares of LGVN for $75,000 on Apr 11 ’24. The Director now owns 208,534 shares after completing the transaction at $2.35 per share. On Apr 11 ’24, another insider, Hashad Mohamed Wa’el Ahmed, who serves as the Chief Executive Officer of the company, bought 10,638 shares for $2.35 each. As a result, the insider paid 24,999 and bolstered with 19,616 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, LGVN now has a Market Capitalization of 33795204 and an Enterprise Value of 21952156. For the stock, the TTM Price-to-Sale (P/S) ratio is 22.81 while its Price-to-Book (P/B) ratio in mrq is 2.91. Its current Enterprise Value per Revenue stands at 22.446 whereas that against EBITDA is -1.13.
Stock Price History:
The Beta on a monthly basis for LGVN is 0.70, which has changed by -0.89737606 over the last 52 weeks, in comparison to a change of 0.24125004 over the same period for the S&P500. Over the past 52 weeks, LGVN has reached a high of $37.50, while it has fallen to a 52-week low of $0.77. The 50-Day Moving Average of the stock is 96.58%, while the 200-Day Moving Average is calculated to be -61.25%.
Shares Statistics:
According to the various share statistics, LGVN traded on average about 9.62M shares per day over the past 3-months and 17376100 shares per day over the past 10 days. A total of 6.35M shares are outstanding, with a floating share count of 4.40M. Insiders hold about 30.62% of the company’s shares, while institutions hold 0.79% stake in the company. Shares short for LGVN as of 1719532800 were 292858 with a Short Ratio of 0.03, compared to 1717113600 on 55050. Therefore, it implies a Short% of Shares Outstanding of 292858 and a Short% of Float of 3.8.
