Beyond market averages, investors seeking exceptional growth focus on the art of stock selection. The right picks can significantly contribute to the expansion of your wealth.
In the latest session, Leap Therapeutics Inc (NASDAQ: LPTX) closed at $2.55 down -1.16% from its previous closing price of $2.58. In other words, the price has decreased by -$1.16 from its previous closing price. On the day, 0.68 million shares were traded. LPTX stock price reached its highest trading level at $2.65 during the session, while it also had its lowest trading level at $2.4.
Ratios:
For a deeper understanding of Leap Therapeutics Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 3.97 and its Current Ratio is at 3.97. In the meantime, Its Debt-to-Equity ratio is 0.01 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 this company, Rodman & Renshaw on June 28, 2024, initiated with a Buy rating and assigned the stock a target price of $8.
On October 04, 2021, Mizuho started tracking the stock assigning a Buy rating and target price of $6.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, LPTX now has a Market Capitalization of 97710640 and an Enterprise Value of 32587300.
Stock Price History:
The Beta on a monthly basis for LPTX is 0.22, which has changed by -0.16118419 over the last 52 weeks, in comparison to a change of 0.23631513 over the same period for the S&P500. Over the past 52 weeks, LPTX has reached a high of $4.79, while it has fallen to a 52-week low of $1.68. The 50-Day Moving Average of the stock is -15.46%, while the 200-Day Moving Average is calculated to be -5.78%.
Shares Statistics:
For the past three months, LPTX has traded an average of 419.12K shares per day and 441730 over the past ten days. A total of 38.26M shares are outstanding, with a floating share count of 28.57M. Insiders hold about 25.44% of the company’s shares, while institutions hold 31.99% stake in the company. Shares short for LPTX as of 1730332800 were 1008422 with a Short Ratio of 5.22, compared to 1727654400 on 899103. Therefore, it implies a Short% of Shares Outstanding of 1008422 and a Short% of Float of 3.1300000000000003.
