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Viking Therapeutics Inc (NASDAQ: VKTX) closed the day trading at $38.28 down -18.03% from the previous closing price of $46.70. In other words, the price has decreased by -$18.03 from its previous closing price. On the day, 13.0 million shares were traded. VKTX stock price reached its highest trading level at $43.5399 during the session, while it also had its lowest trading level at $37.8.
Ratios:
For a better understanding of VKTX, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 36.47 and its Current Ratio is at 36.47. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
On November 22, 2024, B. Riley Securities started tracking the stock assigning a Buy rating and target price of $109.
H.C. Wainwright reiterated its Buy rating for the stock on November 04, 2024, while the target price for the stock was revised from $90 to $102.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Nov 08 ’24 when MACARTNEY LAWSON sold 2,000 shares for $68.67 per share. The transaction valued at 137,333 led to the insider holds 47,965 shares of the business.
LAWSON MACARTNEY bought 2,000 shares of VKTX for $137,333 on Nov 08 ’24. On Oct 28 ’24, another insider, ZANTE GREG, who serves as the Chief Financial Officer of the company, sold 131,687 shares for $76.61 each. As a result, the insider received 10,089,164 and left with 149,366 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 4265769984 and an Enterprise Value of 3336579840.
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 $17.23. The 50-Day Moving Average of the stock is -34.71%, while the 200-Day Moving Average is calculated to be -38.38%.
Shares Statistics:
Over the past 3-months, VKTX traded about 4.06M shares per day on average, while over the past 10 days, VKTX traded about 2430380 shares per day. A total of 111.43M shares are outstanding, with a floating share count of 108.05M. Insiders hold about 3.04% of the company’s shares, while institutions hold 73.78% stake in the company. Shares short for VKTX as of 1732838400 were 18071399 with a Short Ratio of 4.45, compared to 1730332800 on 13280561. Therefore, it implies a Short% of Shares Outstanding of 18071399 and a Short% of Float of 21.78.
