Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
After finishing at $2.00 in the prior trading day, Longeveron Inc (NASDAQ: LGVN) closed at $1.88, down -6.00%. In other words, the price has decreased by -$6.00 from its previous closing price. On the day, 0.57 million shares were traded. LGVN stock price reached its highest trading level at $2.0022 during the session, while it also had its lowest trading level at $1.76.
Ratios:
Our goal is to gain a better understanding of LGVN by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 7.67 and its Current Ratio is at 7.67. In the meantime, Its Debt-to-Equity ratio is 0.06 whereas as Long-Term Debt/Eq ratio is at 0.04.
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 Dec 02 ’24 when Baluch Khoso sold 1,250 shares for $2.07 per share. The transaction valued at 2,588 led to the insider holds 23,750 shares of the business.
Baluch Khoso bought 1,250 shares of LGVN for $2,575 on Nov 27 ’24. On Apr 10 ’24, another insider, Hare Joshua, who serves as the Chief Scientific Officer of the company, bought 106,383 shares for $2.35 each. As a result, the insider paid 250,000 and bolstered with 590,727 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 29673544 and an Enterprise Value of 22399800. For the stock, the TTM Price-to-Sale (P/S) ratio is 15.08 while its Price-to-Book (P/B) ratio in mrq is 1.09. Its current Enterprise Value per Revenue stands at 18.226 whereas that against EBITDA is -1.301.
Stock Price History:
Over the past 52 weeks, LGVN has reached a high of $23.90, while it has fallen to a 52-week low of $0.77. The 50-Day Moving Average of the stock is -6.83%, while the 200-Day Moving Average is calculated to be -23.30%.
Shares Statistics:
The stock has traded on average 498.72K shares per day over the past 3-months and 266560 shares per day over the last 10 days, according to various share statistics. A total of 13.35M shares are outstanding, with a floating share count of 4.57M. Insiders hold about 28.07% of the company’s shares, while institutions hold 14.81% stake in the company. Shares short for LGVN as of 1730332800 were 1277023 with a Short Ratio of 2.27, compared to 1727654400 on 749645. Therefore, it implies a Short% of Shares Outstanding of 1277023 and a Short% of Float of 10.24.
