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In the latest session, Longeveron Inc (NASDAQ: LGVN) closed at $2.35 down -4.47% from its previous closing price of $2.46. In other words, the price has decreased by -$4.47 from its previous closing price. On the day, 0.57 million shares were traded. LGVN stock price reached its highest trading level at $2.4678 during the session, while it also had its lowest trading level at $2.3.
Ratios:
For a deeper understanding of Longeveron Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 4.18 and its Current Ratio is at 4.18. In the meantime, Its Debt-to-Equity ratio is 0.12 whereas as Long-Term Debt/Eq ratio is at 0.08.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Apr 10 ’24 when Hare Joshua bought 106,383 shares for $2.35 per share. The transaction valued at 250,000 led to the insider holds 590,727 shares of the business.
Hare Joshua bought 42,553 shares of LGVN for $100,000 on Apr 11 ’24. The Chief Scientific Officer now owns 633,280 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 33744824 and an Enterprise Value of 16174909. For the stock, the TTM Price-to-Sale (P/S) ratio is 12.13 while its Price-to-Book (P/B) ratio in mrq is 1.51. Its current Enterprise Value per Revenue stands at 16.539 whereas that against EBITDA is -0.833.
Stock Price History:
Over the past 52 weeks, LGVN has reached a high of $35.60, while it has fallen to a 52-week low of $0.77. The 50-Day Moving Average of the stock is -8.20%, while the 200-Day Moving Average is calculated to be -67.09%.
Shares Statistics:
For the past three months, LGVN has traded an average of 10.69M shares per day and 863400 over the past ten days. A total of 6.35M shares are outstanding, with a floating share count of 4.68M. Insiders hold about 31.12% of the company’s shares, while institutions hold 5.22% stake in the company. Shares short for LGVN as of 1722384000 were 1378548 with a Short Ratio of 0.13, compared to 1719532800 on 292858. Therefore, it implies a Short% of Shares Outstanding of 1378548 and a Short% of Float of 11.06.
