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Longeveron Inc (NASDAQ: LGVN) closed the day trading at $2.04 down -0.97% from the previous closing price of $2.06. In other words, the price has decreased by -$0.97 from its previous closing price. On the day, 0.6 million shares were traded. LGVN stock price reached its highest trading level at $2.1292 during the session, while it also had its lowest trading level at $2.02.
Ratios:
For a better understanding of LGVN, let’s look at its different 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:
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 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 29293380 and an Enterprise Value of 18666336. For the stock, the TTM Price-to-Sale (P/S) ratio is 10.53 while its Price-to-Book (P/B) ratio in mrq is 1.31. Its current Enterprise Value per Revenue stands at 15.188 whereas that against EBITDA is -1.084.
Stock Price History:
Over the past 52 weeks, LGVN has reached a high of $26.70, while it has fallen to a 52-week low of $0.77. The 50-Day Moving Average of the stock is -23.61%, while the 200-Day Moving Average is calculated to be -59.99%.
Shares Statistics:
Over the past 3-months, LGVN traded about 4.66M shares per day on average, while over the past 10 days, LGVN traded about 468470 shares per day. A total of 6.35M shares are outstanding, with a floating share count of 4.56M. Insiders hold about 28.10% of the company’s shares, while institutions hold 5.22% stake in the company. Shares short for LGVN as of 1724976000 were 733478 with a Short Ratio of 0.16, compared to 1722384000 on 1378548. Therefore, it implies a Short% of Shares Outstanding of 733478 and a Short% of Float of 5.88.
