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Viking Therapeutics Inc (NASDAQ: VKTX) closed the day trading at $52.94 down -2.88% from the previous closing price of $54.51. In other words, the price has decreased by -$2.88 from its previous closing price. On the day, 1.54 million shares were traded. VKTX stock price reached its highest trading level at $54.54 during the session, while it also had its lowest trading level at $52.8.
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.
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, B. Riley Securities on November 22, 2024, initiated with a Buy rating and assigned the stock a target price of $109.
On November 04, 2024, H.C. Wainwright reiterated its Buy rating and also lowered its target price recommendation from $90 to $102.
On September 11, 2024, JP Morgan started tracking the stock assigning a Overweight rating and target price of $80.JP Morgan initiated its Overweight rating on September 11, 2024, with a $80 target price.
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 6074388480 and an Enterprise Value of 4970236928.
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 $11.55. The 50-Day Moving Average of the stock is -15.61%, while the 200-Day Moving Average is calculated to be -15.75%.
Shares Statistics:
Over the past 3-months, VKTX traded about 4.14M shares per day on average, while over the past 10 days, VKTX traded about 4043430 shares per day. A total of 111.44M shares are outstanding, with a floating share count of 108.05M. Insiders hold about 3.04% of the company’s shares, while institutions hold 73.81% stake in the company. Shares short for VKTX as of 1731628800 were 16993855 with a Short Ratio of 4.10, compared to 1728950400 on 14393785. Therefore, it implies a Short% of Shares Outstanding of 16993855 and a Short% of Float of 20.48.
