Liquidia Corporation (NASDAQ: LQDA) is -1.02% lower on its value in year-to-date trading and has touched a low of $2.53 and a high of $12.10 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The LQDA stock was last observed hovering at around $2.93 in the last trading session, with the day’s loss setting it -0.01% off its average median price target of $5.00 for the next 12 months. It is also 51.33% off the consensus price target high of $6.00 offered by 4 analysts, but current levels are 27.0% higher than the price target low of $4.00 for the same period.
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Currently trading at $2.92, the stock is -9.27% and -4.47% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.23 million and changing -0.34% at the moment leaves the stock -42.92% off its SMA200. LQDA registered -29.81% loss for a year compared to 6-month loss of -42.29%. The firm has a 50-day simple moving average (SMA 50) of $3.1055 and a 200-day simple moving average (SMA200) of $3.8543.
The stock witnessed a 6.57% gain in the last 1 month and extending the period to 3 months gives it a -3.63%, and is -6.71% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 11.62% over the week and 10.84% over the month.
Liquidia Corporation (LQDA) has around 64 employees, a market worth around $137.77M and $0.00M in sales. Distance from 52-week low is 15.42% and -75.87% from its 52-week high. The company has generated returns on investments over the last 12 months (-88.30%).
Liquidia Corporation (LQDA) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for Liquidia Corporation (LQDA) is a “Overweight”. 4 analysts offering their recommendations for the stock have an average rating of 2.20, where 1 rate it as a Hold and 0 think it is a “Overweight”. 3 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
Liquidia Corporation quarterly earnings per share for the current quarter are estimated at -$0.37.The EPS is expected to grow by 24.60% this year.
Liquidia Corporation (LQDA) Top Institutional Holders
89 institutions hold shares in Liquidia Corporation (LQDA), with 6.96M shares held by insiders accounting for 18.44% while institutional investors hold 53.55% of the company’s shares. The shares outstanding are 37.76M, and float is at 28.44M with Short Float at 3.39%. Institutions hold 43.67% of the Float.
The top institutional shareholder in the company is NEA Management Company, LLC with over 2.49 million shares valued at $7.33 million. The investor’s holdings represent 5.74% of the LQDA Shares outstanding. As of Dec 30, 2020, the second largest holder is Blackrock Inc. with 2.14 million shares valued at $6.31 million to account for 4.93% of the shares outstanding. The other top investors are Vanguard Group, Inc. (The) which holds 1.15 million shares representing 2.64% and valued at over $3.38 million, while Ikarian Capital, LLC holds 2.20% of the shares totaling 0.95 million with a market value of $2.81 million.
Liquidia Corporation (LQDA) Insider Activity
The most recent transaction is an insider sale by Eshelman Ventures, LLC, the company’s 10% Owner. SEC filings show that Eshelman Ventures, LLC sold 1,762,162 shares of the company’s common stock on Jan 26 at a price of $3.12 per share for a total of $5.5 million. Following the sale, the insider now owns 2.6 million shares.
Liquidia Corporation disclosed in a document filed with the SEC on Jan 25 that Eshelman Ventures, LLC (10% Owner) sold a total of 719,287 shares of the company’s common stock. The trade occurred on Jan 25 and was made at $2.97 per share for $2.14 million. Following the transaction, the insider now directly holds 4.36 million shares of the LQDA stock.
Still, SEC filings show that on Jan 22, Eshelman Ventures, LLC (10% Owner) disposed off 500,000 shares at an average price of $2.95 for $1.47 million. The insider now directly holds 5,082,659 shares of Liquidia Corporation (LQDA).