Longeveron Inc (NASDAQ: LGVN) is -75.96% lower on its value in year-to-date trading and has touched a low of $0.77 and a high of $35.60 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 LGVN stock was last observed hovering at around $3.47 in the last trading session, with the day’s loss setting it -0.2%.
Currently trading at $3.27, the stock is 6.38% and 52.73% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.11 million and changing -5.76% at the moment leaves the stock -60.03% off its SMA200. LGVN registered -90.18% loss for a year compared to 6-month loss of -51.30%.
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The stock witnessed a 103.11% gain in the last 1 month and extending the period to 3 months gives it a 93.49%, and is 12.37% up 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 18.49% over the week and 20.71% over the month.
Longeveron Inc (LGVN) has around 25 employees, a market worth around $20.76M and $0.98M in sales. Profit margin for the company is -2210.84%. Distance from 52-week low is 324.29% and -90.81% from its 52-week high. The company has generated returns on investments over the last 12 months (-498.66%).
The EPS is expected to grow by 69.41% this year.
Longeveron Inc (LGVN) Top Institutional Holders
The shares outstanding are 6.35M, and float is at 4.40M with Short Float at 49.91%.
Longeveron Inc (LGVN) Insider Activity
The most recent transaction is an insider purchase by Hare Joshua,the company’sChief Scientific Officer. SEC filings show that Hare Joshua bought 42,553 shares of the company’s common stock on Apr 11 ’24 at a price of $2.35 per share for a total of $100000.0. Following the purchase, the insider now owns 0.63 million shares.
Longeveron Inc disclosed in a document filed with the SEC on Apr 11 ’24 that Soffer Rock (Director) bought a total of 31,915 shares of the company’s common stock. The trade occurred on Apr 11 ’24 and was made at $2.35 per share for $75000.0. Following the transaction, the insider now directly holds 0.21 million shares of the LGVN stock.
Still, SEC filings show that on Apr 11 ’24, Hashad Mohamed Wa’el Ahmed (Chief Executive Officer) acquired 10,638 shares at an average price of $2.35 for $24999.0. The insider now directly holds 19,616 shares of Longeveron Inc (LGVN).
