Liquidia Corp (NASDAQ: LQDA) is -14.63% lower on its value in year-to-date trading and has touched a low of $5.71 and a high of $16.99 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 $9.91 in the last trading session, with the day’s gains setting it 0.36%.
Currently trading at $10.27, the stock is 7.37% and -5.81% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.06 million and changing 3.63% at the moment leaves the stock -17.15% off its SMA200. LQDA registered 58.49% gain for a year compared to 6-month loss of -35.41%.
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The stock witnessed a 6.98% gain in the last 1 month and extending the period to 3 months gives it a -16.37%, and is 5.66% 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 5.73% over the week and 5.40% over the month.
Liquidia Corp (LQDA) has around 136 employees, a market worth around $854.98M and $14.84M in sales. Profit margin for the company is -755.46%. Distance from 52-week low is 79.86% and -39.55% from its 52-week high. The company has generated returns on investments over the last 12 months (-173.95%).
Liquidia Corp quarterly earnings per share for the current quarter are estimated at -0.38 with sales reaching $4.19M over the same period.The EPS is expected to shrink by -39.76% this year, but quarterly earnings will post -11.70% year-over-year. Quarterly sales are estimated to shrink -3.20% in year-over-year returns.
194.0 institutions hold shares in Liquidia Corp (LQDA), with institutional investors hold 70.40% of the company’s shares. The shares outstanding are 68.63M, and float is at 56.44M with Short Float at 21.71%. Institutions hold 56.67% of the Float.
The top institutional shareholder in the company is CALIGAN PARTNERS LP with over 10.36 million shares valued at $124.33 million. The investor’s holdings represent 13.7424 of the LQDA Shares outstanding. As of 2024-06-30, the second largest holder is PATIENT SQUARE CAPITAL LP with 7.18 million shares valued at $86.19 million to account for 9.5267 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 4.24 million shares representing 5.6248 and valued at over $50.89 million, while VANGUARD GROUP INC holds 4.512 of the shares totaling 3.4 million with a market value of $40.82 million.
Liquidia Corp (LQDA) Insider Activity
The most recent transaction is an insider purchase by Manning Paul B, the company’s Director. SEC filings show that Manning Paul B bought 337,078 shares of the company’s common stock on Sep 12 ’24 at a price of $8.90 per share for a total of $3.0 million. Following the purchase, the insider now owns 0.82 million shares.
Liquidia Corp disclosed in a document filed with the SEC on Aug 30 ’24 that Caligan Partners LP (Director) bought a total of 150,000 shares of the company’s common stock. The trade occurred on Aug 30 ’24 and was made at $9.51 per share for $1.43 million. Following the transaction, the insider now directly holds 6.99 million shares of the LQDA stock.
Still, SEC filings show that on Aug 30 ’24, Caligan Partners LP (Director) disposed off 150,000 shares at an average price of $9.51 for $1.43 million. The insider now directly holds 6,844,997 shares of Liquidia Corp (LQDA).
