Leap Therapeutics Inc (NASDAQ: LPTX) is -86.42% lower on its value in year-to-date trading and has touched a low of $0.22 and a high of $4.79 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 LPTX stock was last observed hovering at around $0.38 in the last trading session, with the day’s gains setting it 0.01%.
Currently trading at $0.39, the stock is 0.14% and 2.89% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.16 million and changing 3.66% at the moment leaves the stock -76.70% off its SMA200. LPTX registered -81.50% loss for a year compared to 6-month loss of -86.77%.
The stock witnessed a -5.88% gain in the last 1 month and extending the period to 3 months gives it a -5.93%, and is -10.44% 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 3.76% over the week and 4.01% over the month.
Leap Therapeutics Inc (LPTX) has around 52 employees, a market worth around $16.18M and $0.00M in sales. Distance from 52-week low is 75.62% and -91.85% from its 52-week high. The company has generated returns on investments over the last 12 months (-331.91%).
The EPS is expected to grow by 38.67% this year
The shares outstanding are 41.44M, and float is at 30.74M with Short Float at 5.01%.
The top institutional shareholder in the company is BALYASNY ASSET MANAGEMENT L.P. with over 3.1 million shares valued at $6.08 million. The investor’s holdings represent 7.9238 of the LPTX Shares outstanding. As of 2024-06-30, the second largest holder is SAMSARA BIOCAPITAL, LLC with 2.44 million shares valued at $4.79 million to account for 6.2428 of the shares outstanding. The other top investors are 683 CAPITAL MANAGEMENT, LLC which holds 1.3 million shares representing 3.3229 and valued at over $2.55 million, while ROCK SPRINGS CAPITAL MANAGEMENT LP holds 3.2374 of the shares totaling 1.27 million with a market value of $2.48 million.
