Longeveron Inc [NASDAQ: LGVN] gained 0.87% or 0.03 points to close at $3.47 with a heavy trading volume of 27387131 shares.
The daily chart for LGVN points out that the company has recorded -56.62% loss over the past six months.
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If we look at the average trading volume of 10.26M shares, LGVN reached to a volume of 27387131 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about Longeveron Inc [LGVN]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for LGVN shares is $10.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on LGVN stock is a recommendation set at 1.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
The Average True Range (ATR) for Longeveron Inc is set at 0.64, with the Price to Sales ratio for LGVN stock in the period of the last 12 months amounting to 22.48. The Price to Book ratio for the last quarter was 2.87, with the Price to Cash per share for the same quarter was set at 0.36.
Trading performance analysis for LGVN stock
Longeveron Inc [LGVN] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 10.51. With this latest performance, LGVN shares gained by 106.55% in over the last four-week period, additionally sinking by -56.62% over the last 6 months – not to mention a drop of -89.64% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for LGVN stock in for the last two-week period is set at 57.28, with the RSI for the last a single of trading hit 57.07, and the three-weeks RSI is set at 56.81 for Longeveron Inc [LGVN]. The present Moving Average for the last 50 days of trading for this stock 2.14, while it was recorded at 3.21 for the last single week of trading, and 8.18 for the last 200 days.
Longeveron Inc [LGVN]: A deeper dive into fundamental analysis
Longeveron Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.71 and a Current Ratio set at 0.71.
An analysis of Institutional ownership at Longeveron Inc [LGVN]
The top three institutional holders of LGVN stocks are: VANGUARD GROUP INC with ownership of 1.32 billion shares, which is approximately 8.5034%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $178.43 billion in LGVN stocks shares; and BERKSHIRE HATHAWAY INC, currently with $135.36 billion in LGVN stock with ownership which is approximately 5.1238%.
