In last trading session, Longeveron Inc (NASDAQ:LGVN) saw 0.49 million shares changing hands with its beta currently measuring 0.30. Company’s recent per share price level of $1.69 trading at -$0.33 or -16.34% at ring of the bell on the day assigns it a market valuation of $4.26M. That closing price of LGVN’s stock is at a discount of -2503.55% from its 52-week high price of $44.00 and is indicating a discount of -8.28% from its 52-week low price of $1.83. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 5.57 million shares which gives us an average trading volume of 929.87K if we extend that period to 3-months.
Longeveron Inc (NASDAQ:LGVN) trade information
Upright in the red during last session for losing -16.34%, in the last five days LGVN remained trading in the red while hitting it’s week-highest on Monday, 04/08/24 when the stock touched $1.69 price level, adding 69.1% to its value on the day. Longeveron Inc’s shares saw a change of -87.57% in year-to-date performance and have moved -23.18% in past 5-day. Longeveron Inc (NASDAQ:LGVN) showed a performance of -64.13% in past 30-days. Number of shares sold short was 28060.0 shares which calculate 0.99 days to cover the short interests.
Longeveron Inc (LGVN) estimates and forecasts
Statistics highlight that Longeveron Inc is scoring comparatively higher than the scores of other players of the relevant industry. The company lost -90.82% of value to its shares in past 6 months, showing an annual growth rate of 16.67% while that of industry is 13.30. Apart from that, the company came raising its revenue forecast for fiscal year 2024.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -25.24% during past 5 years.
LGVN Dividends
Longeveron Inc is more likely to be releasing its next quarterly report in May and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.
Longeveron Inc (NASDAQ:LGVN)’s Major holders
Insiders are in possession of 6.71% of company’s total shares while institution are holding 14.27 percent of that, with stock having share float percentage of 15.30%. Investors also watch the number of corporate investors in a company very closely, which is 14.27% institutions for Longeveron Inc that are currently holding shares of the company. Vanguard Group Inc is the top institutional holder at LGVN for having 0.18 million shares of worth $0.62 million. And as of Jun 29, 2023, it was holding 2.92% of the company’s outstanding shares.
The second largest institutional holder is Blackrock Inc., which was holding about 0.11 million shares on Jun 29, 2023. The number of shares represents firm’s hold over 1.78% of outstanding shares, having a total worth of $0.38 million.
On the other hand, Vanguard Total Stock Market Index Fund and Vanguard Extended Market Index Fund are the top two Mutual Funds which own company’s shares. As of Jun 29, 2023, the former fund manager was holding 0.12 million shares of worth $0.4 million or 1.87% of the total outstanding shares. The later fund manager was in possession of 65090.0 shares on Jun 29, 2023, making its stake of worth around $0.22 million in the company or a holder of 1.03% of company’s stock.
