What Is The Performance Outlook For Longeveron Inc (NASDAQ: LGVN) In The Coming Months?

In the last trading session, 9.48 million Longeveron Inc (NASDAQ:LGVN) shares changed hands as the company’s beta touched 0.28. With the company’s per share price at $3.53 changed hands at $0.6 or 20.48% during last session, the market valuation stood at $11.47M. LGVN’s last price was a discount, traded about -1146.46% off its 52-week high of $44.00. The share price had its 52-week low at $1.62, which suggests the last value was 54.11% up since then. When we look at Longeveron Inc’s average trading volume, we note the 3-month average coming to 1.83 million.

Longeveron Inc (NASDAQ:LGVN) trade information

Instantly LGVN was in green as seen at the end of in last trading. With action 64.95%, the performance over the past five days has been green. The jump to weekly highs of 4.25 added 20.48% to the stock’s daily price. The company’s shares are showing year-to-date downside of -74.04%, with the 5-day performance at 64.95% in the green. However, in the 30-day time frame, Longeveron Inc (NASDAQ:LGVN) is -21.56% down.

Longeveron Inc (LGVN) estimates and forecasts

Data shows that the Longeveron Inc share is performing relatively much better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot -79.83% over the past 6 months, a 16.67% in annual growth rate that is considerably higher than the industry average of 13.10%.

Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -25.24%. The 2024 estimates are for Longeveron Inc earnings to increase by 31.37%.