How To Know If Viking Therapeutics Inc (NASDAQ:VKTX) Is Expensive At $52.50.

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In recent trading session, Viking Therapeutics Inc (NASDAQ:VKTX) saw 0.88 million shares changing hands at last check today with its beta currently measuring 1.03. Company’s recent per share price level of $52.50 trading at $0.04 or 0.08% at last check today assigns it a market valuation of $5.79B. That most recent trading price of VKTX’s stock is at a discount of -89.35% from its 52-week high price of $99.41 and is indicating a premium of 84.23% from its 52-week low price of $8.28. Taking a look at company’s average trading volume volume of 3.66 million if we extend that period to 3-months.

Viking Therapeutics Inc (NASDAQ:VKTX) trade information

Upright in the green today for gaining 0.08%, in the last five days VKTX remained trading in the red while hitting it’s week-highest on Monday, 06/10/24 when the stock touched $52.50 price level, adding 8.39% to its value on the day. Viking Therapeutics Inc’s shares saw a change of 182.11% in year-to-date performance and have moved -4.56% in past 5-day. Viking Therapeutics Inc (NASDAQ:VKTX) showed a performance of -27.59% in past 30-days.

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Viking Therapeutics Inc (VKTX) estimates and forecasts

Statistics highlight that Viking Therapeutics Inc is scoring comparatively lower than the scores of other players of the relevant industry. The company added 186.26% of value to its shares in past 6 months, showing an annual growth rate of -18.68% while that of industry is 15.50. Apart from that, the company came lowering 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 -18.89% during past 5 years. In 2024, company’s earnings growth rate is likely to be around -22.88% while estimates for its earnings growth in next 5 years are of 40.00%.

VKTX Dividends

Viking Therapeutics Inc is more likely to be releasing its next quarterly report in July 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.