Why Longeveron Inc (NASDAQ: LGVN) Is Worth A Spot On Your Watchlist

Longeveron Inc (NASDAQ:LGVN)’s traded shares stood at 0.46 million during the last session, with the company’s beta value hitting 0.38. At the close of trading, the stock’s price was $1.85, to imply an increase of 3.35% or $0.06 in intraday trading. The LGVN share’s 52-week high remains $26.60, putting it -1337.84% down since that peak but still an impressive 58.38% since price per share fell to its 52-week low of $0.77. The company has a valuation of $11.75M, with an average of 0.42 million shares in intraday trading volume over the past 10 days and average of 4.51 million shares over the past 3 months.

Longeveron Inc (NASDAQ:LGVN) trade information

After registering a 3.35% upside in the last session, Longeveron Inc (LGVN) has traded red over the past five days. The 5-day price performance for the stock is -7.04%, and -14.35% over 30 days. With these gigs, the year-to-date price performance is -86.40%. Short interest in Longeveron Inc (NASDAQ:LGVN) saw shorts transact 0.73 million shares and set a 0.99 days time to cover.

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The extremes give us $10 and $10 for target low and target high price respectively. As such, LGVN has been trading -440.54% off suggested target high and -440.54% from its likely low.

Longeveron Inc (LGVN) estimates and forecasts

Looking at statistics comparing Longeveron Inc share performance against respective industry, we note that the company has outperformed competitors. Longeveron Inc (LGVN) shares are -15.91% down over the last 6 months, with its year-to-date growth rate higher than industry average at 61.76% against 17.60%.

LGVN Dividends

Longeveron Inc has its next earnings report out on 2024-Aug-14. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.

Longeveron Inc (NASDAQ:LGVN)’s Major holders

Longeveron Inc insiders hold 10.78% of total outstanding shares, with institutional holders owning 2.57% of the shares at 2.88% float percentage. In total, 2.57% institutions holds shares in the company, led by RENAISSANCE TECHNOLOGIES LLC. As of 2024-06-30, the company held over 0.15 million shares (or 5.8363% of shares), all amounting to roughly $0.24 million.

The next major institution holding the largest number of shares is TWO SIGMA INVESTMENTS, LP with 46041.0 shares, or about 1.8317% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $74126.0.