During the last session, Longeveron Inc (NASDAQ:LGVN)’s traded shares were 0.37 million, with the beta value of the company hitting 0.35. At the end of the trading day, the stock’s price was $2.03, reflecting an intraday loss of -2.87% or -$0.06. The 52-week high for the LGVN share is $23.90, that puts it down -1077.34 from that peak though still a striking 62.07% gain since the share price plummeted to a 52-week low of $0.77. The company’s market capitalization is $29.15M, and the average intraday trading volume over the past 10 days was 0.92 million shares, and the average trade volume was 681.30K shares over the past three months.

Longeveron Inc (NASDAQ:LGVN) trade information

Longeveron Inc (LGVN) registered a -2.87% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -2.87% in intraday trading to $2.03, hitting a weekly high. The stock’s 5-day price performance is -8.14%, and it has moved by 13.41% in 30 days. Based on these gigs, the overall price performance for the year is -90.15%. The short interest in Longeveron Inc (NASDAQ:LGVN) is 0.59 million shares and it means that shorts have 1.46 day(s) to cover.

The consensus price target of analysts on Wall Street is $10, which implies an increase of 79.7% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $10 and $10 respectively. As a result, LGVN is trading at a discount of -392.61% off the target high and -392.61% off the low.

Longeveron Inc (LGVN) estimates and forecasts

Statistics show that Longeveron Inc has outperformed its competitors in share price, compared to the industry in which it operates. Longeveron Inc (LGVN) shares have gone up 16.00% during the last six months, with a year-to-date growth rate more than the industry average at 61.76% against 17.10. Yet analysts are ramping up their growth forecast for the fiscal year 2024. Revenue is predicted to grow 84.30% this quarter and then jump 84.00% in the quarter after that. In the rating firms’ projections, revenue will increase 156.70% compared to the previous financial year.

As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 400k as predicted by 3 analyst(s). Meanwhile, a consensus of 3 analyst(s) estimates revenue growth to 410k by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 150k and 63k respectively. In this case, analysts expect current quarter sales to grow by 166.70% and then jump by 550.80% in the coming quarter.

An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -25.24%. While earnings are projected to return 71.27% in 2024.

LGVN Dividends

Longeveron Inc is due to release its next quarterly earnings on 2024-Aug-14. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

Longeveron Inc (NASDAQ:LGVN)’s Major holders

Longeveron Inc insiders own 10.70% of total outstanding shares while institutional holders control 2.57%, with the float percentage being 2.88%. RENAISSANCE TECHNOLOGIES LLC is the largest shareholder of the company, while 22.0 institutions own stock in it. As of 2024-06-30, the company held over 0.15 million shares (or 5.8363% of all shares), a total value of $0.24 million in shares.

The next largest institutional holding, with 46041.0 shares, is of TWO SIGMA INVESTMENTS, LP’s that is approximately 1.8317% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $74126.0.