After A 18.70% Jump This Year Is Leap Therapeutics Inc (NASDAQ:LPTX) A Better Buy Than Others?

In last trading session, Leap Therapeutics Inc (NASDAQ:LPTX) saw 0.38 million shares changing hands with its beta currently measuring 0.18. Company’s recent per share price level of $2.92 trading at $0.27 or 10.19% at ring of the bell on the day assigns it a market valuation of $111.89M. That closing price of LPTX’s stock is at a discount of -71.23% from its 52-week high price of $5.00 and is indicating a premium of 42.47% from its 52-week low price of $1.68. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.32 million shares which gives us an average trading volume of 267.31K if we extend that period to 3-months.

For Leap Therapeutics Inc (LPTX), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.40. Splitting up the data highlights that, out of 3 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 3 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -0.38 in the current quarter.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Leap Therapeutics Inc (NASDAQ:LPTX) trade information

Upright in the green during last session for gaining 10.19%, in the last five days LPTX remained trading in the green while hitting it’s week-highest on Wednesday, 11/27/24 when the stock touched $2.92 price level, adding 4.58% to its value on the day. Leap Therapeutics Inc’s shares saw a change of -29.55% in year-to-date performance and have moved 12.74% in past 5-day. Leap Therapeutics Inc (NASDAQ:LPTX) showed a performance of -36.66% in past 30-days. Number of shares sold short was 1.01 million shares which calculate 2.68 days to cover the short interests.

Wall Street analysts have assigned a consensus price target of 5.5 to the stock, which implies a rise of 46.91% to its current value. Analysts have been projecting 5.5 as a low price target for the stock while placing it at a high target of 5.5. It follows that stock’s current price would drop -88.36% in reaching the projected high whereas dropping to the targeted low would mean a loss of -88.36% for stock’s current value.

Leap Therapeutics Inc (LPTX) estimates and forecasts

Statistics highlight that Leap Therapeutics Inc is scoring comparatively higher than the scores of other players of the relevant industry. The company added 23.73% of value to its shares in past 6 months, showing an annual growth rate of 53.77% while that of industry is 17.60. 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 28.36% during past 5 years. In 2024, company’s earnings growth rate is likely to be around 53.42% while estimates for its earnings growth in next 5 years are of -2.49%.

Leap Therapeutics Inc (NASDAQ:LPTX)’s Major holders

Insiders are in possession of 17.29% of company’s total shares while institution are holding 40.30 percent of that, with stock having share float percentage of 48.73%. Investors also watch the number of corporate investors in a company very closely, which is 40.30% institutions for Leap Therapeutics Inc that are currently holding shares of the company.