In today’s recent session, 92.34 million shares of the Leap Therapeutics Inc (NASDAQ:LPTX) have been traded, and its beta is 0.09. Most recently the company’s share price was $0.41, and it changed around $0.02 or 6.34% from the last close, which brings the market valuation of the company to $15.81M. LPTX at last check was trading at a discount to its 52-week high of $4.79, offering almost -1068.29% off that amount. The share price’s 52-week low was $0.39, which indicates that the recent value has risen by an impressive 4.88% since then. We note from Leap Therapeutics Inc’s average daily trading volume that its 10-day average is 0.27 million shares, with the 3-month average coming to 756.73K.
Leap Therapeutics Inc stock received a consensus recommendation rating of Hold, based on a mean score of 2.00. If we narrow it down even further, the data shows that 0 out of 2 analysts rate the stock as a Sell; another 1 rate it as Overweight. Among the rest, 1 recommended LPTX as a Hold, whereas 0 deemed it a Buy, and 0 rated it as Underweight. Leap Therapeutics Inc is expected to report earnings per share of -0.34 for the current quarter.
Leap Therapeutics Inc (NASDAQ:LPTX) trade information
Instantly LPTX has been showing a green trend so far today with a performance of 6.34% on intraday trading today. The performance over the last five days has remained in the red territory. The rise to weekly highs of 0.6500 on recent trading dayincreased the stock’s daily price by 36.92%. The company’s shares are currently down -85.65% year-to-date, but still down -0.58% over the last five days. On the other hand, Leap Therapeutics Inc (NASDAQ:LPTX) is -14.58% down in the 30-day period. We can see from the shorts that 1.54 million shares have been sold at a short interest cover period of 5.01 day(s).
The consensus price target as assigned by Wall Street analysts is $5.5, which translates to bulls needing to increase their stock price by 92.55% from its current value. Analyst projections state that LPTX is forecast to be at a low of $5.5 and a high of $5.5.
Leap Therapeutics Inc (LPTX) estimates and forecasts
Forecasts for the next quarter put sales growth at 0.00%. Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 28.36%. Leap Therapeutics Inc earnings are expected to increase by 31.77% in 2025, but the outlook is positive 26.46% per year for the next five years.
Leap Therapeutics Inc (NASDAQ:LPTX)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 3.40% of Leap Therapeutics Inc shares, and 52.30% of them are in the hands of institutional investors. The stock currently has a share float of 54.14%.
Simplify Health Care ETF and Vanguard Total Stock Market Index Fund were the top two Mutual Funds as of Dec 31, 2024. The former held 946.05 shares worth $0.4 million, making up 2.47% of all outstanding shares. On the other hand, Vanguard Total Stock Market Index Fund held roughly 754.74 shares worth around $0.32 million, which represents about 1.97% of the total shares outstanding.
