Viking Therapeutics Inc (VKTX) concluded trading on Thursday at a closing price of $64.67, with 2.38 million shares of worth about $154.08 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 503.26% during that period and on April 18, 2024 the price saw a loss of about -2.71%. Currently the company’s common shares owned by public are about 109.36M shares, out of which, 100.41M shares are available for trading.
Stock saw a price change of -8.75% in past 5 days and over the past one month there was a price change of -0.78%. Year-to-date (YTD), VKTX shares are showing a performance of 247.50% which increased to 217.32% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $8.28 but also hit the highest price of $99.41 during that period. The average intraday trading volume for Viking Therapeutics Inc shares is 6.46 million. The stock is currently trading -12.20% below its 20-day simple moving average (SMA20), while that difference is up 2.86% for SMA50 and it goes to 140.15% higher than SMA200.
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Viking Therapeutics Inc (NASDAQ: VKTX) currently have 109.36M outstanding shares and institutions hold larger chunk of about 69.71% of that.
The stock has a current market capitalization of $7.07B and its 3Y-monthly beta is at 1.17. It has posted earnings per share of -$0.91 in the same period. It has Quick Ratio of 19.19 while making debt-to-equity ratio of 0.00. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for VKTX, volatility over the week remained 4.36% while standing at 6.40% over the month.
Analysts are in expectations that Viking Therapeutics Inc (VKTX) stock would likely to be making an EPS of $Viking Therapeutics, Inc. in the current quarter, while forecast for next quarter EPS is $64.67 and it is $Stocks for next year. For the current quarter EPS, analysts have given the company a lowest target $MarketAxess Holdings, Inc. which is $Nkarta, Inc. at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of $Veritex Holdings, Inc. in the same quarter a year ago. Stock’s fiscal year EPS is expected to drop by -23.49% while it is estimated to decrease by -34.95% in next year. EPS is likely to grow at an annualized rate of 40.00% for next 5-years, compared to annual growth of -18.89% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Oppenheimer on March 26, 2024 offering an Outperform rating for the stock and assigned a target price range of between $116 and $138 to it. Coverage by Jefferies stated Viking Therapeutics Inc (VKTX) stock as a Buy in their note to investors on March 07, 2024, suggesting a price target of $110 for the stock. On February 28, 2024, Oppenheimer Reiterated their recommendations, while on May 31, 2023, ROTH MKM Resumed their ratings for the stock with a price target of $32. Stock get a Buy rating from Maxim Group on March 28, 2023.
