Viking Therapeutics Inc (VKTX) concluded trading on Wednesday at a closing price of $60.39, with 2.96 million shares of worth about $179.02 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -7.19% during that period and on October 23, 2024 the price saw a loss of about -2.64%. Currently the company’s common shares owned by public are about 110.80M shares, out of which, 103.66M shares are available for trading.
Stock saw a price change of -8.29% in past 5 days and over the past one month there was a price change of -2.49%. Year-to-date (YTD), VKTX shares are showing a performance of 224.50% which increased to 481.79% 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 3.37 million. The stock is currently trading -5.48% below its 20-day simple moving average (SMA20), while that difference is down -3.84% for SMA50 and it goes to 4.14% higher than SMA200.
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Viking Therapeutics Inc (NASDAQ: VKTX) currently have 110.80M outstanding shares and institutions hold larger chunk of about 74.34% of that.
The stock has a current market capitalization of $6.69B and its 3Y-monthly beta is at 1.00. It has posted earnings per share of -$0.94 in the same period. It has Quick Ratio of 37.69 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 3.87% while standing at 4.89% over the month.
Analysts are in expectations that Viking Therapeutics Inc (VKTX) stock would likely to be making an EPS of -0.25 in the current quarter, while forecast for next quarter EPS is -0.28 and it is -1.51 for next year. For the current quarter EPS, analysts have given the company a lowest target -0.32 which is -0.21 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 -0.23 in the same quarter a year ago. Stock’s fiscal year EPS is expected to drop by -9.61% while it is estimated to decrease by -50.87% 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 JP Morgan on September 11, 2024 offering an Overweight rating for the stock and assigned a target price of $80 to it. Coverage by Morgan Stanley stated Viking Therapeutics Inc (VKTX) stock as an Overweight in their note to investors on June 27, 2024, suggesting a price target of $105 for the stock. On May 16, 2024, Raymond James Upgrade their recommendations, while on March 26, 2024, Oppenheimer Reiterated their ratings for the stock with a price target of $138. Stock get a Buy rating from Jefferies on March 07, 2024.
