Liquidia Corp (NASDAQ:LQDA) price closed lower on Friday, April 12, dropping -9.00% below its previous close.
A look at the daily price movement shows that the last close reads $15.33. The company’s 5Y monthly beta was ticking 0.19. Taking into account the 52-week price action we note that the stock hit a 52-week high of $16.99 and 52-week low of $5.71. The stock subtracted -5.30% on its value in the past month.
Liquidia Corp, which has a market valuation of $1.06 billion, is expected to release its quarterly earnings report May 02, 2024 – May 06, 2024.
Revisions to the company’s EPS highlights a short term direction of a stock’s price movement, which in the last 7 days came up with no upward and no downward reviews. On the technical perspective front, indicators give LQDA a short term outlook of 50% Buy on average. Looking at the stock’s medium term indicators we note that it is averaging as a 50% Buy, while an average of long term indicators are currently assigning the stock as 100% Buy.
The overview shows that LQDA’s price is at present -10.00% off the SMA20 and -5.09% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 40.96, with weekly volatility standing at 5.95%. The indicator jumps to 5.65% when calculated based on the past 30 days. Liquidia Corp (NASDAQ:LQDA)’s beta value is holding at 0.19, while the average true range (ATR) indicator is currently reading 0.82. An analysis of the Liquidia Corp (NASDAQ:LQDA) stock in terms of its daily trading volume indicates that the 3-month average is 921.32K.
Current records show that the company has 68.63M in outstanding shares. The insiders’ percentage holdings are 26.75% of outstanding shares while the percentage share held by institutions stands at 47.14%. But the 15.96% upside, the stock’s price has registered year-to-date as of last trading, will likely reignite investor interest given the prospect of it rallying even higher.
