With 1.34 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.07 million shares. The 52-week range on LQDA shows that it touched its highest point at $16.81 and its lowest point at $8.26 during that stretch. It currently has a 1-year price target of $27.00. Beta for the stock currently stands at 0.02.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of LQDA was up-trending over the past week, with a rise of 14.99%, but this was up by 20.43% over a month. Three-month performance surged to 2.54% while six-month performance rose 43.18%. The stock gained 19.68% in the past year, while it has gained 32.10% so far this year. A look at the trailing 12-month EPS for LQDA yields -1.66 with Next year EPS estimates of -0.38. For the next quarter, that number is -0.40. This implies an EPS growth rate of 5.28% for this year and 75.71% for next year.
Float and Shares Shorts:
At present, 84.68 million LQDA shares are outstanding with a float of 70.25 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for LQDA since 4 analysts follow the stock currently. There are 4 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of -$1.4234 being high and -$1.659 being low. For LQDA, this leads to a yearly average estimate of -$1.5412. Based on analyst estimates, the high estimate for the next quarter is -$0.32 and the low estimate is -$0.46. The average estimate for the next quarter is thus -$0.39.
