With 1.43 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.81 million shares. The 52-week range on LQDA shows that it touched its highest point at $19.41 and its lowest point at $8.26 during that stretch. It currently has a 1-year price target of $30.80. Beta for the stock currently stands at 0.04.
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 down-trending over the past week, with a drop of -21.81%, but this was down by -26.99% over a month. Three-month performance dropped to -4.73% while six-month performance rose 28.79%. The stock gained 5.78% in the past year, while it has gained 19.81% so far this year. A look at the trailing 12-month EPS for LQDA yields -1.56 with Next year EPS estimates of -0.11. For the next quarter, that number is -0.42. This implies an EPS growth rate of 7.29% for this year and 93.14% for next year.
Float and Shares Shorts:
At present, 85.30 million LQDA shares are outstanding with a float of 69.01 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.
