In yesterday’s Wall Street session, Viking Therapeutics Inc (NASDAQ:VKTX) shares traded at $71.75, down -2.18% from the previous session.
VKTX stock price is now 11.89% away from the 50-day moving average and 20.98% away from the 200-day moving average. The market capitalization of the company currently stands at $8.00B.
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With the price target of $80, JP Morgan recently initiated with Overweight rating for Viking Therapeutics Inc (NASDAQ: VKTX). On June 27, 2024, Morgan Stanley recently initiated its ‘Overweight’ rating on the stock quoting a target price of $105, while ‘Raymond James’ rates the stock as ‘Strong Buy’
In other news, ZANTE GREG, Chief Financial Officer sold 131,687 shares of the company’s stock on Oct 28 ’24. The stock was sold for $10,089,164 at an average price of $76.61. Upon completion of the transaction, the Chief Financial Officer now directly owns 149,366 shares in the company, valued at $10.72 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Oct 28 ’24, Officer GREG ZANTE bought 131,687 shares of the business’s stock. A total of $10,275,537 was incurred on buying the stock at an average price of $78.03. A total of 3.18% of the company’s stock is owned by insiders.
During the past 12 months, Viking Therapeutics Inc has had a low of $9.25 and a high of $99.41. As of last week, the company has a debt-to-equity ratio of 0.00, a current ratio of 36.47, and a quick ratio of 36.47. The fifty day moving average price for VKTX is $64.1263 and a two-hundred day moving average price translates $59.306477 for the stock.
The latest earnings results from Viking Therapeutics Inc (NASDAQ: VKTX) was released for 2024-09-30.
