The stock of Viking Therapeutics Inc (NASDAQ:VKTX) last traded at $41.49, up 8.39% from the previous session.
VKTX stock price is now -28.72% away from the 50-day moving average and -32.94% away from the 200-day moving average. The market capitalization of the company currently stands at $4.62B.
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On November 22, 2024, B. Riley Securities recently initiated its ‘Buy’ rating on the stock quoting a target price of $109, while ‘H.C. Wainwright’ rates the stock as ‘Buy’
In other news, MACARTNEY LAWSON, Director sold 2,000 shares of the company’s stock on Nov 08 ’24. The stock was sold for $137,333 at an average price of $68.67. Upon completion of the transaction, the Director now directly owns 47,965 shares in the company, valued at $1.99 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Nov 08 ’24, Director LAWSON MACARTNEY bought 2,000 shares of the business’s stock. A total of $137,333 was incurred on buying the stock at an average price of $68.67. A total of 3.04% of the company’s stock is owned by insiders.
During the past 12 months, Viking Therapeutics Inc has had a low of $17.23 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 $58.6323 and a two-hundred day moving average price translates $62.1185 for the stock.
The latest earnings results from Viking Therapeutics Inc (NASDAQ: VKTX) was released for 2024-09-30.
