Is Longeveron Inc (NASDAQ: LGVN) No Longer A Good Investment?

After Hours

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility.

Stocks Info

LGVN belongs to the Healthcare sector of the NASDAQ while operating in the Biotechnology industry. The current market capitalization of Longeveron Inc is $23.44M. A total of 0.56 million shares were traded on the day, compared to an average of 278.23K shares.

In the most recent transaction, Baluch Khoso sold 1,250 shares of LGVN for 2.07 per share on Dec 02 ’24. After the transaction, the Director now owns 23,750 company shares. In a previous transaction on Nov 27 ’24, Baluch Khoso bought 1,250 shares at 2.06 per share.

Among the insiders who bought shares, Hare Joshua acquired of 106,383 shares on Apr 10 ’24 at a per-share price of $2.35. This resulted in the Chief Scientific Officer holding 590,727 shares of LGVN after the transaction. In another insider transaction, Hare Joshua bought 42,553 shares at $2.35 per share on Apr 11 ’24. Company shares held by the Chief Scientific Officer now total 633,280.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. In terms of 52-week highs and lows, LGVN has a high of $6.40 and a low of $0.77.

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. LGVN’s latest balance sheet shows that the firm has $35.04M in Cash & Short Term Investments as of fiscal 2021. There were $3.14M in debt and $2.71M in liabilities at the time. Its Book Value Per Share was $1.73, while its Total Shareholder’s Equity was $37.45M.

Analysts Opinion

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for LGVN is Buy with a score of 5.00.

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