Longeveron Inc. (NASDAQ:LGVN – Get Free Report) Director Rock Soffer purchased 31,915 shares of the business’s stock in a transaction dated Thursday, April 11th. The shares were purchased at an average cost of $2.35 per share, with a total value of $75,000.25. Following the purchase, the director now directly owns 208,534 shares in the company, valued at $490,054.90. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink.
Longeveron Trading Down 16.3 %
NASDAQ:LGVN opened at $1.69 on Friday. The company has a market capitalization of $4.25 million, a PE ratio of -0.17 and a beta of 0.21. The company has a quick ratio of 1.50, a current ratio of 1.50 and a debt-to-equity ratio of 0.21. Longeveron Inc. has a 52-week low of $1.62 and a 52-week high of $44.00. The stock has a fifty day simple moving average of $4.32 and a 200-day simple moving average of $12.35.
Longeveron (NASDAQ:LGVN – Get Free Report) last released its quarterly earnings results on Tuesday, February 27th. The company reported ($2.50) earnings per share (EPS) for the quarter, missing the consensus estimate of ($2.10) by ($0.40). The firm had revenue of $0.06 million for the quarter, compared to analyst estimates of $0.21 million. Longeveron had a negative return on equity of 209.14% and a negative net margin of 3,020.17%. On average, equities research analysts expect that Longeveron Inc. will post -8.5 earnings per share for the current fiscal year.
Institutional Inflows and Outflows
Longeveron Company Profile
Longeveron Inc, a clinical stage biotechnology company, develops cellular therapies for aging-related and life-threatening conditions in the United States and Japan. The company's lead investigational product is the LOMECEL-B, an allogeneic mesenchymal stem cell formulation sourced from the bone marrow of young, healthy adult donors.
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