(VIANEWS) – Shares of Viking Therapeutics (NASDAQ: VKTX) rose by a staggering 13.3% to $24.92 at 14:29 EST on Tuesday, after two consecutive sessions in a row of losses. NASDAQ is rising 0.08% to $12,374.87, following the last session’s upward trend. This seems, so far, a somewhat up trend exchanging session today.
Viking Therapeutics’s last close was $21.99, 6.43% under its 52-week high of $23.50.
About Viking Therapeutics
Viking Therapeutics, Inc., a clinical-stage biopharmaceutical company, focuses on the development of novel therapies for metabolic and endocrine disorders. The company's lead drug candidate is VK2809, an orally available tissue and receptor-subtype selective agonist of the thyroid hormone receptor beta (TRß), which is in Phase IIb clinical trials to treat patients with biopsy-confirmed non-alcoholic steatohepatitis, as well as NAFLD. It also develops VK5211, an orally available non-steroidal selective androgen receptor modulator that is in Phase II clinical trials for the treatment of patients recovering from non-elective hip fracture surgery; VK0612, an orally available Phase IIb-ready drug candidate for type 2 diabetes; VK2735, a novel dual agonist of the glucagon-like peptide, which is in Phase 1 SAD/MAD clinical trial, and VK0214, an orally available tissue and receptor-subtype selective agonist of the TRß for X-linked adrenoleukodystrophy. The company was incorporated in 2012 and is headquartered in San Diego, California.
Earnings Per Share
As for profitability, Viking Therapeutics has a trailing twelve months EPS of $-0.9.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is negative -45.71%.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is 17.4% and 9.5%, respectively.
More news about Viking Therapeutics (VKTX).
