Viking Therapeutics Stock Over 30% Down In The Last 21 Sessions

(VIANEWS) – Shares of Viking Therapeutics (NASDAQ: VKTX) dropped by a staggering 30.12% in 21 sessions from $21.81 at 2023-06-20, to $15.24 at 11:39 EST on Wednesday, after three consecutive sessions in a row of losses. NASDAQ is jumping 0.33% to $14,400.61, after two successive sessions in a row of gains.

Viking Therapeutics’s last close was $15.41, 40.09% under its 52-week high of $25.72.

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 $-0.93.

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 4.8%, respectively.

Yearly Top and Bottom Value

Viking Therapeutics’s stock is valued at $15.24 at 11:39 EST, way under its 52-week high of $25.72 and way above its 52-week low of $2.54.

More news about Viking Therapeutics (VKTX).

Leave a Reply

Your email address will not be published. Required fields are marked *