Viking Therapeutics Stock Bullish By 24% In The Last 10 Sessions

(VIANEWS) – Shares of Viking Therapeutics (NASDAQ: VKTX) jumped by a staggering 24.91% in 10 sessions from $16.95 at 2023-04-10, to $21.17 at 12:25 EST on Friday, following the last session’s downward trend. NASDAQ is falling 0.02% to $12,057.42, following the last session’s downward trend.

Viking Therapeutics’s last close was $20.46, 7.97% higher than its 52-week high of $18.95.

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 $-0.97.

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 -39.67%.

Volume

Today’s last reported volume for Viking Therapeutics is 2332934 which is 45.46% below its average volume of 4263010.

Moving Average

Viking Therapeutics’s value is way above its 50-day moving average of $12.32 and way above its 200-day moving average of $6.47.

Earnings Before Interest, Taxes, Depreciation, and Amortization

Viking Therapeutics’s EBITDA is -27.98.

More news about Viking Therapeutics (VKTX).

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