Monday, August 31, 2026

Viking Therapeutics Stock Bullish Momentum With A 10.97% Jump On Monday

ViaNews Editorial Team

January 29, 2024

Viking Therapeutics Stock Bullish Momentum With A 10.97% Jump On Monday

(VIANEWS) - The NASDAQ ended the session with Viking Therapeutics rising 10.97% to $23.72 on Monday, following the last session's downward trend. NASDAQ jumped 1.12% to $15,628.04, following the last session's downward trend on what was an all-around bullish trend trading session today.

Viking Therapeutics's last close was $21.37, 16.91% 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 $-0.92.

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 -31.12%.

Moving Average

Viking Therapeutics's worth is way higher than its 50-day moving average of $17.49 and way above its 200-day moving average of $16.48.

More news about Viking Therapeutics (VKTX).

ViaNews Editorial Team

Via News Editorial Team delivers comprehensive financial news coverage and market analysis from journalists around the world. Our team specializes in data journalism and in-depth reporting on stock markets, business developments, and economic trends.

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