Viking Therapeutics Stock Bullish Momentum With A 16.82% Rise Today

(VIANEWS) – The NASDAQ ended the session with Viking Therapeutics (VKTX) rising 16.82% to $80.83 on Tuesday while NASDAQ dropped 0.42% to $16,315.70.

Viking Therapeutics’s last close was $69.19, 30.4% under its 52-week high of $99.41.

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 $-0.91.

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 -34.79%.

Stock Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Viking Therapeutics’s stock is considered to be overbought (>=80).

Moving Average

Viking Therapeutics’s worth is way above its 50-day moving average of $35.73 and way higher than its 200-day moving average of $20.13.

Yearly Top and Bottom Value

Viking Therapeutics’s stock is valued at $80.83 at 18:10 EST, way below its 52-week high of $99.41 and way above its 52-week low of $8.28.

Growth Estimates Quarters

The company’s growth estimates for the current quarter and the next is a negative 12% and a negative 47.4%, respectively.

More news about Viking Therapeutics (VKTX).

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