(VIANEWS) – The NASDAQ ended the session with Viking Therapeutics (VKTX) jumping 16.75% to $15.19 on Tuesday while NASDAQ fell 0.84% to $14,185.49.
Viking Therapeutics’s last close was $13.01, 49.42% 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 value is way higher than its 50-day moving average of $10.89 and higher than its 200-day moving average of $15.16.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter is 3.8% and a drop 8% for the next.
Stock Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Viking Therapeutics’s stock is considered to be oversold (<=20).
Volume
Today’s last reported volume for Viking Therapeutics is 6673710 which is 225.15% above its average volume of 2052490.
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