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Viking Therapeutics Stock Bullish By 9% So Far Today

ViaNews Editorial Team

February 9, 2023

Viking Therapeutics Stock Bullish By 9% So Far Today

(VIANEWS) - Shares of Viking Therapeutics (NASDAQ: VKTX) rose 9.83% to $10.50 at 11:45 EST on Thursday, after two consecutive sessions in a row of losses. NASDAQ is jumping 0.46% to $11,965.50, following the last session's downward trend. This seems, as yet, a somewhat bullish trend exchanging session today.

Viking Therapeutics's last close was $9.56, 0.62% under its 52-week high of $9.62.

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; 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 $-0.6.

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 -33.84%.

Growth Estimates Quarters

The company's growth estimates for the present quarter and the next is a negative 50% and a negative 14.3%, respectively.

Volatility

Viking Therapeutics's last week, last month's, and last quarter's current intraday variation average was 1.79%, 0.37%, and 4.34%.

Viking Therapeutics's highest amplitude of average volatility was 2.62% (last week), 2.76% (last month), and 4.34% (last quarter).

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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