As of Thursday, Landos Biopharma Inc.’s (NASDAQ:LABP) stock closed at $0.29, down from $0.29 the previous day. While Landos Biopharma Inc. has underperformed by -0.24%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, LABP fell by -80.18%, with highs and lows ranging from $1.45 to $0.21, whereas the simple moving average fell by -47.18% in the last 200 days.
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On April 12, 2022, Jefferies Downgraded Landos Biopharma Inc. (NASDAQ: LABP) to Hold. A report published by SVB Leerink on November 16, 2021, Downgraded its rating to ‘Mkt Perform’ for LABP. Craig Hallum also rated LABP shares as ‘Buy’, setting a target price of $45 on the company’s shares in an initiating report dated October 20, 2021. H.C. Wainwright Initiated an Buy rating on October 19, 2021, and assigned a price target of $50. SVB Leerink initiated its ‘Outperform’ rating for LABP, as published in its report on March 01, 2021. Raymond James’s report from March 01, 2021 suggests a price prediction of $33 for LABP shares, giving the stock a ‘Outperform’ rating. JP Morgan also rated the stock as ‘Neutral’.
Analysis of Landos Biopharma Inc. (LABP)
One of the most important indicators of Landos Biopharma Inc.’s future performance is equity, which can be evaluated using several well-rounded types of analysis and research techniques. The goal here is to ensure that your current return on equity of -79.80% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 7.40, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
For any stock, average volume can also provide valuable insight into volatility, and LABP is recording 352.91K average volume. On a monthly basis, the volatility of the stock is set at 12.13%, whereas on a weekly basis, it is put at 8.47%, with a gain of 3.32% over the past seven days. Furthermore, long-term investors anticipate a median target price of $1.05, showing growth from the present price of $0.29, which can serve as yet another indication of whether LABP is worth investing in or should be passed over.
How Do You Analyze Landos Biopharma Inc. Shares?
Along with the fundamentals, it is also important to consider how many employees own shares of the company. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 29.53%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 58.40% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
Are institutional investors increasing their holdings in LABP shares?
The recent increase in stakes in LABP appears to be a result of several institutional investors and hedge funds increasing their positions. During the last quarter, the company dropped down 0 additional shares for a total stake of worth $54457.0, bringing number of shares owned by the company to 147,182.
During the first quarter, Renaissance Technologies LLC subtracted a -133,300 position in LABP. The Vanguard Group, Inc. sold an additional 63519.0 shares in the last quarter, decreasing its holdings by -38.12%, now holding 0.1 million shares worth $38143.0. At the end of the first quarter, Bridgeway Capital Management LLC decreased its LABP holdings by -33.56% and now holds 99000.0 LABP shares valued at $36630.0 with the lessened 50000.0 shares during the period. LABP shares are owned by institutional investors to the tune of 58.40% at present.
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