The Week Ahead: Are Investors Really Too Optimistic About Liquidia Corp (NASDAQ: LQDA)

Liquidia Corp (NASDAQ:LQDA) currently has a daily average trading volume of 1.17M but it saw 916612 shares traded in last market. With a market cap of 739.49M USD, the company’s current market price of $9.63 came falling about -3.51 while comparing to the previous closing price of $9.98. In past 52 weeks, the stock remained buoying in the range of price level as high as $16.99 and as low as $5.71. In the recent trading on the day, stock has struck highest price mark of $9.5 while lowest mark touched by it was $9.97.

Taking a look at 20-day trading activity of Liquidia Corp (LQDA) gives us an average price of $11.57, while its current price level is -43.32% below from 52-week high level whereas it is 68.65% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $11.96 while that of 200 days or SMA-200 reads an average of $12.13. A closer look into the stock’s movement over the week reveals that its volatility is standing at 9.93% during that period while stretching the period over a month that decreases to 6.76%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 36.52 which implies that the stock is in neutral territory.

Over the week, LQDA’s stock price is moving -30.37% down while it is -15.08% when we observe its performance for the past one month. Year-to-date it is -19.95% down and over the past year, the stock is showing an upside performance of 41.00%.

Currently, Liquidia Corp’s total number of outstanding shares is 68.63M. Company’s return on investment (ROI) stands at -173.95% and return on equity (ROE) at -181.73%. Stock’s beta reads 0.23. Stock has a price to book (P/B) ratio of 11.73 while price to sale or P/S ratio amounts to 49.83. Its return on asset (ROA) is -75.00% on average.