Home Analysts Viewpoint Investing in Liquidia Corporation (LQDA): What You Must Know

Investing in Liquidia Corporation (LQDA): What You Must Know

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Investing in Liquidia Corporation (LQDA): What You Must Know

Liquidia Corporation’s filing revealed that its Chief Financial Officer Kaseta Michael acquired Company’s shares for reported $47920.0 on Sep 13. In the deal valued at $5.99 per share,8,000 shares were bought. As a result of this transaction, Kaseta Michael now holds 37,877 shares worth roughly $ 0.19 million.


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Then, Caligan Partners LP bought 250,000 shares, generating $1,405,000 in total proceeds. Upon buying the shares at $5.62, the Director now owns 10,643,627 shares.

Before that, JEFFS ROGER bought 43,820 shares. Liquidia Corporation shares valued at $243,990 were divested by the Chief Executive Officer at a price of $5.57 per share. As a result of the transaction, JEFFS ROGER now holds 159,827 shares, worth roughly $0.8 million.

PT values the company’s stock at a premium of -67.33 to its Friday closing price. A number of analysts have revised their coverage, including Wedbush’s analysts, who decreased its forecast for the stock in early September from “a Neutral” to “an Underperform”. Ladenburg Thalmann began covering LQDA with “Buy” recommendation on July 22, 2022. BTIG Research started covering the stock on May 31, 2022. It rated LQDA as “a Buy”.

Price Performance Review of LQDA

On Friday, Liquidia Corporation [NASDAQ:LQDA] saw its stock fall -1.95% to $5.02. On the same session, the stock had its day’s lowest price of $4.97, but rose to a high of $5.17. Over the last five days, the stock has lost -0.79%. Liquidia Corporation shares have risen nearly 3.08% since the year began. Nevertheless, the stocks have risen 16.47% over the past one year. While a 52-week high of $8.79 was reached on 08/12/22, a 52-week low of $3.26 was recorded on 05/24/22. SMA at 50 days reached $5.50, while 200 days put it at $5.61. A total of 0.59 million shares were traded, compared to the trading of 0.54 million shares in the previous session.

Levels Of Support And Resistance For LQDA Stock

The 24-hour chart illustrates a support level at 4.94, which if violated will result in even more drops to 4.85. On the upside, there is a resistance level at 5.14. A further resistance level may holdings at 5.25. The Relative Strength Index (RSI) on the 14-day chart is 45.51, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.03, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 47.66%. Stochastics %K at 53.60% indicates the stock is a holding.

How much short interest is there in Liquidia Corporation?

A steep rise in short interest was recorded in Liquidia Corporation stocks on Jul 14, 2022, growing by 0.65 million shares to a total of 1.82 million shares. Yahoo Finance data shows the prior-month short interest on Jun 14, 2022 was 1.17 million shares. There was a rise of 35.71%, which implies that there is a positive sentiment for the stock. In spite of short shares comprising just 3.84% of the overall stock float, the days-to-cover ratio (short ratio) rose to 2.1.

Liquidia Corporation [LQDA] – Who Are The Largest Shareholders?

In filings from Caligan Partners LP, it is revealed that the company now owns 10,643,627 shares, or roughly 16.54% of the outstanding LQDA shares. In other words, the investor’s shares have risen by 250,000 from its previous 13-F filing of 10393627.0. Additionally, BlackRock Fund Advisors increased 233.69% of its stake after which the total value it holdings stand at $15,228,382, while The Vanguard Group, Inc. added 43.24% of its stake to hold $12.79 million in the firm. Over the last quarter, Eversept Partners LP purchased 722,218 shares of Liquidia Corporation, while Newtyn Management LLC bought 1,568,627 shares. At present, Kynam Capital Management LP is holding 1,500,718 shares valued at $8.16 million. SSgA Funds Management, Inc. owned 1,448,211 shares of the company at the time of its most recent 13F filing, worth $7.88 million.

According to FactSet, Liquidia Corporation’s share price will average $13.29 in the next year, based on opinions of analysts polled by the firm. This is up nearly 192.97 percent from its previous closing price of $5.12. Analysts expect Liquidia Corporation stock to reach the higher price of $20.00, while the lowest price estimate is $3.00. However, 7 analysts have rated LQDA stock as an Overweight in their predictions for 2022. The most recent change occurred on May 26, 2022 when BofA Securities began covering the stock and recommended ‘”a Buy”‘ rating along with a $12 price target.

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