One of the losers of today's trading session was Viking Therapeutics. Shares of the Pharmaceutical company plunged -7.2%, and some investors may be wondering if its price of $60.78 would make a good entry point. Here's what you should know if you are considering this investment:
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Viking Therapeutics has moved 373.1% over the last year, and the S&P 500 logged a change of 24.9%
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VKTX has an average analyst rating of buy and is -46.47% away from its mean target price of $113.55 per share
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Its trailing earnings per share (EPS) is $-0.93
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Viking Therapeutics has a trailing 12 month Price to Earnings (P/E) ratio of -65.4 while the S&P 500 average is 28.21
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Its forward earnings per share (EPS) is $-1.53 and its forward P/E ratio is -39.7
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The company has a Price to Book (P/B) ratio of 7.31 in contrast to the S&P 500's average ratio of 4.71
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Viking Therapeutics is part of the Health Care sector, which has an average P/E ratio of 27.61 and an average P/B of 3.69
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The company has a free cash flow of $-39389376, which refers to the total sum of all its inflows and outflows of cash over the last quarter
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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.