Ladenburg Thalmann Financial Services Reaffirms Buy Rating for Lipocine (LPCN)

Ladenburg Thalmann Financial Services Reaffirms Buy Rating for Lipocine (LPCN)

Lipocine Inc (NASDAQ:LPCN) shares hit a new 52-week low on Thursday. The company has market cap of $39.40 million. Trading volume for Lipocine Inc. was 5.01 Million in its previous trading session.

After a recent spot-check, Lipocine Inc. It develops pharmaceutical products for use in men's and women's health. The Company's lead product candidate is LPCN 1021, an oral testosterone replacement therapy designed for twice-a-day dosing that has completed Phase 3 testing. Its additional pipeline candidates include LPCN 1111, a next generation oral testosterone therapy product, and LPCN 1107, indicated for the prevention of preterm birth and is now in Phase 1.

Analysts await Lipocine Inc. One analyst has rated the stock with a sell rating, one has assigned a hold rating and three have issued a buy rating to the company's stock.

Electronic Arts Inc. (EA) Shares Sold by Jaffetilchin Investment Partners LLC
Following the sale, the chief financial officer now owns 159,114 shares in the company, valued at approximately $17,956,014.90. Mitchell Sinkler Starr Pa holds 0.37% of its portfolio in MetLife, Inc. ( NYSE:MO ), 14 have Buy rating, 0 Sell and 5 Hold.

Taking a broader look brokerage firms' analysts on the street with an expectant view have Lipocine Inc Cmn (NASDAQ:LPCN) high price target of $15 and with a conservative view have low price target of $10. At present, 0 analysts call it Sell, while 0 think it is Hold. Lipocine has a 1 year low of $2.90 and a 1 year high of $5.33.

In analysts note sent to clients and investors on Thursday morning, Canaccord Genuity has made a decision to decreased rating on Lipocine (NASDAQ:LPCN) shares to a "Hold". The consensus mean EPS for the current quarter is at $-0.21 derived from a total of 3 estimates from the analysts who have weighed in on projected earnings. For the past 5 years, the company's revenue has grown 0%, while the company's earnings per share has grown 64.3%. 2 analysts recommended Overweight these shares while 0 recommended Underweight, according to FactSet data. The stock volatility for the week was 16.99% while for the month was 7.10%. "The FDA not only brought up the notion of a pre-approval ambulatory BP study requirement for the first time at the Adcom (after allegedly not suggesting it during SPA negotiations with Lipocine), but went so far as to tell panelists they should consider the prior day's review of Clarus's application, which did have such a study and showed a concerning BP increase (but which also seems to have a worse CV profile than Tlando in general)". The company's institutional ownership is monitored at 19 percent. The return on assets stands at -68.4%, Return on Equity now is -74.6% and the Return on Investment value is 0%. Lipocine Inc Cmn (NASDAQ:LPCN)'s price to sales ratio for trailing twelve month stands at 0, whereas its price to book ratio for the most recent quarters is at 1.64. The Average True Range is an exponential moving average (14-days) of the True Range. The company's net profit margin has achieved the current level of 0 percent and possesses 0 percent gross margin. The return on invested capital is at 0%, which is good, compared to its peers.

The company's stock is now moving with a -ve distance from the 200 day SMA of approximately -52.03%, and has a solid year to date (YTD) performance of -45.64% which means that the stock is constantly adding to its value from the previous fiscal year end price.

  • Plains GP (PAGP) Research Coverage Started at Bank of America

    Finally, BidaskClub upgraded Plains GP from a "strong sell" rating to a "sell" rating in a report on Tuesday, October 31st. The investor is now holding $4.64 million shares due in part to a decrease of 455424 new shares in their portfolio.
    Post-Brexit Britain could have access to single market…

    Post-Brexit Britain could have access to single market…

    Nigel Farage yesterday sparked rumours that the United Kingdom may go back to the polls over the decision to leave the EU. They will go on whingeing and whining and moaning all the way through this process.
    Steve Wilks will not interview for Colts HC job

    Steve Wilks will not interview for Colts HC job

    Wilks does have a connection to the Giants, as their new general manager, Dave Gettleman, previously was GM for the Panthers. And we don't have any preconceived notion about whether it has to be an offensive or a defensive coach.
  • China's trade with N. Korea plunges due to United Nations sanctions

    In 2017 as a whole, China's overall trade with North Korea declined by more than 10 percent to about $5 billion, as U.S. President Donald Trump secured Beijing's backing for four escalating rounds of sanctions.
    Livestream, photos from funeral of fallen Philly firefighter

    Livestream, photos from funeral of fallen Philly firefighter

    Firefighting conditions were extremely hard given the freezing temperatures, icy ground and snow-caked sidewalks. As part of a regular rotation, LeTourneau was to be transferred to Engine 44 in Mantua on his next working day.

    FY2018 EPS Estimates for Accenture Plc (NYSE:ACN) Lifted by Cantor Fitzgerald

    The firm has a market capitalization of $102,640.00, a P/E ratio of 28.41, a P/E/G ratio of 2.38 and a beta of 1.08. Stock Yards Fincl Bank & Tru Commerce holds 1.57% of its portfolio in Accenture plc (NYSE: ACN ) for 99,149 shares.
  • NZ to focus on Pakistan ODI death bowling

    NZ to focus on Pakistan ODI death bowling

    Former Pakistan global Ramiz Raja, now a cricket commentator, questioned the Pakistan team's temperament in the first two ODIs. They can do well if they concentrate on the game plan laid out by the captain and the coach".

    Alpha and Omega Semiconductor Limited (AOSL) CFO Sells $266827.50 in Stock

    Ameriprise Financial Inc. bought a new stake in shares of Alpha and Omega Semiconductor in the 2nd quarter valued at $238,000. The semiconductor company reported $0.19 EPS for the quarter, missing the Zacks' consensus estimate of $0.20 by ($0.01).

    Stock Brushing a Recent High: Approach Resources, Inc. (NASDAQ:AREX)

    Finally, Balyasny Asset Management LLC acquired a new stake in Approach Resources in the 2nd quarter valued at $910,000. The Company's business segment is the exploration and production of oil, natural gas liquids (NGLs) and natural gas.
  • Terror police arrest woman at Heathrow

    Terror police arrest woman at Heathrow

    She had just arrived on a flight from the Ethiopian capital of Addis Ababa when she was arrested on Friday. Police have arrested a woman at London's Heathrow Airport on suspicion of preparing a terrorist attack.
    More protests expected in Tunisia after mass arrests

    More protests expected in Tunisia after mass arrests

    The government has vowed not to back down on the austerity measures, taken to satisfy foreign lenders. Tunisia's main opposition Popular Front had called for demonstrations through the week.

    Feds decline to overrule state denial of pipeline

    If the State fails to act within that time period, the Act's "certification requirements" are deemed "waived". The system would run 124 miles, moving natural gas from Pennsylvania into NY .