Liquidia Corporation found using ticker (LQDA) now have 5 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 6 and 4 calculating the average target price we see 5.2. Given that the stocks previous close was at 3.13 this now indicates there is a potential upside of 66.1%. The day 50 moving average is 3.32 and the 200 day moving average is 5.37. The company has a market capitalisation of $130m. Company Website: http://www.liquidia.com
The potential market cap would be $216m based on the market concensus.
Liquidia Corporation, through its subsidiaries, operates as a late-stage clinical biopharmaceutical company. The company focuses on the development and commercialization of various products using its PRINT technology that enables precise production of drug particles designed to enhance the safety, efficacy, and performance of a range of therapies. Its product candidates include LIQ861 for the treatment of pulmonary arterial hypertension; and LIQ865 for the treatment of local post-operative pain. The company also provides strategy, investment, and commercialization services for rare disease pharmaceutical products, such as generic Remodulin, a parenteral formulation of treprostinil for pulmonary arterial hypertension. Liquidia Corporation was founded in 2004 and is based in Morrisville, North Carolina.
