Lantern Pharma Stock Price History
| LTRN Stock | USD 3.08 0.13 4.41% |
Below is the normalized historical share price chart for Lantern Pharma extending back to June 11, 2020. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Lantern Pharma stands at 3.08, as last reported on the 23rd of November, with the highest price reaching 3.22 and the lowest price hitting 2.80 during the day.
If you're considering investing in Lantern Stock, it is important to understand the factors that can impact its price. Lantern Pharma has Sharpe Ratio of -0.12, which conveys that the firm had a -0.12% return per unit of risk over the last 3 months. Lantern Pharma exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Lantern Pharma's Mean Deviation of 3.36, risk adjusted performance of (0.06), and Standard Deviation of 4.5 to check out the risk estimate we provide.
As of the 23rd of November 2024, Total Stockholder Equity is likely to drop to about 34.6 M. In addition to that, Common Stock Total Equity is likely to drop to 928.53. At this time, Lantern Pharma's Price Book Value Ratio is very stable compared to the past year. As of the 23rd of November 2024, Price To Book Ratio is likely to grow to 1.19, while Price Earnings Ratio is likely to drop (3.05). Lantern Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 11th of June 2020 | 200 Day MA 4.9574 | 50 Day MA 3.5498 | Beta 1.567 |
Lantern |
Sharpe Ratio = -0.1243
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | LTRN |
Estimated Market Risk
| 4.34 actual daily | 38 62% of assets are more volatile |
Expected Return
| -0.54 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.12 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Lantern Pharma is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Lantern Pharma by adding Lantern Pharma to a well-diversified portfolio.
Price Book 1.1961 | Book Value 3.816 | Enterprise Value 5.5 M | Enterprise Value Ebitda 0.2137 | Shares Float 7.9 M |
Lantern Pharma Stock Price History Chart
There are several ways to analyze Lantern Stock price data. The simplest method is using a basic Lantern candlestick price chart, which shows Lantern Pharma price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
| Highest Price | August 30, 2024 | 4.09 |
| Lowest Price | November 20, 2024 | 2.94 |
Lantern Pharma November 23, 2024 Stock Price Synopsis
Various analyses of Lantern Pharma's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Lantern Stock. It can be used to describe the percentage change in the price of Lantern Pharma from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Lantern Stock.| Lantern Pharma Price Action Indicator | 0.14 | |
| Lantern Pharma Price Rate Of Daily Change | 1.04 | |
| Lantern Pharma Price Daily Balance Of Power | 0.31 |
Lantern Pharma November 23, 2024 Stock Price Analysis
Lantern Stock Price History Data
The price series of Lantern Pharma for the period between Sun, Aug 25, 2024 and Sat, Nov 23, 2024 has a statistical range of 1.71 with a coefficient of variation of 9.77. The daily prices for the period are spread out with arithmetic mean of 3.63. The median price for the last 90 days is 3.55.| Open | High | Low | Close | Volume | ||
11/23/2024 | 2.99 | 3.22 | 2.80 | 3.08 | ||
| 11/22/2024 | 2.99 | 3.22 | 2.80 | 3.08 | 108,470 | |
| 11/21/2024 | 2.90 | 2.98 | 2.79 | 2.95 | 89,045 | |
| 11/20/2024 | 3.00 | 3.19 | 2.90 | 2.94 | 71,698 | |
| 11/19/2024 | 3.20 | 3.37 | 2.93 | 3.08 | 47,925 | |
| 11/18/2024 | 3.54 | 3.57 | 3.16 | 3.16 | 50,390 | |
| 11/15/2024 | 3.46 | 3.55 | 3.36 | 3.54 | 71,130 | |
| 11/14/2024 | 3.51 | 3.60 | 3.45 | 3.49 | 76,989 | |
| 11/13/2024 | 3.60 | 3.62 | 3.50 | 3.53 | 56,296 | |
| 11/12/2024 | 3.51 | 3.65 | 3.50 | 3.58 | 68,307 | |
| 11/11/2024 | 3.87 | 3.87 | 3.51 | 3.51 | 42,388 | |
| 11/08/2024 | 3.35 | 3.84 | 3.32 | 3.84 | 48,827 | |
| 11/07/2024 | 3.32 | 3.50 | 3.32 | 3.42 | 52,118 | |
| 11/06/2024 | 3.28 | 3.35 | 3.25 | 3.31 | 27,911 | |
| 11/05/2024 | 3.23 | 3.38 | 3.23 | 3.27 | 25,786 | |
| 11/04/2024 | 3.19 | 3.32 | 3.14 | 3.28 | 22,915 | |
| 11/01/2024 | 3.08 | 3.31 | 3.05 | 3.31 | 20,492 | |
| 10/31/2024 | 3.26 | 3.26 | 3.04 | 3.13 | 59,803 | |
| 10/30/2024 | 3.39 | 3.45 | 3.23 | 3.26 | 52,534 | |
| 10/29/2024 | 3.61 | 3.68 | 3.35 | 3.49 | 63,707 | |
| 10/28/2024 | 3.38 | 3.66 | 3.29 | 3.66 | 81,172 | |
| 10/25/2024 | 3.40 | 3.46 | 3.20 | 3.34 | 31,910 | |
| 10/24/2024 | 3.37 | 3.49 | 3.23 | 3.45 | 27,036 | |
| 10/23/2024 | 3.32 | 3.40 | 3.19 | 3.37 | 22,061 | |
| 10/22/2024 | 3.30 | 3.50 | 3.12 | 3.39 | 49,316 | |
| 10/21/2024 | 3.51 | 3.51 | 3.21 | 3.36 | 22,535 | |
| 10/18/2024 | 3.35 | 3.50 | 3.35 | 3.44 | 17,111 | |
| 10/17/2024 | 3.45 | 3.49 | 3.11 | 3.39 | 54,353 | |
| 10/16/2024 | 3.55 | 3.57 | 3.42 | 3.50 | 27,857 | |
| 10/15/2024 | 3.50 | 3.60 | 3.42 | 3.54 | 66,385 | |
| 10/14/2024 | 3.62 | 3.64 | 3.48 | 3.55 | 21,373 | |
| 10/11/2024 | 3.39 | 3.61 | 3.39 | 3.48 | 24,481 | |
| 10/10/2024 | 3.47 | 3.59 | 3.30 | 3.39 | 55,901 | |
| 10/09/2024 | 3.68 | 3.79 | 3.49 | 3.53 | 45,114 | |
| 10/08/2024 | 3.65 | 3.86 | 3.64 | 3.69 | 25,860 | |
| 10/07/2024 | 3.72 | 3.87 | 3.63 | 3.73 | 12,212 | |
| 10/04/2024 | 3.60 | 3.84 | 3.55 | 3.77 | 23,757 | |
| 10/03/2024 | 3.70 | 3.89 | 3.52 | 3.60 | 28,435 | |
| 10/02/2024 | 3.72 | 3.85 | 3.61 | 3.71 | 20,923 | |
| 10/01/2024 | 3.75 | 3.83 | 3.55 | 3.76 | 42,418 | |
| 09/30/2024 | 3.74 | 3.89 | 3.55 | 3.67 | 31,231 | |
| 09/27/2024 | 3.84 | 3.94 | 3.72 | 3.78 | 52,786 | |
| 09/26/2024 | 4.00 | 4.13 | 3.78 | 3.84 | 44,732 | |
| 09/25/2024 | 3.99 | 4.14 | 3.91 | 3.92 | 30,314 | |
| 09/24/2024 | 3.96 | 4.09 | 3.93 | 4.04 | 30,405 | |
| 09/23/2024 | 4.10 | 4.25 | 3.87 | 3.95 | 47,546 | |
| 09/20/2024 | 3.98 | 4.37 | 3.98 | 3.99 | 51,265 | |
| 09/19/2024 | 3.78 | 4.39 | 3.78 | 4.07 | 56,403 | |
| 09/18/2024 | 3.84 | 4.14 | 3.77 | 3.91 | 37,376 | |
| 09/17/2024 | 3.85 | 4.05 | 3.81 | 3.81 | 14,621 | |
| 09/16/2024 | 3.94 | 4.09 | 3.75 | 3.76 | 56,023 | |
| 09/13/2024 | 3.80 | 4.10 | 3.56 | 4.02 | 75,353 | |
| 09/12/2024 | 3.86 | 4.00 | 3.64 | 3.79 | 64,429 | |
| 09/11/2024 | 3.44 | 3.83 | 3.37 | 3.72 | 59,631 | |
| 09/10/2024 | 3.49 | 3.49 | 3.26 | 3.35 | 30,964 | |
| 09/09/2024 | 3.53 | 3.64 | 3.39 | 3.50 | 19,477 | |
| 09/06/2024 | 3.50 | 3.59 | 3.25 | 3.42 | 92,467 | |
| 09/05/2024 | 3.61 | 3.81 | 3.45 | 3.50 | 19,358 | |
| 09/04/2024 | 3.70 | 3.92 | 3.52 | 3.61 | 31,923 | |
| 09/03/2024 | 4.21 | 4.21 | 3.43 | 3.66 | 102,166 | |
| 08/30/2024 | 4.07 | 4.11 | 3.92 | 4.09 | 26,061 |
About Lantern Pharma Stock history
Lantern Pharma investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Lantern is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Lantern Pharma will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Lantern Pharma stock prices may prove useful in developing a viable investing in Lantern Pharma
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 10.8 M | 9.4 M | |
| Net Loss | -12.8 M | -12.2 M |
Lantern Pharma Quarterly Net Working Capital |
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Lantern Pharma Stock Technical Analysis
Lantern Pharma technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
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Lantern Pharma Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Lantern Pharma's price direction in advance. Along with the technical and fundamental analysis of Lantern Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Lantern to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.64) | |||
| Total Risk Alpha | (1.10) | |||
| Treynor Ratio | (0.18) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lantern Pharma. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. To learn how to invest in Lantern Stock, please use our How to Invest in Lantern Pharma guide.You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Biotechnology space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Lantern Pharma. If investors know Lantern will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Lantern Pharma listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.78) | Return On Assets (0.28) | Return On Equity (0.45) |
The market value of Lantern Pharma is measured differently than its book value, which is the value of Lantern that is recorded on the company's balance sheet. Investors also form their own opinion of Lantern Pharma's value that differs from its market value or its book value, called intrinsic value, which is Lantern Pharma's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Lantern Pharma's market value can be influenced by many factors that don't directly affect Lantern Pharma's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Lantern Pharma's value and its price as these two are different measures arrived at by different means. Investors typically determine if Lantern Pharma is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lantern Pharma's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.