Liminal BioSciences Inc (NASDAQ:LMNL) is trading lower in the pre-market session on Tuesday . The stock ran from 3.50 to 5.00 over the last few days, but has pulled back off the highs.
Market Action
As of 8:01, LMNL stock is moving down by 3.15% or $0.14 at $4.30. So far more than 1K shares have exchanged hands.
LMNL Releases Results Late Monday
Liminal BioSciences Reports First Quarter 2021 Financial Results
- Net loss was $20.9 million for the first quarter of 2021 compared to $27.7 million for the first quarter of 2020.
- Cash and cash equivalents at March 31, 2021 were $21.6 million. The Company’s working capital, i.e., the current assets net of current liabilities, at March 31, 2021 amounted to $33.5 million.
- Research and development expenses were $9.3 million for the first quarter of 2021 compared to $16.4 million for the first quarter of 2020.
- Finance costs were $2.4 million for the first quarter of 2021 compared to $1.5 million for the first quarter of 2020, as a result of the long-term debt issuances in the third quarter of 2020.
Trader Notes
Share Information
| SHARES OUTSTANDING | 23.31 M |
| SHARE FLOAT (%) | 7.82 M (33.53%) |
| % HELD BY INSTITUTIONS | 3.13 |
Recent Stock Performance
| 5-DAY PERF. | +0.68% |
| 1-MONTH PERF. | +6.99% |
| 3-MONTH PERF. | -22.65% |
| 6-MONTH PERF. | +14.73% |
| YTD PERF. | +5.71% |
| 1-YEAR PERF. | -42.71% |
Moving Averages
| +/- EMA(20) | 4.47 (-0.67%) |
| +/- SMA(50) | 4.36 (+1.83%) |
| +/- SMA(200) | 6.85 (-35.18%) |
Pivot Points
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
| Classic | 3.3233 | 3.7667 | 4.1033 | 4.5467 | 4.8833 | 5.3267 | 5.6633 |
| Fibonacci | 3.7667 | 4.0646 | 4.2487 | 4.5467 | 4.8446 | 5.0287 | 5.3267 |
Technical Indicators
| Symbol | Value | Result | Symbol | Value | Result |
| ADX | 17.8564 | Neutral | ATR14 | 0.4620 | |
| CCI20 | 4.2615 | Neutral | Chaikin Money Flow | 0.0088 | Neutral |
| MACD | -0.0809 | Sell | Money Flow Index | 61.0976 | Sell |
| ROC | -10.1215 | Sell | RSI | 48.0102 | Buy |
| STOCH (14,3) | 47.3958 | Sell | STOCH RSI | 0.5884 | Buy |
| UO | 44.5169 | Buy | Williams %R | -52.6042 | Neutral |
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