NasdaqCM:LQDAPharmaceuticals
Is Liquidia (LQDA) Stock Too Rich After A 35x Run?
Liquidia has delivered an extremely strong run over the past few years, yet the stock now screens as expensive on the broader valuation checks. That combination puts the recent share price strength up against a weak overall value score and an overvalued read on market multiples.
Liquidia has returned roughly 35x over the past 5 years, which sets a high bar for any further upside to be justified by fundamentals.
Expectations for the company to convert its pipeline and business model into...