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1 Comment
Editas Medicine, Inc is currently in a long term downtrend where the price is trading 4.0% below its 200 day moving average.
From a valuation standpoint, the stock is 97.8% cheaper than other stocks from the Healthcare sector with a price to sales ratio of 28.4.
Editas Medicine, Inc's total revenue sank by 7.0% to $11M since the same quarter in the previous year.
Its net income has dropped by 65.5% to $-62M since the same quarter in the previous year.
Finally, its free cash flow fell by 205.4% to $-41M since the same quarter in the previous year.
Based on the above factors, Editas Medicine, Inc gets an overall score of 1/5.
Industry | Biotechnology |
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Sector | Healthcare |
ISIN | US28106W1036 |
CurrencyCode | EUR |
Exchange | F |
PE Ratio | None |
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Dividend Yield | 0.0% |
Target Price | 54.77 |
Beta | 1.9 |
Market Cap | 495M |
Editas Medicine, Inc., a clinical stage genome editing company, focuses on developing transformative genomic medicines to treat a range of serious diseases. It develops a proprietary gene editing platform based on CRISPR technology. The company develops EDIT-101, which is in Phase 1/2 BRILLIANCE trial for Leber Congenital Amaurosis 10; autosomal dominant retinitis pigmentosa; and EDIT-301, a clinical development gene-edited medicine to treat sickle cell disease and transfusion-dependent beta-thalassemia. In addition, the company is developing gene-edited Natural Killer cell medicines to treat solid tumor cancers; alpha-beta T cells for multiple cancers; and gamma delta T cell therapies to treat cancer. It has a research collaboration with Juno Therapeutics, Inc. to develop engineered T cells for cancer; strategic alliance and option agreement with Allergan Pharmaceuticals International Limited to discover, develop, and commercialize new gene editing medicines for a range of ocular disorders. The company was formerly known as Gengine, Inc. and changed its name to Editas Medicine, Inc. in November 2013. Editas Medicine, Inc. was incorporated in 2013 and is based in Cambridge, Massachusetts.
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