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1 Comment
Arch Biopartners Inc is currently in a long term downtrend where the price is trading 4.9% below its 200 day moving average.
From a valuation standpoint, the stock is 15.8% more expensive than other stocks from the Healthcare sector with a price to sales ratio of 1182.1.
Arch Biopartners Inc's total revenue sank by 100.0% to $0 since the same quarter in the previous year.
Its net income has dropped by 125.4% to $-2M since the same quarter in the previous year.
Finally, its free cash flow fell by 48.8% to $-710K since the same quarter in the previous year.
Based on the above factors, Arch Biopartners Inc gets an overall score of 0/5.
Sector | Healthcare |
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Industry | Biotechnology |
Exchange | V |
CurrencyCode | CAD |
ISIN | CA03938C1041 |
Market Cap | 113M |
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PE Ratio | None |
Target Price | None |
Beta | 1.36 |
Dividend Yield | None |
Arch Biopartners Inc., together with its subsidiaries, engages in the development of novel drugs for acute kidney injury and organ damage in Canada. It focuses on developing its lead drug candidate LSALT Peptide, which is in Phase 2 trials to treat inflammation related acute kidney injury experienced by patients undergoing on-pump (bypass) cardiac surgery; and cilastatin to prevent toxin related acute kidney injury via dipeptidase-1. The company also develops AB569 for treating antibiotic-resistant bacterial infections and as a topical treatment for wounds; and Borg, a peptide-solid surface interface, which are binding of proprietary peptides to solid metal and plastic surfaces to inhibit biofilm formation and to reduce corrosion. Arch Biopartners Inc. is based in Toronto, Canada.
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