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1 Comment
Alterity Therapeutics Limited is currently in a long term uptrend where the price is trading 30.1% above its 200 day moving average.
From a valuation standpoint, the stock is 44.9% cheaper than other stocks from the Healthcare sector with a price to sales ratio of 737.7.
Alterity Therapeutics Limited's total revenue rose by 6564.3% to $942K since the same quarter in the previous year.
Its net income has increased by 24.1% to $-4M since the same quarter in the previous year.
Finally, its free cash flow fell by 182.0% to $-4M since the same quarter in the previous year.
Based on the above factors, Alterity Therapeutics Limited gets an overall score of 4/5.
Exchange | NASDAQ |
---|---|
CurrencyCode | USD |
ISIN | US02155X1063 |
Sector | Healthcare |
Industry | Biotechnology |
Target Price | 11 |
---|---|
Market Cap | 52M |
PE Ratio | None |
Beta | 0.7 |
Dividend Yield | None |
Alterity Therapeutics Limited engages in the research and development of therapeutic drugs to treat Alzheimer's disease, Huntington disease, Parkinson's disease, and other neurological disorders in Australia. The company's lead drug candidate is ATH434, a small molecule drug candidate that has completed Phase I clinical trial for the treatment of Parkinson's disease. It is also developing ATH434-201, which is in Phase II clinical trial to treat multiple system atrophy early stage; ATH434-202 that is in Phase II clinical trial to treat multiple system atrophy; and PBT2 that has completed Phase 2a clinical trial to treat Alzheimer's disease. The company was formerly known as Prana Biotechnology Limited and changed its name to Alterity Therapeutics Limited in April 2019. Alterity Therapeutics Limited was incorporated in 1997 and is headquartered in Melbourne, Australia.
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