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1 Comment
BioArctic AB (publ) is currently in a long term uptrend where the price is trading 53.9% above its 200 day moving average.
From a valuation standpoint, the stock is 90.2% cheaper than other stocks from the Healthcare sector with a price to sales ratio of 129.1.
BioArctic AB (publ)'s total revenue sank by 68.4% to $8M since the same quarter in the previous year.
Its net income has increased by 22.8% to $-13M since the same quarter in the previous year.
Finally, its free cash flow grew by 36.9% to $-34M since the same quarter in the previous year.
Based on the above factors, BioArctic AB (publ) gets an overall score of 4/5.
Exchange | F |
---|---|
CurrencyCode | EUR |
ISIN | SE0010323311 |
Sector | Healthcare |
Industry | Biotechnology |
Market Cap | 1B |
---|---|
PE Ratio | None |
Target Price | None |
Beta | -0.67 |
Dividend Yield | None |
BioArctic AB (publ) develops biological drugs for patients with disorders of the central nervous system in Sweden. The company research and development of innovative biological drugs, such as antibodies, that address high unmet medical needs. Its therapeutic areas encompass neurodegenerative disorders, such as Alzheimer's disease, Parkinson's disease, and other CNS diseases. In addition, the company owns a technology platform, which develops a range of therapeutic monoclonal antibodies. Additionally, it develops lecanemab phase 3 clinical trial, Lecanemab back-up phase 3 clinical trial, BAN1503 is in discovery stage, and Exidavnemab is in phase 2 clinical trial, Lecanemab is in preclinical; and BAN2803, BAN2802 preclinical trial; PD-BT2238, ND-BT3814, and GD-BT6822 in discovery stage. It has research collaboration agreement with Eisai and AbbVie. The company was formerly known as BioArctic Neuroscience AB and changed its name to BioArctic AB (publ) in 2016. BioArctic AB (publ) was incorporated in 2000 and is based in Stockholm, Sweden.
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