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1 Comment
Beam Therapeutics Inc is currently in a long term uptrend where the price is trading 28.7% above its 200 day moving average.
From a valuation standpoint, the stock is 11618.0% more expensive than other stocks from the Healthcare sector with a price to sales ratio of 156945.7.
Based on the above factors, Beam Therapeutics Inc gets an overall score of 1/5.
Exchange | NASDAQ |
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CurrencyCode | USD |
ISIN | US07373V1052 |
Sector | Healthcare |
Industry | Biotechnology |
Beta | 2.02 |
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Market Cap | 2B |
PE Ratio | None |
Target Price | 49 |
Dividend Yield | None |
Beam Therapeutics Inc., a biotechnology company, engages in the development of precision genetic medicines for patients suffering from serious diseases in the United States. It develops BEAM-101 for the treatment of sickle cell disease; BEAM-302, a liver-targeting LNP formulation to treat severe alpha-1 antitrypsin deficiency; and BEAM-301, a liver-targeting LNP formulation for the treatment of glycogen storage disease 1a. It also intends to develop BEAM-103, an anti-CD117 monoclonal antibody, and BEAM-104, a cell therapy for development in sickle cell disease and beta-thalassemia; and BEAM-201 and other potential ex vivo CAR-T therapies. The company has research collaboration agreement with Pfizer Inc., focus on in vivo base editing programs for targets rare genetic diseases of the liver, muscle, and central nervous system; Apellis Pharmaceuticals to conduct preclinical research on target specific genes within the complement system in various organs, including the eye, liver, and brain; Verve Therapeutics, Inc., for cardiovascular disease treatments; Sana Biotechnology, Inc., to research, develop, and commercialize rights to CRISPR Cas12b for cell therapy programs; and Orbital Therapeutics design RNA for the prevention, treatment or diagnosis of human disease. Beam Therapeutics Inc. was incorporated in 2017 and is based in Cambridge, Massachusetts.
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