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1 Comment
Cytokinetics, Incorporated is currently in a long term downtrend where the price is trading 5.4% 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 28.7.
Cytokinetics, Incorporated's total revenue rose by 29.0% to $7M since the same quarter in the previous year.
Its net income has dropped by 43.4% to $-44M since the same quarter in the previous year.
Finally, its free cash flow grew by 323.9% to $46M since the same quarter in the previous year.
Based on the above factors, Cytokinetics, Incorporated gets an overall score of 3/5.
ISIN | US23282W6057 |
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Exchange | F |
CurrencyCode | EUR |
Sector | Healthcare |
Industry | Biotechnology |
Target Price | 45.3 |
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Market Cap | 4B |
PE Ratio | None |
Beta | 0.94 |
Dividend Yield | None |
Cytokinetics, Incorporated, a late-stage biopharmaceutical company, focuses on discovering, developing, and commercializing muscle activators and inhibitors as potential treatments for debilitating diseases in the United States. The company develops small molecule drug candidates primarily engineered to impact muscle function and contractility. Its drug candidates include omecamtiv mecarbil, a novel cardiac myosin activator that is in Phase III clinical trial in patients with heart failure. It also develops CK- 089, a fast skeletal muscle troponin activator that is in Phase I clinical trial; CK-586, a small molecule cardiac myosin inhibitor, that is in Phase II clinical trial; and aficamten, a novel, oral, small molecule cardiac myosin inhibitor which is in Phase III clinical trial discovered for the treatment of hypertrophic cardiomyopathy. It has a strategic alliance with Ji Xing Pharmaceuticals Limited; and a collaboration and license agreement for the development and commercialization of aficamten in Japan for the treatment of patients with obstructive and non-obstructive hypertrophic cardiomyopathy. Cytokinetics, Incorporated was incorporated in 1997 and is headquartered in South San Francisco, California.
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