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1 Comment
MorphoSys AG is currently in a long term downtrend where the price is trading 25.9% below its 200 day moving average.
From a valuation standpoint, the stock is 99.4% cheaper than other stocks from the Healthcare sector with a price to sales ratio of 7.7.
MorphoSys AG's total revenue rose by 225.4% to $36M since the same quarter in the previous year.
Its net income has increased by 67.2% to $-17M since the same quarter in the previous year.
Finally, its free cash flow fell by 108.4% to $-82M since the same quarter in the previous year.
Based on the above factors, MorphoSys AG gets an overall score of 3/5.
Sector | Healthcare |
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Industry | Biotechnology |
ISIN | US6177602025 |
CurrencyCode | USD |
Exchange | NASDAQ |
Market Cap | 672M |
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PE Ratio | None |
Beta | 0.73 |
Target Price | 6.06 |
Dividend Yield | 0.0% |
MorphoSys AG, a commercial-stage biopharmaceutical company, engages in the discovery, development, and commercialization of therapeutic antibodies for patients suffering from cancer and autoimmune diseases in the United States. It offers Tafasitamab, an antibody for the treatment of B cell malignancies, including diffuse large B-cell lymphoma, follicular lymphoma, and marginal zone lymphoma. The company also develops Pelabresib, a small molecule to treat myelofibrosis; Felzartamab, an antibody directed against CD38 for the treatment of anti-PLA2R-positive membranous nephropathy, an autoimmune disease; and CPI-0209, a small molecule to promote anti-tumor activity by inhibiting EZH2 and EZH1. In addition, it develops Gantenerumab, an antibody for the treatment of Alzheimer's diseases; and Otilimab, an antibody for rheumatoid arthritis. The company has a regional licensing agreement with I-Mab Biopharma to develop and commercialize felzartamab in China, Taiwan, Hong Kong, and Macau; a strategic alliance with the LEO Pharma; a joint collaboration and license agreement with Incyte Corporation to develop and commercialize MorphoSys investigational compound tafasitamab; and a clinical collaboration with Incyte Corporation and Xencor, Inc. to investigate the combination of tafasitamab, plamotamab, and lenalidomide in patients with relapsed or refractory diffuse large B-cell lymphoma, and relapsed or refractory follicular lymphoma. MorphoSys AG was founded in 1992 and is headquartered in Planegg, Germany.
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