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1 Comment
Arcus Biosciences, Inc is currently in a long term downtrend where the price is trading 1.4% below its 200 day moving average.
From a valuation standpoint, the stock is 98.3% cheaper than other stocks from the Healthcare sector with a price to sales ratio of 23.0.
Arcus Biosciences, Inc's total revenue sank by 2.7% to $9M since the same quarter in the previous year.
Its net income has dropped by 212.4% to $-52M since the same quarter in the previous year.
Finally, its free cash flow grew by 99.5% to $-51K since the same quarter in the previous year.
Based on the above factors, Arcus Biosciences, Inc gets an overall score of 2/5.
Industry | Biotechnology |
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ISIN | US03969F1093 |
Sector | Healthcare |
Exchange | NYSE |
CurrencyCode | USD |
Beta | 1.54 |
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Market Cap | 890M |
PE Ratio | None |
Target Price | 30.3636 |
Dividend Yield | None |
Arcus Biosciences, Inc., a clinical-stage biopharmaceutical company, develops and commercializes cancer therapies in the United States. The company's development product portfolio includes Casdatifan, a HIF-2a inhibitor for the treatment of kidney cancer; and Domvanalimab, an anti-TIGIT antibody, which is in Phase 2 and Phase 3 clinical trial for lung and gastrointestinal cancers. It also develops Quemliclustat, a small molecule inhibitor that targets the CD73 enzyme in the ATP-adenosine pathway, which is in phase 3 and phase 1/1b clinical trial for lung and pancreatic cancer; Etrumadenant, a dual A2a/A2b adenosine receptor antagonist, which is in phase 2 clinical trial for colorectal cancer; and Zimberelimab, an anti-PD-1 antibody. In addition, the company develops AB598, a CD39 antibody, which is in phase 1/1b clinical study for gastrointestinal cancer; and AB801, an AXL inhibitor, which is in Phase 1b clinical trial for lung cancer. It has clinical collaboration with AstraZeneca for the Phase 3 PACIFIC-8 trial evaluating domvanalimab and durvalumab in Stage 3 NSCLC and for a Phase 1/1b study evaluating casdatifan and volrustomig in IO-naive patients with ccRCC; and BVF Partners L.P. to support the discovery and development of compounds for the treatment of inflammatory diseases. Arcus Biosciences, Inc. was incorporated in 2015 and is based in Hayward, California.
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