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Sonnet BioTherapeutics Holdings, Inc is currently in a long term downtrend where the price is trading 40.1% below its 200 day moving average.
From a valuation standpoint, the stock is 100.0% cheaper than other stocks from the Healthcare sector with a price to sales ratio of 0.0.
Sonnet BioTherapeutics Holdings, Inc's total revenue rose by 100.0% to $0 since the same quarter in the previous year.
Its net income has dropped by 138.0% to $-6M since the same quarter in the previous year.
Finally, its free cash flow fell by 172.3% to $-5M since the same quarter in the previous year.
Based on the above factors, Sonnet BioTherapeutics Holdings, Inc gets an overall score of 2/5.
ISIN | US83548R1059 |
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Exchange | NASDAQ |
CurrencyCode | USD |
Sector | Healthcare |
Industry | Biotechnology |
PE Ratio | None |
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Target Price | 20 |
Market Cap | 4M |
Beta | 0.99 |
Dividend Yield | None |
Sonnet BioTherapeutics Holdings, Inc., a biotechnology company, owns a platform for biologic medicines of single or bifunctional action. The company develops fully human albumin binding technology, which utilizes human single chain antibodies fragment that binds to and hitch-hikes on human serum albumin for transport to target tissues. Its lead product candidate is SON-1010, a fully human single-chain version of interleukin 12 for the treatment of solid tumor indications, including ovarian cancer, non-small cell lung cancer, and head and neck cancer. The company is also developing SON-080, a fully human version of interleukin 6 to treat chemotherapy-induced peripheral neuropathy (CIPN), and diabetic peripheral neuropathy; SON-1210, a bispecific compound for solid tumor indications, including colorectal cancer; SON-1411, a bifunctional combination of human interleukin 18 (IL-18) inhibitor binding protein and single-chain human IL-12 (IL-12) for solid tumor cancers; and SON-1400, a monofunctional fusion protein comprising the IL-18 binding protein resistant domain linked to the FHAB. It has a license agreement with New Life Therapeutics Pte, Ltd. to develop and commercialize pharmaceutical preparations containing a specific recombinant human interleukin-6; and strategic development collaboration with Sarcoma Oncology Center to advance SON-1210. The company is headquartered in Princeton, New Jersey.
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