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Wave Life Sciences Ltd is currently in a long term downtrend where the price is trading 16.0% below its 200 day moving average.
From a valuation standpoint, the stock is 99.1% cheaper than other stocks from the Healthcare sector with a price to sales ratio of 12.4.
Wave Life Sciences Ltd's total revenue rose by 293.3% to $9M since the same quarter in the previous year.
Its net income has increased by 49.3% to $-29M since the same quarter in the previous year.
Finally, its free cash flow grew by 48.9% to $-32M since the same quarter in the previous year.
Based on the above factors, Wave Life Sciences Ltd gets an overall score of 4/5.
Industry | Biotechnology |
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Exchange | NASDAQ |
CurrencyCode | USD |
ISIN | USY953081053 |
Sector | Healthcare |
Market Cap | 1B |
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PE Ratio | None |
Target Price | 22.25 |
Beta | -0.94 |
Dividend Yield | None |
Wave Life Sciences Ltd., a clinical-stage biotechnology company, designs, develops, and commercializes ribonucleic acid (RNA) medicines through PRISM, a discovery and drug development platform. The company's RNA medicines platform, PRISM, combines multiple modalities, chemistry innovation, and deep insights into human genetics to deliver scientific breakthroughs that treat both rare and prevalent disorders. It is developing WVE-006, an RNA editing oligonucleotide for the treatment of alpha-1 antitrypsin deficiency; WVE-007, a GalNAc-conjugated small interfering RNA designed to silence INHBE mRNA targeting obesity; WVE-N531, an exon skipping oligonucleotide for the treatment of Duchenne muscular dystrophy; and WVE-003, an allele-selective oligonucleotide for the treatment of Huntington's disease (HD). The company has collaboration agreements with GlaxoSmithKline for the research, development, and commercialization of oligonucleotide therapeutics; Takeda Pharmaceutical Company Limited for the research, development, and commercialization of oligonucleotide therapeutics for disorders of the Central Nervous System; and Asuragen, Inc. for the development and potential commercialization of companion diagnostics for investigational allele-selective therapeutic programs targeting HD. Wave Life Sciences Ltd. was incorporated in 2012 and is based in Singapore.
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