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Beyond Air, Inc is currently in a long term uptrend where the price is trading 6.3% above its 200 day moving average.
From a valuation standpoint, the stock is 87.1% cheaper than other stocks from the Healthcare sector with a price to sales ratio of 173.0.
Beyond Air, Inc's total revenue sank by 52.7% to $149K since the same quarter in the previous year.
Its net income has increased by 99.9% to $-6K since the same quarter in the previous year.
Finally, its free cash flow fell by 213.4% to $-15M since the same quarter in the previous year.
Based on the above factors, Beyond Air, Inc gets an overall score of 3/5.
Exchange | NASDAQ |
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CurrencyCode | USD |
ISIN | US08862L1035 |
Sector | Healthcare |
Industry | Medical Devices |
Beta | 0.16 |
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Market Cap | 20M |
Target Price | 2.25 |
PE Ratio | None |
Dividend Yield | None |
Beyond Air, Inc., a commercial-stage medical device and biopharmaceutical company, develops the Lungfit platform, a nitric oxide (NO) generator and delivery system platform. It operates through two segments, Beyond Air and Beyond Cancer. The company offers Lungfit PH for the treatment of persistent pulmonary hypertension of the newborn. It is also developing LungFit PRO for the treatment of viral lung infections, such as community-acquired pneumonia, including COVID-19, as well as bronchiolitis in hospitalized patients; and LungFit GO for the treatment of nontuberculous mycobacteria. In addition, the company develops ultra-high concentration NO in Phase 1 clinical trial to treat solid tumors. It has a collaboration with the Yissum Research Development Company of the Hebrew University of Jerusalem, LTD to acquire the commercial rights for neuronal nitric oxide synthase inhibitors to treat autism spectrum disorder and other neurological conditions. The company was formerly known as AIT Therapeutics, Inc. and changed its name to Beyond Air, Inc. in June 2019. Beyond Air, Inc. was founded in 2011 and is headquartered in Garden City, New York.
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