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Forte Biosciences Inc

FBRX
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76.600USD
-0.380-0.49%
Close 07-31 16:00ETQuotes delayed by 15 min
1.57BMarket Cap
LossP/E TTM

Forte Biosciences Inc

76.600
-0.380-0.49%
View Detailed Chart
TradingKey Chart
Intraday
1m
30m
1h
D
W
M
D

Today

-0.49%

5 Days

+39.83%

1 Month

+266.16%

6 Months

+122.09%

Year to Date

+180.89%

1 Year

+697.09%

Key Figures
76.620Open
76.740High
794.10KVolume
LossP/E TTM
LossP/E Dynamic
--Dividend TTM
5.71%Turnover Ratio
76.980Prev. Close
76.540Low
30.28MTurnover
LossP/E Static
25.31P/B
0.00%Div Yield TTM
-132.29%ROA
35.80052wk High
0.13Volume Ratio
-35.48MNet Profit
13.91MShares
-4.5812EPS TTM
2.91Beta
-188.40%ROE
7.78052wk Low
0.26%Amplitude
--Gross Margin
1.57BMarket Cap
36.66Reward/Risk
7.56%Risk Rate

Key Insights

Forte Biosciences Inc's fundamentals are relatively very healthy, and its growth potential is high.Its valuation is considered fairly valued, ranking 49 out of 385 in the Biotechnology & Medical Research industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Hold, with the highest price target at 73.80.In the medium term, the stock price is expected to trend up.The company has been performing strongly in the stock market over the past month, which is supported by its strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.

Forte Biosciences Inc's Score

Industry at a Glance

Industry Ranking
49 / 385
Overall Ranking
122 / 4281
Industry
Biotechnology & Medical Research

Support & Resistance

Relevant data have not been disclosed by the company yet.

Score Analysis

Current score
Previous score

Media Coverage

Last 24 hours
Coverage Level

Very Low
Very High
Positive

Forte Biosciences Inc Highlights

StrengthsRisks
Forte Biosciences, Inc. is a clinical-stage biopharmaceutical company that is advancing FB102, which is an anti-CD122 monoclonal antibody therapeutic candidate with potentially broad autoimmune and autoimmune-related indications. It is advancing clinical development of FB102 into patient-based trials for celiac disease and non-segmental vitiligo. The Company's FB102 program focuses on addressing key pathways implicated in these indications with a CD122 antagonist. CD122 is a subunit of IL-2/IL-15 receptors which are key regulators of NK cells and certain T cell subsets. FB102 has potentially other autoimmune and autoimmune-related applications including vitiligo, alopecia areata, and type 1 diabetes (T1D). Its subsidiaries include Forte Subsidiary, Inc. and Forte Biosciences Australia Proprietary Limited.
High Profit Growth
The company's net income leads the industry, with the latest annual income totaling USD 0.00.
Undervalued
The company’s latest PE is -16.72, at a low 3-year percentile range.
Institutional Buying
The latest institutional holdings are 12.72M shares, increasing 2.22% quarter-over-quarter.
Held by Bill Nygren | OAKMX
Star Investor Bill Nygren | OAKMX holds 13.31K shares of this stock.
Higher Market Activity
The company has more investor interest, with a 20-day turnover ratio of 1.48.

Analyst Rating

Based on 5 analysts
Hold
Current Rating
73.800
Target Price
-3.66%
Upside Space

Forte Biosciences Inc News

More news coming soon, stay tuned...

Earnings Forecast

Analyst Rating

Based on 5 analysts
Hold
Current Rating
73.800
Target Price
-3.66%
Upside Space
Strong Buy
Buy
Hold
Sell
Strong Sell

Peer Comparison

496
Total
6
Median
7
Average
Company name
Ratings
Analysts
Forte Biosciences Inc
FBRX
5
Beigene Ltd
ONC
28
Ionis Pharmaceuticals Inc
IONS
27
argenx SE
ARGX
26
Kymera Therapeutics Inc
KYMR
24
Insmed Inc
INSM
23
1
2
3
...
99

Indicators

Indicators
Sell(2)
Neutral(1)
Buy(1)
Indicators
Value
Direction
MACD(12,26,9)
5.233
Buy
RSI(14)
84.781
Overbought
STOCH(KDJ)(9,3,3)
98.016
Overbought
ATR(14)
5.490
High Vlolatility
CCI(14)
93.283
Neutral
Williams %R
1.645
Overbought
TRIX(12,20)
5.683
Sell
StochRSI(14)
0.000
Sell
Moving Average
Sell(1)
Neutral(0)
Buy(5)
Indicators
Value
Direction
MA5
76.652
Sell
MA10
65.259
Buy
MA20
51.089
Buy
MA50
31.823
Buy
MA100
29.530
Buy
MA200
26.410
Buy

Financial Indicators

EPS

Relevant data have not been disclosed by the company yet.

Total revenue

Relevant data have not been disclosed by the company yet.

Forte Biosciences Inc Info

Forte Biosciences, Inc. is a clinical-stage biopharmaceutical company that is advancing FB102, which is an anti-CD122 monoclonal antibody therapeutic candidate with potentially broad autoimmune and autoimmune-related indications. It is advancing clinical development of FB102 into patient-based trials for celiac disease and non-segmental vitiligo. The Company's FB102 program focuses on addressing key pathways implicated in these indications with a CD122 antagonist. CD122 is a subunit of IL-2/IL-15 receptors which are key regulators of NK cells and certain T cell subsets. FB102 has potentially other autoimmune and autoimmune-related applications including vitiligo, alopecia areata, and type 1 diabetes (T1D). Its subsidiaries include Forte Subsidiary, Inc. and Forte Biosciences Australia Proprietary Limited.
Ticker SymbolFBRX
CompanyForte Biosciences Inc
CEOWagner (Paul A)
Websitehttps://www.fortebiorx.com/home/default.aspx

Shareholders

Shareholders
Shareholders
Proportion
Federated Hermes Global Investment Management Corp.
8.62%
Fred Alger Management, LLC
7.13%
Janus Henderson Investors
6.96%
OrbiMed Advisors, LLC
5.84%
Affinity Asset Advisors LLC
3.97%
Other
67.47%

FAQs

What is the current price of Forte Biosciences Inc (FBRX)?

The current price of Forte Biosciences Inc (FBRX) is 76.60.

What is the symbol of Forte Biosciences Inc?

The ticker symbol of Forte Biosciences Inc is FBRX.

What is the 52-week high of Forte Biosciences Inc?

The 52-week high of Forte Biosciences Inc is 35.80.

What is the 52-week low of Forte Biosciences Inc?

The 52-week low of Forte Biosciences Inc is 7.78.

What is the market capitalization of Forte Biosciences Inc?

The market capitalization of Forte Biosciences Inc is 1.57B.

Is Forte Biosciences Inc (FBRX) currently rated as Buy, Hold, or Sell?

According to analysts, Forte Biosciences Inc (FBRX) has an overall rating of signal_hold, with a price target of 73.80.

What is the Earnings Per Share (EPS TTM) of Forte Biosciences Inc (FBRX)?

The Earnings Per Share (EPS TTM) of Forte Biosciences Inc (FBRX) is -4.71.
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