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Acumen Pharmaceuticals Inc

ABOS
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2.180USD
-0.100-4.39%
Close 05/18, 16:00ETQuotes delayed by 15 min
157.46MMarket Cap
LossP/E TTM

Acumen Pharmaceuticals Inc

2.180
-0.100-4.39%
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Intraday
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D

Today

-4.39%

5 Days

-15.18%

1 Month

-22.70%

6 Months

+31.33%

Year to Date

+3.32%

1 Year

+103.74%

Key Insights

Acumen Pharmaceuticals Inc's fundamentals are relatively weak, with an industry-leading ESG disclosure.and its growth potential is high.Its valuation is considered fairly valued, ranking 95 out of 381 in the Biotechnology & Medical Research industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Strong Buy, with the highest price target at 7.20.In the medium term, the stock price is expected to trend down.Despite a very weak stock market performance over the past month, the company shows strong technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.

Acumen Pharmaceuticals Inc's Score

Industry at a Glance

Industry Ranking
95 / 381
Overall Ranking
216 / 4479
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
Neutral

Acumen Pharmaceuticals Inc Highlights

StrengthsRisks
Acumen Pharmaceuticals, Inc. is a clinical-stage biopharmaceutical company. The Company is engaged in developing a disease-modifying approach to target underlying cause of Alzheimer's disease (AD). The Company is focused on advancing a targeted immunotherapy drug candidate, sabirnetug (ACU193), in its Phase II ALTITUDE-AD clinical trial following Phase I results in early AD patients (patients with mild cognitive impairment or mild dementia due to AD). Sabirnetug is a recombinant humanized immunoglobulin gamma 2 (IgG2), monoclonal antibody (mAb) that selectively targets the anti-amyloid-beta oligomer, has demonstrated functional and protective effects in in-vitro assays, and has demonstrated in-vivo safety and pharmacologic activity in multiple animal species including transgenic mouse models for AD. The Company is developing sabirnetug for IV administration once every four weeks (Q4W) for the treatment of early AD, and it has developing sabirnetug for subcutaneous administration.
High Profit Growth
The company's net income leads the industry, with the latest annual income totaling USD 0.00.
Fairly Valued
The company’s latest PE is -1.17, at a medium 3-year percentile range.
Institutional Buying
The latest institutional holdings are 45.02M shares, increasing 1.51% quarter-over-quarter.
Held by Steven Cohen
Star Investor Steven Cohen holds 67.38K shares of this stock.
Lower Market Activity
The company has less investor interest, with a 20-day turnover ratio of -0.23.

Analyst Rating

Based on 6 analysts
Strong Buy
Current Rating
7.200
Target Price
+215.79%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.

Acumen Pharmaceuticals Inc News

More news coming soon, stay tuned...

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.

Acumen Pharmaceuticals Inc Info

Acumen Pharmaceuticals, Inc. is a clinical-stage biopharmaceutical company. The Company is engaged in developing a disease-modifying approach to target underlying cause of Alzheimer's disease (AD). The Company is focused on advancing a targeted immunotherapy drug candidate, sabirnetug (ACU193), in its Phase II ALTITUDE-AD clinical trial following Phase I results in early AD patients (patients with mild cognitive impairment or mild dementia due to AD). Sabirnetug is a recombinant humanized immunoglobulin gamma 2 (IgG2), monoclonal antibody (mAb) that selectively targets the anti-amyloid-beta oligomer, has demonstrated functional and protective effects in in-vitro assays, and has demonstrated in-vivo safety and pharmacologic activity in multiple animal species including transgenic mouse models for AD. The Company is developing sabirnetug for IV administration once every four weeks (Q4W) for the treatment of early AD, and it has developing sabirnetug for subcutaneous administration.
Ticker SymbolABOS
CompanyAcumen Pharmaceuticals Inc
CEOO'Connell (Daniel J)
Websitehttps://acumenpharm.com/
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