Compass Pathways plc is a United Kingdom-based biotechnology company dedicated to accelerating patient access to evidence-based innovation in mental health. The Company is engaged in the development of psilocybin treatment, in which its investigational COMP360 psilocybin is administered in conjunction with psychological support, COMP360 psilocybin treatment. COMP360 is its proprietary psilocybin formulation that includes its pharmaceutical-grade polymorphic crystalline psilocybin, optimized for stability and purity. The Company’s initial focus is on treatment-resistant depression (TRD), comprising patients who are inadequately served by the current treatment paradigm. It commenced its Phase III program evaluating its COMP360 psilocybin treatment in TRD. In addition, the Company has ongoing Phase II trials in PTSD and anorexia nervosa. It also provides support to research institutions conducting investigator-initiated studies with COMP360 psilocybin in areas of serious unmet need.
High Profit Growth
The company's net income leads the industry, with the latest annual income totaling USD 69.52.
Undervalued
The company’s latest PE is -2.81, at a low 3-year percentile range.
Institutional Buying
The latest institutional holdings are 64.72M shares, increasing 4.73% quarter-over-quarter.
Held by Catherine Wood
Star Investor Catherine Wood holds 1.65M shares of this stock.
Lower Market Activity
The company has less investor interest, with a 20-day turnover ratio of 0.31.