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Larimar Therapeutics Inc

LRMR
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3.580USD
-0.310-7.97%
Close 05/15, 16:00ETQuotes delayed by 15 min
371.90MMarket Cap
LossP/E TTM

Larimar Therapeutics Inc

3.580
-0.310-7.97%
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Intraday
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D

Today

-7.97%

5 Days

-9.82%

1 Month

-24.15%

6 Months

+5.92%

Year to Date

-6.04%

1 Year

+80.81%

Key Insights

Larimar Therapeutics 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 128 out of 382 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 16.00.In the medium term, the stock price is expected to trend up.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.

Larimar Therapeutics Inc's Score

Industry at a Glance

Industry Ranking
128 / 382
Overall Ranking
254 / 4482
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

Larimar Therapeutics Inc Highlights

StrengthsRisks
Larimar Therapeutics, Inc. is a clinical-stage biotechnology company. The Company is focused on developing treatments for patients suffering from complex rare diseases using its novel cell penetrating peptide (CPP) technology platform. The Company’s lead product candidate, nomlabofusp, is a subcutaneously administered, recombinant fusion protein intended to deliver tissue frataxin (FXN), an essential protein, to the mitochondria of patients with Friedreich's ataxia (FA). FA is a rare, progressive, and fatal disease in which patients are unable to produce sufficient FXN due to a genetic abnormality. Its CPP platform, which enables a therapeutic molecule to cross a cell membrane in order to reach intracellular targets, has the potential to enable the treatment of other rare and orphan diseases. The Company intends to use its proprietary platform to target additional orphan indications characterized by deficiencies in or alterations of intracellular content or activity.
High Profit Growth
The company's net income leads the industry, with the latest annual income totaling USD 0.00.
Overvalued
The company’s latest PE is -1.67, at a high 3-year percentile range.
Institutional Selling
The latest institutional holdings are 82.28M shares, decreasing 14.66% quarter-over-quarter.
Held by Invesco
Star Investor Invesco holds 6.39K shares of this stock.
Lower Market Activity
The company has less investor interest, with a 20-day turnover ratio of -0.05.

Analyst Rating

Based on 9 analysts
Strong Buy
Current Rating
15.875
Target Price
+308.10%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.

Larimar Therapeutics Inc News

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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.

Larimar Therapeutics Inc Info

Larimar Therapeutics, Inc. is a clinical-stage biotechnology company. The Company is focused on developing treatments for patients suffering from complex rare diseases using its novel cell penetrating peptide (CPP) technology platform. The Company’s lead product candidate, nomlabofusp, is a subcutaneously administered, recombinant fusion protein intended to deliver tissue frataxin (FXN), an essential protein, to the mitochondria of patients with Friedreich's ataxia (FA). FA is a rare, progressive, and fatal disease in which patients are unable to produce sufficient FXN due to a genetic abnormality. Its CPP platform, which enables a therapeutic molecule to cross a cell membrane in order to reach intracellular targets, has the potential to enable the treatment of other rare and orphan diseases. The Company intends to use its proprietary platform to target additional orphan indications characterized by deficiencies in or alterations of intracellular content or activity.
Ticker SymbolLRMR
CompanyLarimar Therapeutics Inc
CEOBen-Maimon (Carole S)
Websitehttps://larimartx.com/
KeyAI