ProMIS Neurosciences Inc's fundamentals are relatively very healthy, and its growth potential is high.Its valuation is considered fairly valued, ranking 102/404 in the Biotechnology & Medical Research industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 134.38.In the medium term, the stock price is expected to trend down.Despite a very weak market performance over the past month, the company shows strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
ProMIS Neurosciences Inc's Score
Industry at a Glance
Industry Ranking
102 / 404
Overall Ranking
221 / 4582
Industry
Biotechnology & Medical Research
Support & Resistance
Relevant data have not been disclosed by the company yet.
Score Analysis
Current score
Previous score
Analyst Rating
Based on
4
analysts
Buy
Current Rating
134.375
Target Price
+1663.45%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
ProMIS Neurosciences Inc Highlights
StrengthsRisks
ProMIS Neurosciences Inc. is a clinical-stage biotechnology company. It is focused on generating and developing antibody therapeutics selectively targeting toxic misfolded proteins in neurodegenerative diseases such as Alzheimer’s disease (AD), amyotrophic lateral sclerosis (ALS) and multiple system atrophy (MSA). Its proprietary target discovery engine applies a thermodynamic, computational discovery platform-ProMIS and Collective Coordinates-to predict novel targets known as Disease Specific Epitopes on the molecular surface of misfolded proteins. Using this approach, the Company is developing novel antibody therapeutics for AD, ALS and MSA. Its product candidates are PMN310, PMN267, and PMN442. The PMN310 is a monoclonal antibody designed to treat AD by selectively targeting toxic, misfolded oligomers of amyloid-beta. PMN267 product candidate targeting ALS. PMN442 is a drug candidate being developed for MSA designed to selectively target and protect against pathogenic a-syn species.
Turnaround to Profit
The company's performance has turned profitable, with the latest annual net income of USD .
Overvalued
The company’s latest PE is -0.42, at a high 3-year percentile range.
Institutional Selling
The latest institutional holdings are 11.58M shares, decreasing 17.80% quarter-over-quarter.
Lower Market Activity
The company has less investor interest, with a 20-day turnover ratio of -0.47.
ProMIS Neurosciences Inc. is a clinical-stage biotechnology company. It is focused on generating and developing antibody therapeutics selectively targeting toxic misfolded proteins in neurodegenerative diseases such as Alzheimer’s disease (AD), amyotrophic lateral sclerosis (ALS) and multiple system atrophy (MSA). Its proprietary target discovery engine applies a thermodynamic, computational discovery platform-ProMIS and Collective Coordinates-to predict novel targets known as Disease Specific Epitopes on the molecular surface of misfolded proteins. Using this approach, the Company is developing novel antibody therapeutics for AD, ALS and MSA. Its product candidates are PMN310, PMN267, and PMN442. The PMN310 is a monoclonal antibody designed to treat AD by selectively targeting toxic, misfolded oligomers of amyloid-beta. PMN267 product candidate targeting ALS. PMN442 is a drug candidate being developed for MSA designed to selectively target and protect against pathogenic a-syn species.
Ticker SymbolPMN
CompanyProMIS Neurosciences Inc
CEOWarma (Neil K)
Websitehttps://www.promisneurosciences.com/
FAQs
What is the current price of ProMIS Neurosciences Inc (PMN)?
The current price of ProMIS Neurosciences Inc (PMN) is 8.600.
What is the symbol of ProMIS Neurosciences Inc?
The ticker symbol of ProMIS Neurosciences Inc is PMN.
What is the 52-week high of ProMIS Neurosciences Inc?
The 52-week high of ProMIS Neurosciences Inc is 39.750.
What is the 52-week low of ProMIS Neurosciences Inc?
The 52-week low of ProMIS Neurosciences Inc is 6.270.
What is the market capitalization of ProMIS Neurosciences Inc?
The market capitalization of ProMIS Neurosciences Inc is 18.51M.
What is the net income of ProMIS Neurosciences Inc?
The net income of ProMIS Neurosciences Inc is 2.78M.
Is ProMIS Neurosciences Inc (PMN) currently rated as Buy, Hold, or Sell?
According to analysts, ProMIS Neurosciences Inc (PMN) has an overall rating of Buy, with a price target of 134.375.
What is the Earnings Per Share (EPS TTM) of ProMIS Neurosciences Inc (PMN)?
The Earnings Per Share (EPS TTM) of ProMIS Neurosciences Inc (PMN) is -20.189.