Sagimet Biosciences Inc's fundamentals are relatively very healthy, and its growth potential is high.Its valuation is considered fairly valued, ranking 101/404 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 26.33.In the medium term, the stock price is expected to trend down.Despite a weak stock 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.
Sagimet Biosciences Inc's Score
Industry at a Glance
Industry Ranking
101 / 404
Overall Ranking
218 / 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
10
analysts
Buy
Current Rating
26.333
Target Price
+325.42%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
Sagimet Biosciences Inc Highlights
StrengthsRisks
Sagimet Biosciences Inc. is a clinical-stage biopharmaceutical company developing fatty acid synthase (FASN) inhibitors that are designed to target dysfunctional metabolic and fibrotic pathways in diseases resulting from the overproduction of the fatty acid, palmitate. The Company's lead drug candidate, denifanstat, is an oral, once-daily pill and selective FASN inhibitor in development for the treatment of metabolic dysfunction associated steatohepatitis (MASH). Denifanstat has been granted Breakthrough Therapy designation by the FDA for the treatment of non-cirrhotic MASH with moderate to advanced liver fibrosis. The Company is also exploring the use of its FASN inhibitors, which include denifanstat and its pipeline product candidate, TVB-3567, in acne and in select forms of cancer. Denifanstat is being tested in China by its license partner, Ascletis BioScience Co. Ltd., for moderate to severe acne vulgaris and recurrent glioblastoma multiforme in combination with bevacizumab.
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 -3.51, at a medium 3-year percentile range.
Institutional Selling
The latest institutional holdings are 11.98M shares, decreasing 42.97% quarter-over-quarter.
Sagimet Biosciences Inc. is a clinical-stage biopharmaceutical company developing fatty acid synthase (FASN) inhibitors that are designed to target dysfunctional metabolic and fibrotic pathways in diseases resulting from the overproduction of the fatty acid, palmitate. The Company's lead drug candidate, denifanstat, is an oral, once-daily pill and selective FASN inhibitor in development for the treatment of metabolic dysfunction associated steatohepatitis (MASH). Denifanstat has been granted Breakthrough Therapy designation by the FDA for the treatment of non-cirrhotic MASH with moderate to advanced liver fibrosis. The Company is also exploring the use of its FASN inhibitors, which include denifanstat and its pipeline product candidate, TVB-3567, in acne and in select forms of cancer. Denifanstat is being tested in China by its license partner, Ascletis BioScience Co. Ltd., for moderate to severe acne vulgaris and recurrent glioblastoma multiforme in combination with bevacizumab.
Ticker SymbolSGMT
CompanySagimet Biosciences Inc
CEOHappel (David)
Websitehttps://sagimet.com/
FAQs
What is the current price of Sagimet Biosciences Inc (SGMT)?
The current price of Sagimet Biosciences Inc (SGMT) is 6.240.
What is the symbol of Sagimet Biosciences Inc?
The ticker symbol of Sagimet Biosciences Inc is SGMT.
What is the 52-week high of Sagimet Biosciences Inc?
The 52-week high of Sagimet Biosciences Inc is 11.410.
What is the 52-week low of Sagimet Biosciences Inc?
The 52-week low of Sagimet Biosciences Inc is 1.730.
What is the market capitalization of Sagimet Biosciences Inc?
The market capitalization of Sagimet Biosciences Inc is 202.93M.
What is the net income of Sagimet Biosciences Inc?
The net income of Sagimet Biosciences Inc is -45.57M.
Is Sagimet Biosciences Inc (SGMT) currently rated as Buy, Hold, or Sell?
According to analysts, Sagimet Biosciences Inc (SGMT) has an overall rating of Buy, with a price target of 26.333.
What is the Earnings Per Share (EPS TTM) of Sagimet Biosciences Inc (SGMT)?
The Earnings Per Share (EPS TTM) of Sagimet Biosciences Inc (SGMT) is -1.792.