Spruce Biosciences Inc's fundamentals are relatively very healthy, and its growth potential is significant.Its valuation is considered fairly valued, ranking 220/404 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 209.50.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 fundamentals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Spruce Biosciences Inc's Score
Industry at a Glance
Industry Ranking
220 / 404
Overall Ranking
432 / 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
2
analysts
Buy
Current Rating
209.500
Target Price
+156.49%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
Spruce Biosciences Inc Highlights
StrengthsRisks
Spruce Biosciences, Inc. is a late-stage biopharmaceutical company focused on developing and commercializing therapies for neurological disorders with significant unmet medical need. The Company has acquired an exclusive worldwide license agreement for tralesinidase alfa enzyme replacement therapy (TA-ERT) for the treatment of Sanfilippo Syndrome Type B (MPS IIIB). The TA-ERT is a fusion protein comprised of recombinant human alpha-N-acetylglucosaminidase (rhNAGLU) with modified human insulin-like growth factor 2 via an amino acid linker. TA-ERT is intended as an enzyme replacement therapy for the treatment of patients with MPS IIIB who lack rhNAGLU enzyme activity. The Company's pipeline also includes Tildacerfont and Cortibon for the treatment of Major Depressive Disorder, SPR202 for the treatment of Congenital Adrenal Hyperplasia and SPR204 for the treatment of Post-Bariatric Hypoglycemia.
Growing
The company is in a growing phase, with the latest annual income totaling USD 4.91M.
Undervalued
The company’s latest PE is -0.94, at a low 3-year percentile range.
Institutional Selling
The latest institutional holdings are 157.14K shares, decreasing 69.51% quarter-over-quarter.
Spruce Biosciences, Inc. is a late-stage biopharmaceutical company focused on developing and commercializing therapies for neurological disorders with significant unmet medical need. The Company has acquired an exclusive worldwide license agreement for tralesinidase alfa enzyme replacement therapy (TA-ERT) for the treatment of Sanfilippo Syndrome Type B (MPS IIIB). The TA-ERT is a fusion protein comprised of recombinant human alpha-N-acetylglucosaminidase (rhNAGLU) with modified human insulin-like growth factor 2 via an amino acid linker. TA-ERT is intended as an enzyme replacement therapy for the treatment of patients with MPS IIIB who lack rhNAGLU enzyme activity. The Company's pipeline also includes Tildacerfont and Cortibon for the treatment of Major Depressive Disorder, SPR202 for the treatment of Congenital Adrenal Hyperplasia and SPR204 for the treatment of Post-Bariatric Hypoglycemia.
Ticker SymbolSPRB
CompanySpruce Biosciences Inc
CEOSzwarcberg (Javier)
Websitehttps://sprucebio.com/
FAQs
What is the current price of Spruce Biosciences Inc (SPRB)?
The current price of Spruce Biosciences Inc (SPRB) is 78.740.
What is the symbol of Spruce Biosciences Inc?
The ticker symbol of Spruce Biosciences Inc is SPRB.
What is the 52-week high of Spruce Biosciences Inc?
The 52-week high of Spruce Biosciences Inc is 240.000.
What is the 52-week low of Spruce Biosciences Inc?
The 52-week low of Spruce Biosciences Inc is 4.275.
What is the market capitalization of Spruce Biosciences Inc?
The market capitalization of Spruce Biosciences Inc is 44.37M.
What is the net income of Spruce Biosciences Inc?
The net income of Spruce Biosciences Inc is -53.04M.
Is Spruce Biosciences Inc (SPRB) currently rated as Buy, Hold, or Sell?
According to analysts, Spruce Biosciences Inc (SPRB) has an overall rating of Buy, with a price target of 209.500.
What is the Earnings Per Share (EPS TTM) of Spruce Biosciences Inc (SPRB)?
The Earnings Per Share (EPS TTM) of Spruce Biosciences Inc (SPRB) is -83.973.