Its valuation is considered fairly valued, Institutional ownership is very high.Over the past month, multiple analysts have rated it as Hold, with the highest price target at max_target_price.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Tourmaline Bio Inc's Score
Industry at a Glance
Industry Ranking
268 / 501
Overall Ranking
479 / 4682
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
0
analysts
--
Current Rating
48.000
Target Price
+0.04%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
Tourmaline Bio Inc Highlights
StrengthsRisks
Tourmaline Bio, Inc. is a late-stage clinical biotechnology company. The Company is focused on developing transformative medicines that improve the lives of patients with life-altering immune and inflammatory diseases. The Company’s initial product candidate is TOUR006, a fully human monoclonal antibody that selectively binds to interleukin-6 (IL-6), a key proinflammatory cytokine involved in the pathogenesis of many autoimmune and inflammatory disorders. TOUR006 is a long-acting anti-IL-6 antibody which has properties, including a high binding affinity to IL-6, long half-life, and low observed immunogenicity. It is also developing TOUR006 in thyroid eye disease (TED) and atherosclerotic cardiovascular disease (ASCVD) as its first two indications, with additional diseases under consideration. It is focused on two strategic paths for TOUR006, the first of which it refers to as FcRn+. Its second strategic path is cardiovascular inflammation.
Undervalued
The company’s latest PE is -13.94, at a low 3-year percentile range.
Institutional Selling
The latest institutional holdings are 22.96M shares, decreasing 27.02% quarter-over-quarter.
Tourmaline Bio, Inc. is a late-stage clinical biotechnology company. The Company is focused on developing transformative medicines that improve the lives of patients with life-altering immune and inflammatory diseases. The Company’s initial product candidate is TOUR006, a fully human monoclonal antibody that selectively binds to interleukin-6 (IL-6), a key proinflammatory cytokine involved in the pathogenesis of many autoimmune and inflammatory disorders. TOUR006 is a long-acting anti-IL-6 antibody which has properties, including a high binding affinity to IL-6, long half-life, and low observed immunogenicity. It is also developing TOUR006 in thyroid eye disease (TED) and atherosclerotic cardiovascular disease (ASCVD) as its first two indications, with additional diseases under consideration. It is focused on two strategic paths for TOUR006, the first of which it refers to as FcRn+. Its second strategic path is cardiovascular inflammation.
Ticker SymbolTRML
CompanyTourmaline Bio Inc
CEODr. Sandeep Kulkarni, M.D.
Websitehttps://www.tourmalinebio.com/
FAQs
What is the current price of Tourmaline Bio Inc (TRML)?
The current price of Tourmaline Bio Inc (TRML) is 47.980.
What is the symbol of Tourmaline Bio Inc?
The ticker symbol of Tourmaline Bio Inc is TRML.
What is the 52-week high of Tourmaline Bio Inc?
The 52-week high of Tourmaline Bio Inc is 48.270.
What is the 52-week low of Tourmaline Bio Inc?
The 52-week low of Tourmaline Bio Inc is 11.560.
What is the market capitalization of Tourmaline Bio Inc?
The market capitalization of Tourmaline Bio Inc is 1.23B.
What is the net income of Tourmaline Bio Inc?
The net income of Tourmaline Bio Inc is -73.21M.
Is Tourmaline Bio Inc (TRML) currently rated as Buy, Hold, or Sell?
According to analysts, Tourmaline Bio Inc (TRML) has an overall rating of --, with a price target of 48.000.
What is the Earnings Per Share (EPS TTM) of Tourmaline Bio Inc (TRML)?
The Earnings Per Share (EPS TTM) of Tourmaline Bio Inc (TRML) is -3.442.