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Analysis
Abeona Therapeutics Inc. (ABEO)
Abeona Therapeutics Inc. (ABEO)
Ranking:
Sell
Implies negative momentum
Stock Name: Abeona Therapeutics Inc.
Symbol: ABEO
Market Cap: $255M
Industry: Biotechnology
Sector: Healthcare
Website: https://www.abeonatherapeutics.com
About Abeona Therapeutics Inc.

Abeona Therapeutics Inc., a clinical-stage biopharmaceutical company, develops gene and cell therapies for life-threatening rare genetic diseases. Its lead program is EB-101, an autologous, gene-corrected cell therapy that is in Phase III clinical trial for recessive dystrophic epidermolysis bullosa. The company also develops ABO-102, an adeno-associated virus (AAV)-based gene therapy for Sanfilippo syndrome type A; ABO-201 to treat CLN3 disease; ABO-401 for the treatment of cystic fibrosis; and ABO-50X for the treatment of genetic eye disorders Please visit their website for more information.

Overview:
Last Close: $5.86
52 Week: $3.17-$8.68
MVA50: 6.10
MVA200: 5.49
RSI: 41.27
Buy/Sell*: 32.03
1-Month change: -11.60%
3-Month change: 5.97%
*Proprietary Buy Sell Volume Indicator
Price Chart For ABEO
Financial Parameters Most Recent Quarter: (2024-Q3),2024-09-30
Revenue: $0M
Revenue Growth (YOY): nan%
Profit (% of Rev): nan%
Income (% of Rev): -inf%
Income Growth (YOY): 155.74%
Operating Income: $-15M
Operating Cash Flow: $-12M
Operating Cash Flow Growth (YoY): 112.91%
Annual Dividend Yield: 0.00%
Total Assets: $121M
Total Liabilities: $75M
Cash & Equivalent: $16M
Total Debt: $23M
Debt/Equity: 0.50
Quick Ratio: 6.12
Current Ratio: 6.12
Price/Book: 6.64
Price/Earnings: -2.51
EBITDA: $-15M
EPS: -0.63
Our Approach

Our proprietary analysis employs a weighted average approach integrating both functional and technical parameters, tailored to the sector, industry, and microeconomic factors. This methodology assigns dynamic weights to the parameters, with a focus on recent trends, ensuring a nuanced evaluation for informed investment decisions. Considering all the above parameters, in addition to some of the derived parameters of the stock in conjunction with its sector and macroeconomic conditions, our proprietary Weighted Average AI model gives a rank of Sell.

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