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Analysis
Sagimet Biosciences Inc. (SGMT)
Sagimet Biosciences Inc. (SGMT)
Ranking:
Sell
Implies negative momentum
Stock Name: Sagimet Biosciences Inc.
Symbol: SGMT
Market Cap: $145M
Industry: Biotechnology
Sector: Healthcare
Website: https://sagimet.com
About Sagimet Biosciences Inc.

Sagimet Biosciences Inc., a clinical-stage biopharmaceutical company, develops therapeutics called fatty acid synthase (FASN) inhibitors for the treatment of diseases that result from dysfunctional lipid metabolism pathways. Its lead drug candidate is Denifanstat, a FASN inhibitor for the treatment of nonalcoholic steatohepatitis and acne. The company is also developing TVB-3567, a FASN inhibitor for the treatment of various types of cancers. The company was formerly known as 3-V Biosciences, Inc Please visit their website for more information.

Overview:
Last Close: $4.73
52 Week: $2.33-$18.42
MVA50: 4.80
MVA200: 5.04
RSI: 51.13
Buy/Sell*: 54.40
1-Month change: 12.05%
3-Month change: 29.60%
*Proprietary Buy Sell Volume Indicator
Price Chart For SGMT
Financial Parameters Most Recent Quarter: (2024-Q3),2024-09-30
Revenue: $0M
Revenue Growth (YOY): -100.00%
Profit (% of Rev): nan%
Income (% of Rev): -inf%
Income Growth (YOY): 130.11%
Operating Income: $-17M
Operating Cash Flow: $-20M
Operating Cash Flow Growth (YoY): 404.49%
Annual Dividend Yield: 0.00%
Total Assets: $175M
Total Liabilities: $4M
Cash & Equivalent: $77M
Total Debt: $0M
Debt/Equity: 0.00
Quick Ratio: 38.41
Current Ratio: 38.41
Price/Book: 0.52
Price/Earnings: -1.52
EBITDA: $-17M
EPS: -0.45
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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