NASDAQ:CNTB

Connect Biopharma (CNTB) Stock Price, News & Analysis

$1.34
-0.02 (-1.47%)
(As of 04/26/2024 ET)
Today's Range
$1.30
$1.40
50-Day Range
$1.11
$2.20
52-Week Range
$0.53
$2.84
Volume
58,379 shs
Average Volume
176,240 shs
Market Capitalization
$73.79 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$6.50

Connect Biopharma MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
385.1% Upside
$6.50 Price Target
Short Interest
Healthy
0.16% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.67mentions of Connect Biopharma in the last 14 days
Based on 3 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Decreasing
From $0.54 to ($0.63) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.58 out of 5 stars

Medical Sector

263rd out of 914 stocks

Pharmaceutical Preparations Industry

106th out of 412 stocks

CNTB stock logo

About Connect Biopharma Stock (NASDAQ:CNTB)

Connect Biopharma Holdings Limited, a clinical-stage biopharmaceutical company, focuses on developing therapies to treat T cell-driven inflammatory diseases. The company is building a pipeline of small molecules and antibodies using functional T cell assays to screen and discover potent product candidates against validated immune targets. Its lead product candidate is CBP-201, an antibody to target interleukin-4 receptor alpha in development for the treatment of atopic dermatitis (AD) and asthma. The company's product candidates also comprise CBP-307, a modulator of S1P1 T cell receptor and is in development for the treatment of ulcerative colitis; and CBP-174, a peripherally acting antagonist of histamine receptor 3 in development for the treatment of pruritus associated with skin inflammation. Connect Biopharma Holdings Limited was founded in 2012 and is headquartered in San Diego, California.

CNTB Stock Price History

CNTB Stock News Headlines

Connect Biopharma Holdings Limited (CNTB)
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ADRs End Higher; Connect Biopharma Climbs 26%
CNTB Connect Biopharma Holdings Limited
Connect Biopharma Holdings Ltd ADR CNTB
See More Headlines
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Company Calendar

Today
4/28/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Pharmaceutical preparations
Sub-Industry
N/A
Current Symbol
NASDAQ:CNTB
Employees
100
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$6.50
High Stock Price Target
$8.00
Low Stock Price Target
$5.00
Potential Upside/Downside
+385.1%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
N/A
Book Value
$1.83 per share

Miscellaneous

Free Float
42,626,000
Market Cap
$73.79 million
Optionable
Optionable
Beta
-0.61
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Key Executives

  • Dr. Wubin Pan M.B.A. (Age 59)
    Ph.D., Co-Founder, President & Chairman of the Board of Directors
  • Dr. Zheng Wei Ph.D. (Age 60)
    Co-Founder, CEO & Director
  • Mr. Steven Chan (Age 52)
    Chief Financial Officer
  • Mr. Jiang Bian J.D.
    General Counsel & Chief Compliance Officer
  • Dr. Lei Sun Ph.D. (Age 60)
    VP of Biologics & Head of CMC
  • Dr. Raul Collazo Ph.D.
    VP & Global Head of Medical Affairs
  • Dr. Malinda V. Longphre Ph.D.
    VP & Head of US Clinical Operations

CNTB Stock Analysis - Frequently Asked Questions

Should I buy or sell Connect Biopharma stock right now?

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Connect Biopharma in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" CNTB shares.
View CNTB analyst ratings
or view top-rated stocks.

What is Connect Biopharma's stock price target for 2024?

2 equities research analysts have issued twelve-month price objectives for Connect Biopharma's shares. Their CNTB share price targets range from $5.00 to $8.00. On average, they anticipate the company's stock price to reach $6.50 in the next twelve months. This suggests a possible upside of 385.1% from the stock's current price.
View analysts price targets for CNTB
or view top-rated stocks among Wall Street analysts.

How have CNTB shares performed in 2024?

Connect Biopharma's stock was trading at $1.18 at the beginning of the year. Since then, CNTB stock has increased by 13.6% and is now trading at $1.34.
View the best growth stocks for 2024 here
.

Are investors shorting Connect Biopharma?

Connect Biopharma saw a drop in short interest during the month of April. As of April 15th, there was short interest totaling 83,100 shares, a drop of 28.1% from the March 31st total of 115,500 shares. Based on an average trading volume of 161,400 shares, the days-to-cover ratio is currently 0.5 days. Approximately 0.2% of the company's shares are short sold.
View Connect Biopharma's Short Interest
.

When did Connect Biopharma IPO?

Connect Biopharma (CNTB) raised $150 million in an initial public offering on Friday, March 19th 2021. The company issued 9,400,000 shares at a price of $15.00-$17.00 per share. Jefferies, VB Leerink, Piper Sandler and CICC acted as the underwriters for the IPO.

How do I buy shares of Connect Biopharma?

Shares of CNTB stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:CNTB) was last updated on 4/28/2024 by MarketBeat.com Staff

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