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NASDAQ:GLUE

Monte Rosa Therapeutics (GLUE) Stock Price, News & Analysis

$3.98
-0.21 (-5.01%)
(As of 06/7/2024 08:52 PM ET)
Today's Range
$3.90
$4.12
50-Day Range
$3.98
$7.86
52-Week Range
$2.44
$8.84
Volume
215,700 shs
Average Volume
169,049 shs
Market Capitalization
$201.04 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$11.00

Monte Rosa Therapeutics MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
176.4% Upside
$11.00 Price Target
Short Interest
Bearish
5.98% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($1.92) to ($1.75) 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.

0.60 out of 5 stars

Medical Sector

831st out of 903 stocks

Biological Products, Except Diagnostic Industry

143rd out of 152 stocks

GLUE stock logo

About Monte Rosa Therapeutics Stock (NASDAQ:GLUE)

Monte Rosa Therapeutics, Inc., a clinical-stage biotechnology company, engages in the development of novel small molecule precision medicines that employ the body's natural mechanisms to selectively degrade therapeutically relevant proteins. The company develops MRT-2359, an orally bioavailable molecular glue degrader targeting the translation termination factor protein GSPT1 for the treatment of MYC-driven tumors; MRT-6160 for the treatment of systemic and central nervous system autoimmune diseases; and MRT-8102 for the treatment of IL-1?/NLRP3 driven inflammatory diseases. It also develops CDK2 to treat ovarian, uterine, and breast cancers. The company was incorporated in 2019 and is headquartered in Boston, Massachusetts.

GLUE Stock Price History

GLUE Stock News Headlines

Monte Rosa Therapeutics: Q4 Earnings Insights
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Company Calendar

Last Earnings
5/09/2024
Today
6/09/2024
Next Earnings (Estimated)
8/08/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Biological products, except diagnostic
Sub-Industry
N/A
Current Symbol
NASDAQ:GLUE
Fax
N/A
Employees
133
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$11.00
High Stock Price Target
$11.00
Low Stock Price Target
$11.00
Potential Upside/Downside
+176.4%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
3 Analysts

Profitability

Net Income
$-135,350,000.00
Pretax Margin
-12,674.91%

Debt

Sales & Book Value

Annual Sales
N/A
Book Value
$3.58 per share

Miscellaneous

Free Float
47,229,000
Market Cap
$201.03 million
Optionable
Optionable
Beta
1.41
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Key Executives

  • Dr. Markus Warmuth M.D. (Age 52)
    President, CEO & Director
    Comp: $901.35k
  • Dr. Owen B. Wallace Ph.D. (Age 55)
    Chief Scientific Officer
    Comp: $630.68k
  • Dr. Filip Janku M.D. (Age 49)
    Ph.D., Chief Medical Officer
    Comp: $658.66k
  • Ms. Jennifer Champoux
    Chief People & Operations Officer
  • Dr. Sharon Townson Ph.D. (Age 49)
    Chief Technology Officer
  • Dr. John C. Castle Ph.D. (Age 52)
    Chief Data & Information Officer
  • Mr. Andrew Funderburk
    Senior VP and Head of IR & Strategic Finance
  • Mr. Philip Nickson J.D. (Age 45)
    Ph.D., General Counsel
  • Mr. Magnus Walter DPHIL
    Senior Vice President of Drug Discovery
  • Mr. Edmund Dunn (Age 58)
    Vice President & Corporate Controller

GLUE Stock Analysis - Frequently Asked Questions

Should I buy or sell Monte Rosa Therapeutics stock right now?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Monte Rosa Therapeutics in the last twelve months. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" GLUE shares.
View GLUE analyst ratings
or view top-rated stocks.

What is Monte Rosa Therapeutics' stock price target for 2024?

3 Wall Street analysts have issued 1 year target prices for Monte Rosa Therapeutics' shares. Their GLUE share price targets range from $11.00 to $11.00. On average, they expect the company's stock price to reach $11.00 in the next year. This suggests a possible upside of 176.4% from the stock's current price.
View analysts price targets for GLUE
or view top-rated stocks among Wall Street analysts.

How have GLUE shares performed in 2024?

Monte Rosa Therapeutics' stock was trading at $5.65 at the beginning of the year. Since then, GLUE shares have decreased by 29.6% and is now trading at $3.98.
View the best growth stocks for 2024 here
.

Are investors shorting Monte Rosa Therapeutics?

Monte Rosa Therapeutics saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 2,310,000 shares, an increase of 20.9% from the April 30th total of 1,910,000 shares. Based on an average trading volume of 167,200 shares, the short-interest ratio is presently 13.8 days. Approximately 6.0% of the shares of the stock are short sold.
View Monte Rosa Therapeutics' Short Interest
.

When is Monte Rosa Therapeutics' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, August 8th 2024.
View our GLUE earnings forecast
.

How were Monte Rosa Therapeutics' earnings last quarter?

Monte Rosa Therapeutics, Inc. (NASDAQ:GLUE) posted its quarterly earnings results on Thursday, May, 9th. The company reported ($0.53) earnings per share for the quarter, beating the consensus estimate of ($0.56) by $0.03. The company had revenue of $1.06 million for the quarter, compared to the consensus estimate of $4.29 million.

When did Monte Rosa Therapeutics IPO?

Monte Rosa Therapeutics (GLUE) raised $211 million in an initial public offering on Thursday, June 24th 2021. The company issued 11,700,000 shares at a price of $17.00-$19.00 per share.

Who are Monte Rosa Therapeutics' major shareholders?

Monte Rosa Therapeutics' stock is owned by many different institutional and retail investors. Top institutional investors include Price T Rowe Associates Inc. MD (10.09%), Vanguard Group Inc. (3.25%), Acadian Asset Management LLC (0.11%) and EntryPoint Capital LLC (0.03%). Insiders that own company stock include Cormorant Asset Management, Lp and Versant Venture Capital Vi, L.

How do I buy shares of Monte Rosa Therapeutics?

Shares of GLUE 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:GLUE) was last updated on 6/10/2024 by MarketBeat.com Staff

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