NASDAQ:ASMB - Assembly Biosciences Stock Price, Forecast & News

Assembly Biosciences trades on the NASDAQ under the ticker symbol "ASMB."

Assembly Biosciences Inc (NASDAQ:ASMB) posted its earnings results on Thursday, November, 7th. The biopharmaceutical company reported ($0.96) EPS for the quarter, missing the Zacks' consensus estimate of ($0.93) by $0.03. The biopharmaceutical company earned $4.23 million during the quarter, compared to analyst estimates of $3.45 million. Assembly Biosciences had a negative net margin of 647.72% and a negative return on equity of 52.83%. View Assembly Biosciences' Earnings History.

Assembly Biosciences is scheduled to release their next quarterly earnings announcement on Thursday, February 27th 2020. View Earnings Estimates for Assembly Biosciences.

4 Wall Street analysts have issued 12-month target prices for Assembly Biosciences' shares. Their forecasts range from $20.00 to $74.00. On average, they expect Assembly Biosciences' share price to reach $41.33 in the next twelve months. This suggests a possible upside of 158.3% from the stock's current price. View Analyst Price Targets for Assembly Biosciences.

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Assembly Biosciences in the last year. There are currently 1 hold rating and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Assembly Biosciences.

News headlines about ASMB stock have trended somewhat positive this week, InfoTrie Sentiment reports. InfoTrie identifies negative and positive news coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Assembly Biosciences earned a daily sentiment score of 1.0 on InfoTrie's scale. They also assigned news coverage about the biopharmaceutical company a news buzz of 1.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company's share price in the near future. View News Stories for Assembly Biosciences.

Assembly Biosciences saw a increase in short interest in the month of November. As of November 15th, there was short interest totalling 2,290,000 shares, an increase of 477.3% from the October 31st total of 396,700 shares. Based on an average trading volume of 548,000 shares, the days-to-cover ratio is presently 4.2 days. Currently, 10.1% of the shares of the company are short sold. View Assembly Biosciences' Current Options Chain.

Some companies that are related to Assembly Biosciences include Johnson & Johnson (JNJ), Merck & Co., Inc. (MRK), Pfizer (PFE), AbbVie (ABBV), Eli Lilly And Co (LLY), Bristol-Myers Squibb (BMY), Allergan (AGN), Zoetis (ZTS), Mylan (MYL), Jazz Pharmaceuticals (JAZZ), Perrigo (PRGO), The Medicines (MDCO), Horizon Therapeutics (HZNP), Nektar Therapeutics (NKTR) and Zogenix (ZGNX).

Based on aggregate information from My MarketBeat watchlists, some companies that other Assembly Biosciences investors own include AVEO Pharmaceuticals (AVEO), Progenics Pharmaceuticals (PGNX), Exelixis (EXEL), Sorrento Therapeutics (SRNE), Tandem Diabetes Care (TNDM), FibroGen (FGEN), Nektar Therapeutics (NKTR), TG Therapeutics (TGTX), Arbutus Biopharma (ABUS) and BioDelivery Sciences International (BDSI).

Assembly Biosciences' stock is owned by many different of institutional and retail investors. Top institutional shareholders include State Street Corp (1.74%), Emerald Advisers LLC (1.70%), Emerald Mutual Fund Advisers Trust (1.61%), Barclays PLC (0.29%), Squarepoint Ops LLC (0.23%) and Russell Investments Group Ltd. (0.23%). Company insiders that own Assembly Biosciences stock include Derek A Small, Uri A Lopatin and William R Ringo. View Institutional Ownership Trends for Assembly Biosciences.

ASMB stock was sold by a variety of institutional investors in the last quarter, including Valeo Financial Advisors LLC, Assenagon Asset Management S.A., Barclays PLC, Emerald Advisers LLC, Emerald Mutual Fund Advisers Trust and Alps Advisors Inc.. View Insider Buying and Selling for Assembly Biosciences.

ASMB stock was purchased by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Squarepoint Ops LLC, Voloridge Investment Management LLC, State Street Corp, Rhumbline Advisers and Millennium Management LLC. View Insider Buying and Selling for Assembly Biosciences.

Shares of ASMB can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of ASMB stock can currently be purchased for approximately $16.00.

Assembly Biosciences has a market capitalization of $416.75 million and generates $14.80 million in revenue each year. The biopharmaceutical company earns $-90,750,000.00 in net income (profit) each year or ($3.98) on an earnings per share basis. Assembly Biosciences employs 95 workers across the globe.View Additional Information About Assembly Biosciences.

The official website for Assembly Biosciences is http://www.assemblybio.com/.

Assembly Biosciences' mailing address is 11711 NORTH MERIDIAN STREET SUITE 310, CARMEL IN, 46032. The biopharmaceutical company can be reached via phone at 833-509-4583 or via email at [email protected]