NASDAQ:BTAI - BioXcel Therapeutics Stock Price, News, & Analysis

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$9.18 -0.14 (-1.50 %)
(As of 03/24/2019 11:49 AM ET)
Previous Close$9.18
Today's Range$8.97 - $9.50
52-Week Range$2.41 - $14.79
Volume35,004 shs
Average Volume55,219 shs
Market Capitalization$143.76 million
P/E RatioN/A
Dividend YieldN/A
BetaN/A
BioXcel Therapeutics, Inc., a clinical stage biopharmaceutical company, focuses on novel artificial intelligence-based drug development in the fields of neuroscience and immuno-oncology in the United States. The company is involved in developing BXCL501, a sublingual thin film formulation of dexmedetomidine designed for acute treatment of agitation resulting from neurological and psychiatric disorders; and BXCL701, an immuno-oncology agent designed for the treatment of prostate and pancreatic cancers. It is also developing BXCL502, a novel approach to the treatment of symptoms resulting from neurological disorders; and BXCL702, an immuno-oncology agent for hematological malignancies. The company was founded in 2017 and is headquartered in Branford, Connecticut. It has clinical partnership with Nektar Therapeutics. BioXcel Therapeutics, Inc. is a subsidiary of BioXcel Corporation.

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Industry, Sector and Symbol

Industry Pharmaceutical preparations
Sub-IndustryN/A
SectorMedical
Current SymbolNASDAQ:BTAI
CUSIPN/A
Phone475-238-6837

Debt

Price-To-Earnings

Sales & Book Value

Annual SalesN/A
Book Value$2.49 per share

Profitability

Net Income$-19,270,000.00

Miscellaneous

EmployeesN/A
Market Cap$143.76 million
Next Earnings Date5/13/2019 (Estimated)
OptionableNot Optionable

BioXcel Therapeutics (NASDAQ:BTAI) Frequently Asked Questions

What is BioXcel Therapeutics' stock symbol?

BioXcel Therapeutics trades on the NASDAQ under the ticker symbol "BTAI."

How were BioXcel Therapeutics' earnings last quarter?

BioXcel Therapeutics Inc (NASDAQ:BTAI) announced its quarterly earnings data on Thursday, March, 7th. The company reported ($0.47) EPS for the quarter, missing the Thomson Reuters' consensus estimate of ($0.34) by $0.13. View BioXcel Therapeutics' Earnings History.

When is BioXcel Therapeutics' next earnings date?

BioXcel Therapeutics is scheduled to release their next quarterly earnings announcement on Monday, May 13th 2019. View Earnings Estimates for BioXcel Therapeutics.

What price target have analysts set for BTAI?

5 brokerages have issued 12 month price targets for BioXcel Therapeutics' stock. Their predictions range from $15.00 to $25.00. On average, they expect BioXcel Therapeutics' share price to reach $20.40 in the next twelve months. This suggests a possible upside of 122.2% from the stock's current price. View Analyst Price Targets for BioXcel Therapeutics.

What is the consensus analysts' recommendation for BioXcel Therapeutics?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for BioXcel Therapeutics in the last year. There are currently 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for BioXcel Therapeutics.

What are Wall Street analysts saying about BioXcel Therapeutics stock?

Here are some recent quotes from research analysts about BioXcel Therapeutics stock:
  • 1. According to Zacks Investment Research, "BioXcel Therapeutics Inc. is a clinical stage biopharmaceutical company. It focuses on drug development which utilizes novel artificial intelligence to identify the next wave of medicines across neuroscience and immuno-oncology. The company's product portfolio include BXCL501, a sublingual thin film formulation of dexmedetomidine designed for acute treatment of agitation resulting from neurological and psychiatric disorders, and BXCL701, an immuno-oncology agent designed for treatment of a rare form of prostate cancer and for treatment of pancreatic cancer. BioXcel Therapeutics Inc. is based in the United States. " (1/10/2019)
  • 2. HC Wainwright analysts commented, "Valuation methodology, risks, and uncertainties. We utilize a discounted cash flow (DCF)-based assessment, which yields a total rNPV of $335M for for BXCL701. We thus derive a total enterprise value of $455M, which translates into a price objective of $25.00 based on 18M fully-diluted shares outstanding as of end-3Q19." (1/4/2019)
  • 3. Canaccord Genuity analysts commented, "We hosted BTAI’s CEO Vimal Mehta at our 2018 Boston, MA. CSO Frank Yocca, CMO Vincent O’Neill, and CFO Richard Steinhart were also in the audience. While we did not learn anything significantly new, we note the company appears very confident in its ability to hit its stated development timelines on its two product candidates: BXCL501 (sublingual dexmedetomidine), which is a neurology product for agitation that is in BXCL701, which is an oncology product for treatment-emergent neuroendocrine prostate cancer and pancreatic cancer. We continue to view the stock as an interesting oncology and neurology play, and are reiterating our BUY; see our recent initiation here for more details." (8/10/2018)

Has BioXcel Therapeutics been receiving favorable news coverage?

News stories about BTAI stock have trended somewhat positive recently, InfoTrie Sentiment reports. InfoTrie identifies negative and positive press coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. BioXcel Therapeutics earned a media sentiment score of 2.0 on InfoTrie's scale. They also gave news stories about the company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the company's share price in the next several days.

Who are some of BioXcel Therapeutics' key competitors?

What other stocks do shareholders of BioXcel Therapeutics own?

Who are BioXcel Therapeutics' key executives?

BioXcel Therapeutics' management team includes the folowing people:
  • Dr. Vimal D. Mehta Ph.D., Founder, CEO, Pres, Sec. & Director (Age 58)
  • Mr. Richard I. Steinhart MBA, Chief Financial Officer (Age 62)
  • Dr. Frank D. Yocca Ph.D., Chief Scientific Officer (Age 63)
  • Dr. Vincent J. O'Neill M.D., B.Sc., M.R.C.P., Sr. VP & Chief Medical Officer (Age 50)
  • Dr. David C. Hanley, Head of Global Pharmaceutical Devel. and Operations & VP

When did BioXcel Therapeutics IPO?

(BTAI) raised $60 million in an initial public offering (IPO) on Thursday, March 8th 2018. The company issued 5,000,000 shares at $11.00-$13.00 per share. Barclays, UBS Investment Bank and BMO Capital Markets served as the underwriters for the IPO and Canaccord Genuity was co-manager.

Who are BioXcel Therapeutics' major shareholders?

BioXcel Therapeutics' stock is owned by many different of retail and institutional investors. Top institutional shareholders include FMR LLC (5.50%). Company insiders that own BioXcel Therapeutics stock include Frank Yocca, Peter Mueller, Richard I Steinhart and Vimal Mehta. View Institutional Ownership Trends for BioXcel Therapeutics.

Which major investors are selling BioXcel Therapeutics stock?

BTAI stock was sold by a variety of institutional investors in the last quarter, including FMR LLC. View Insider Buying and Selling for BioXcel Therapeutics.

How do I buy shares of BioXcel Therapeutics?

Shares of BTAI 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, Scottrade, Fidelity and Charles Schwab.

What is BioXcel Therapeutics' stock price today?

One share of BTAI stock can currently be purchased for approximately $9.18.

How big of a company is BioXcel Therapeutics?

BioXcel Therapeutics has a market capitalization of $143.76 million. The company earns $-19,270,000.00 in net income (profit) each year or ($1.32) on an earnings per share basis.

What is BioXcel Therapeutics' official website?

The official website for BioXcel Therapeutics is http://www.bioxceltherapeutics.com.

How can I contact BioXcel Therapeutics?

BioXcel Therapeutics' mailing address is 555 LONG WHARF DRIVE, NEW HAVEN CT, 06511. The company can be reached via phone at 475-238-6837 or via email at [email protected]


MarketBeat Community Rating for BioXcel Therapeutics (NASDAQ BTAI)

Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  81 (Vote Outperform)
Underperform Votes:  84 (Vote Underperform)
Total Votes:  165
MarketBeat's community ratings are surveys of what our community members think about BioXcel Therapeutics and other stocks. Vote "Outperform" if you believe BTAI will outperform the S&P 500 over the long term. Vote "Underperform" if you believe BTAI will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 3/24/2019 by MarketBeat.com Staff

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