NASDAQ:CNTB Connect Biopharma (CNTB) Stock Price, News & Analysis → How Biden has already won 2024 (From Porter & Company) (Ad) Free CNTB Stock Alerts $1.96 +0.32 (+19.51%) (As of 06/7/2024 08:51 PM ET) Add Compare Share Share Today's Range$1.56▼$1.9650-Day Range$1.32▼$2.2052-Week Range$0.53▼$2.84Volume119,700 shsAverage Volume123,879 shsMarket Capitalization$108.00 millionP/E RatioN/ADividend YieldN/APrice Target$6.50 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestTrends Get Connect Biopharma alerts: Email Address Connect Biopharma MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside231.6% Upside$6.50 Price TargetShort InterestHealthy0.10% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings GrowthDecreasingFrom $0.54 to ($0.63) Per ShareSee Full Details Hide Full Details 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.1.40 out of 5 starsMedical Sector682nd out of 903 stocksPharmaceutical Preparations Industry318th out of 426 stocks 3.5 Analyst's Opinion Consensus RatingConnect Biopharma has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.Amount of Analyst CoverageConnect Biopharma has only been the subject of 1 research reports in the past 90 days.Read more about Connect Biopharma's stock forecast and price target. Previous Next 3.0 Short Interest Percentage of Shares Shorted0.10% of the float of Connect Biopharma has been sold short.Short Interest Ratio / Days to CoverConnect Biopharma has a short interest ratio ("days to cover") of 0.3, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Connect Biopharma has recently increased by 73.40%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldConnect Biopharma does not currently pay a dividend.Dividend GrowthConnect Biopharma does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for CNTB. Previous Next 0.6 News and Social Media Coverage News Coverage This WeekMarketBeat has tracked 1 news article for Connect Biopharma this week, compared to 1 article on an average week.MarketBeat Follows1 people have added Connect Biopharma to their MarketBeat watchlist in the last 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Connect Biopharma insiders have not sold or bought any company stock.Percentage Held by Insiders22.60% of the stock of Connect Biopharma is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions58.72% of the stock of Connect Biopharma is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Connect Biopharma's insider trading history. Previous Next 0.0 Earnings and Valuation Earnings GrowthEarnings for Connect Biopharma are expected to decrease in the coming year, from $0.54 to ($0.63) per share.Price to Book Value per Share RatioConnect Biopharma has a P/B Ratio of 1.07. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Porter & CompanyElon to Transform U.S. Economy? A radical, potentially game-changing technology that threatens to destroy the trillion-dollar, “green energy” grift of the elites. And yet, while it threatens their wealth and power, it could be transformational for both the U.S. economy and your wealth.One company holds a near-total monopoly on it. About Connect Biopharma Stock (NASDAQ:CNTB)Connect Biopharma Holdings Limited, a clinical-stage biopharmaceutical company, engages in the development of therapies for the treatment of 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 rademikibart (formerly CBP-201), an antibody designed to target interleukin-4 receptor alpha, which is a validated target for the treatment of inflammatory diseases such as atopic dermatitis and asthma, currently under Phase 3 studies; and icanbelimod (formerly CBP-307), an oral small molecule Sphingosine 1-Phosphate Receptor 1 modulator, currently under Phase 2 clinical for the treatment of ulcerative colitis and Crohn's disease. The company was founded in 2012 and is based in San Diego, California.Read More CNTB Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart CNTB Stock News HeadlinesJune 4, 2024 | americanbankingnews.comConnect Biopharma (NASDAQ:CNTB) Trading Down 5%May 22, 2024 | globenewswire.comConnect Biopharma Presents Late-Breaking Abstract at the American Thoracic Society 2024 International Conference on the Positive Rademikibart Data from its Global Phase 2b in Patients with Moderate-to-Severe AsthmaMay 7, 2024 | globenewswire.comConnect Biopharma to Present a Late-Breaking Abstract at the American Thoracic Society (ATS) 2024 International Conference on the Positive Results from the Global Phase 2b Trial of Rademikibart in Patients with Moderate-to-Severe AsthmaApril 26, 2024 | finance.yahoo.comConnect Biopharma Holdings Limited (CNTB)April 17, 2024 | markets.businessinsider.comAnalysts Are Bullish on These Healthcare Stocks: BioNTech SE (BNTX), Connect Biopharma Holdings (CNTB)April 16, 2024 | globenewswire.comConnect Biopharma Reports Full Year 2023 Financial Results and Provides Business UpdateApril 11, 2024 | markets.businessinsider.comBuy Rating Reaffirmed for Connect Biopharma Holdings Amid Promising Clinical Trials and Strategic PartnershipsApril 7, 2024 | marketwatch.comADRs Advance; Connect Biopharma Climbs 19%April 1, 2024 | marketwatch.comADRs End Higher; Connect Biopharma Climbs 26%March 19, 2024 | tmcnet.comConnect Biopharma to Participate in H.C. Wainwright 2n? Annual Autoimmune & Inflammatory Disease Virtual ConferenceMarch 19, 2024 | globenewswire.comConnect Biopharma to Participate in H.C. Wainwright 2ⁿᵈ Annual Autoimmune & Inflammatory Disease Virtual ConferenceMarch 5, 2024 | msn.comHC Wainwright & Co. Initiates Coverage of Connect Biopharma Holdings Limited - Depositary Receipt () (CNTB) with Buy RecommendationFebruary 22, 2024 | benzinga.comConnect Biopharma Hldgs Stock (NASDAQ:CNTB) Dividends: History, Yield and DatesFebruary 12, 2024 | finance.yahoo.comConnect Biopharma Appoints Industry Veteran James Huang to Board of DirectorsJanuary 29, 2024 | finance.yahoo.comWill Connect Biopharma Holdings (NASDAQ:CNTB) Spend Its Cash Wisely?December 15, 2023 | markets.businessinsider.comAnalysts Have Conflicting Sentiments on These Healthcare Companies: Connect Biopharma Holdings (CNTB) and Inspire Medical Systems (INSP)December 15, 2023 | seekingalpha.comCNTB Connect Biopharma Holdings LimitedDecember 12, 2023 | morningstar.comConnect Biopharma Holdings Ltd ADR CNTBDecember 12, 2023 | marketwatch.comConnect Biopharma Shares Jump on Positive Results for Asthma Treatment TrialDecember 12, 2023 | msn.comConnect Biopharma gains as asthma candidate succeeds in mid-stage trialDecember 12, 2023 | finance.yahoo.comConnect Biopharma Announces Positive Rademikibart Global Phase 2b Topline Results in Adult Patients with Moderate-to-Severe Persistent AsthmaDecember 11, 2023 | finance.yahoo.comConnect Biopharma to Announce Top-Line Data from the Global Phase 2b Trial of Rademikibart in Patients with Moderate-to-Severe Asthma on December 12, 2023November 30, 2023 | finance.yahoo.comStonegate Healthcare Partners Releases Report on Transformative Therapies for Pruritus ManagementNovember 28, 2023 | finance.yahoo.comIs Connect Biopharma Holdings (CNTB) Stock Outpacing Its Medical Peers This Year?November 21, 2023 | msn.comWhy Is Skin Disease-Focused Connect Biopharma Stock Lower Today?See More Headlines Receive CNTB Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Connect Biopharma and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Today6/10/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorMedical Industry Pharmaceutical preparations Sub-IndustryN/A Current SymbolNASDAQ:CNTB CUSIPN/A CIK1835268 Webwww.connectbiopharm.com Phone18587271045Fax+1 8586147007Employees81Year FoundedN/APrice Target and Rating Average Stock Price Target$6.50 High Stock Price Target$8.00 Low Stock Price Target$5.00 Potential Upside/Downside+231.6%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)N/A Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet IncomeN/A Net MarginsN/A Pretax MarginN/A Return on EquityN/A Return on AssetsN/A Debt Debt-to-Equity RatioN/A Current Ratio4.99 Quick Ratio4.99 Sales & Book Value Annual SalesN/A Price / SalesN/A Cash FlowN/A Price / Cash FlowN/A Book Value$1.83 per share Price / Book1.07Miscellaneous Outstanding Shares55,100,000Free Float42,650,000Market Cap$108.00 million OptionableOptionable Beta-0.36 10 Best Stocks to Own in 2024Click the link below and we'll send you MarketBeat's list of the 10 best stocks to own in 2024 and why they should be in your portfolio. Get This Free Report Key ExecutivesDr. 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 OfficerDr. Lei Sun Ph.D. (Age 60)VP of Biologics & Head of CMC Dr. Raul Collazo Ph.D.VP & Global Head of Medical AffairsDr. Malinda V. Longphre Ph.D.VP & Head of US Clinical OperationsMore ExecutivesKey CompetitorsRAPT TherapeuticsNASDAQ:RAPTZevra TherapeuticsNASDAQ:ZVRALexicon PharmaceuticalsNASDAQ:LXRXKorro BioNASDAQ:KRROTheravance BiopharmaNASDAQ:TBPHView All CompetitorsInstitutional OwnershipKeudell Morrison Wealth ManagementBought 8,500 shares on 5/7/2024Ownership: 0.036%View All Institutional Transactions 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 twelve months. 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 Wall Street analysts have issued 1 year price targets for Connect Biopharma's stock. Their CNTB share price targets range from $5.00 to $8.00. On average, they expect the company's stock price to reach $6.50 in the next twelve months. This suggests a possible upside of 231.6% 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 2024. Since then, CNTB shares have increased by 66.1% and is now trading at $1.96. View the best growth stocks for 2024 here. Are investors shorting Connect Biopharma? Connect Biopharma saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 54,100 shares, an increase of 73.4% from the April 30th total of 31,200 shares. Based on an average trading volume of 165,000 shares, the short-interest ratio is presently 0.3 days. Approximately 0.1% of the shares of the company 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 (IPO) on Friday, March 19th 2021. The company issued 9,400,000 shares at $15.00-$17.00 per share. Jefferies, VB Leerink, Piper Sandler and CICC acted as the underwriters for the IPO. Who are Connect Biopharma's major shareholders? Connect Biopharma's stock is owned by many different institutional and retail investors. Top institutional investors include Keudell Morrison Wealth Management (0.04%) and Concourse Financial Group Securities Inc. (0.00%). 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. 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