Flex Pharma, Inc., a biotechnology company, develops and commercializes products for the treatment of muscle cramps, spasms, and spasticity associated with neurological conditions and exercise in the United States. It operates in two segments, Consumer Operations and Drug Development. The company's lead drug candidate is FLX-787, a single molecule, chemically synthesized, and dual transient receptor potential V1/A1 ion channel activator, which is in exploratory Phase 2 clinical trial in Australia for the treatment of patients with multiple sclerosis; and two Phase 2 clinical trials in the United States for the treatment of patients with motor neuron disease in amyotrophic lateral sclerosis. It also offers HOTSHOT, a consumer beverage to prevent and treat exercise associated muscle cramps. The company markets and sells its HOTSHOT product online through its e-commerce Website, as well as through specialty retailers. Flex Pharma, Inc. was founded in 2014 and is headquartered in Boston, Massachusetts.
Industry, Sector and Symbol
Industry Pharmaceutical preparations
Sub-IndustryN/A
SectorMedical
Phone617-874-1821
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$1.27 million
Profitability
Miscellaneous
Employees22
OptionableOptionable
Flex Pharma (NASDAQ:FLKS) Frequently Asked Questions
What is Flex Pharma's stock symbol?
Flex Pharma trades on the NASDAQ under the ticker symbol "FLKS."
How were Flex Pharma's earnings last quarter?
Flex Pharma Inc (NASDAQ:FLKS) released its quarterly earnings results on Monday, November, 5th. The biotechnology company reported ($0.15) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.21) by $0.06. The biotechnology company had revenue of $0.25 million for the quarter. Flex Pharma had a negative return on equity of 148.15% and a negative net margin of 2,919.75%. View Flex Pharma's Earnings History.
When is Flex Pharma's next earnings date?
What price target have analysts set for FLKS?
4 equities research analysts have issued 1-year price targets for Flex Pharma's shares. Their forecasts range from $6.00 to $40.00. On average, they anticipate Flex Pharma's share price to reach $19.3333 in the next twelve months. This suggests a possible upside of 5,758.6% from the stock's current price. View Analyst Price Targets for Flex Pharma.
What is the consensus analysts' recommendation for Flex Pharma?
4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Flex Pharma in the last year. There are currently 3 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Flex Pharma.
What are Wall Street analysts saying about Flex Pharma stock?
Here are some recent quotes from research analysts about Flex Pharma stock:
- 1. According to Zacks Investment Research, "Flex Pharma, Inc. is a biotechnology company. The Company is involved in developing treatments for nocturnal leg cramps and spasms associated with severe neuromuscular conditions. Flex Pharma, Inc. is headquartered in Boston, Massachusetts. " (9/21/2018)
- 2. Cantor Fitzgerald analysts commented, "Exploratory Phase II study of FLX-787 in MS showed statistically significant reduction of 27.3% (p=0.001) in frequency of cramps and a 1.4-day increase in the number of cramp-free days (p=0.0457)." (3/27/2018)
Has Flex Pharma been receiving favorable news coverage?
News stories about FLKS stock have trended somewhat positive this week, InfoTrie reports. The research firm rates the sentiment of news coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Flex Pharma earned a daily sentiment score of 0.9 on InfoTrie's scale. They also gave news articles about the biotechnology company a news buzz of 2.0 out of 10, meaning that recent news coverage is very unlikely to have an impact on the stock's share price in the next few days.
Who are some of Flex Pharma's key competitors?
Some companies that are related to Flex Pharma include ESSA Pharma (EPIX), Acerus Pharmaceuticals (TRLPF), Genprex (GNPX), GTX (GTXI), KITOV PHARMA LT/S (KTOV), Sunesis Pharmaceuticals (SNSS), Aileron Therapeutics (ALRN), Nuvo Pharmaceuticals (NRIFF), Eyegate Pharmaceuticals (EYEG), SUMMIT THERAPEU/S (SMMT), Citius Pharmaceuticals (CTXR), Pain Therapeutics (PTIE), Novus Therapeutics (NVUS), Capricor Therapeutics (CAPR) and Novelion Therapeutics (NVLN).
Who are Flex Pharma's key executives?
Flex Pharma's management team includes the folowing people:
- Dr. William K. McVicar, Pres, CEO & Director (Age 61)
- Dr. Roderick MacKinnon, Co-Founder & Co-Chair of Scientific Advisory Board (Age 63)
- Mr. John McCabe, CFO, Treasurer & Sec. (Age 49)
- Mr. Robert Hadfield, Advisor (Age 41)
- Dr. Thomas C. Wessel, Outside Advisor (Age 63)
When did Flex Pharma IPO?
(FLKS) raised $60 million in an initial public offering on Thursday, January 29th 2015. The company issued 4,600,000 shares at a price of $12.00-$14.00 per share. Jefferies and Piper Jaffray acted as the underwriters for the IPO and JMP Securities, Cantor Fitzgerald and Roth Capital Partners were co-managers.
How do I buy shares of Flex Pharma?
Shares of FLKS 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 Flex Pharma's stock price today?
One share of FLKS stock can currently be purchased for approximately $0.33.
How big of a company is Flex Pharma?
Flex Pharma has a market capitalization of $6.05 million and generates $1.27 million in revenue each year. The biotechnology company earns $-34,430,000.00 in net income (profit) each year or ($1.99) on an earnings per share basis. Flex Pharma employs 22 workers across the globe.
What is Flex Pharma's official website?
How can I contact Flex Pharma?
Flex Pharma's mailing address is 800 Boylston Street 24th Floor, Boston MA, 02199. The biotechnology company can be reached via phone at 617-874-1821 or via email at [email protected]
MarketBeat Community Rating for Flex Pharma (NASDAQ FLKS)
MarketBeat's community ratings are surveys of what our community members think about Flex Pharma and other stocks. Vote "Outperform" if you believe FLKS will outperform the S&P 500 over the long term. Vote "Underperform" if you believe FLKS will underperform the S&P 500 over the long term. You may vote once every thirty days.
