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LogicBio Therapeutics Stock Price, Forecast & Analysis (NASDAQ:LOGC)

$9.34
-0.11 (-1.16 %)
(As of 11/15/2019 05:27 AM ET)
Today's Range
$9.30
Now: $9.34
$9.50
50-Day Range
$9.33
MA: $10.01
$11.43
52-Week Range
$6.34
Now: $9.34
$20.07
Volume8,200 shs
Average Volume23,945 shs
Market Capitalization$210.09 million
P/E RatioN/A
Dividend YieldN/A
BetaN/A
LogicBio Therapeutics, Inc., a genome editing company, focuses on developing medicines to treat rare diseases in patients with unmet medical need using GeneRide technology platform. The GeneRide technology is designed to integrate corrective genes into a patient's genome to provide a therapeutic effect. Its lead product candidate is LB-001 for the treatment of Methylmalonic Acidemia, a life-threatening disease that presents at birth. The company has a partnership with Children's Medical Research Institute to develop new viral vectors. LogicBio Therapeutics, Inc. was founded in 2014 and is headquartered in Cambridge, Massachusetts.

Industry, Sector and Symbol

Industry Biological products, except diagnostic
Sub-IndustryN/A
SectorMedical
Current SymbolNASDAQ:LOGC
CUSIPN/A
CIKN/A
Phone617-245-0399

Debt

Price-To-Earnings

Sales & Book Value

Annual SalesN/A
Book Value$3.62 per share

Profitability

Net Income$-17,620,000.00

Miscellaneous

Employees23
Market Cap$210.09 million
Next Earnings Date4/6/2020 (Estimated)
OptionableNot Optionable

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LogicBio Therapeutics (NASDAQ:LOGC) Frequently Asked Questions

What is LogicBio Therapeutics' stock symbol?

LogicBio Therapeutics trades on the NASDAQ under the ticker symbol "LOGC."

How were LogicBio Therapeutics' earnings last quarter?

LogicBio Therapeutics Inc (NASDAQ:LOGC) released its quarterly earnings results on Tuesday, November, 12th. The company reported ($0.48) earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of ($0.46) by $0.02. View LogicBio Therapeutics' Earnings History.

When is LogicBio Therapeutics' next earnings date?

LogicBio Therapeutics is scheduled to release their next quarterly earnings announcement on Monday, April 6th 2020. View Earnings Estimates for LogicBio Therapeutics.

What price target have analysts set for LOGC?

3 brokerages have issued 1-year price objectives for LogicBio Therapeutics' shares. Their forecasts range from $20.00 to $26.00. On average, they expect LogicBio Therapeutics' share price to reach $23.00 in the next twelve months. This suggests a possible upside of 146.3% from the stock's current price. View Analyst Price Targets for LogicBio Therapeutics.

What is the consensus analysts' recommendation for LogicBio Therapeutics?

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

What are Wall Street analysts saying about LogicBio Therapeutics stock?

Here are some recent quotes from research analysts about LogicBio Therapeutics stock:
  • 1. According to Zacks Investment Research, "LogicBio Therapeutics Inc. is a genome editing company. It focuses on developing medicines to treat rare diseases in patients with significant unmet medical needs. The company's technology platform consists of GeneRide(TM). LogicBio Therapeutics Inc. is based in Cambridge, Massachusetts. " (11/14/2019)
  • 2. Chardan Capital analysts commented, "We see limited read-across on nuclease-free editing controversy On 21 July, researchers from the California posted a manuscript to the bioRxiv preprint server outlining outlining unsuccessful efforts to reproduce efficient nuclease-free genome editing with clade F AAV vectors, based on a 2018 publication from Homology Medicines (unrated), which reported >50% editing with similar AAV vectors isolated from hematopoietic stem cells (AAVHSCs). Increasing attention drawn to the preprint to us may have sent Homology’s share price down >20% by the market close on July 25th. Below, we highlight some considerations for interpreting the data and the extent of potential read-across for other companies in the space." (7/29/2019)

Has LogicBio Therapeutics been receiving favorable news coverage?

News coverage about LOGC stock has trended somewhat negative recently, according to InfoTrie Sentiment Analysis. InfoTrie ranks the sentiment of press coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. LogicBio Therapeutics earned a news impact score of -1.4 on InfoTrie's scale. They also gave media stories about the company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the company's share price in the near term. View News Stories for LogicBio Therapeutics.

Are investors shorting LogicBio Therapeutics?

LogicBio Therapeutics saw a increase in short interest during the month of October. As of October 31st, there was short interest totalling 365,800 shares, an increase of 5.0% from the September 30th total of 348,300 shares. Based on an average daily trading volume, of 30,300 shares, the short-interest ratio is currently 12.1 days. Approximately 2.8% of the company's shares are sold short. View LogicBio Therapeutics' Current Options Chain.

Who are some of LogicBio Therapeutics' key competitors?

What other stocks do shareholders of LogicBio Therapeutics own?

Based on aggregate information from My MarketBeat watchlists, some companies that other LogicBio Therapeutics investors own include Acceleron Pharma (XLRN), Editas Medicine (EDIT), Aurora Cannabis (ACB), Bristol-Myers Squibb (BMY), AbbVie (ABBV), Alnylam Pharmaceuticals (ALNY), Advanced Micro Devices (AMD), Global Blood Therapeutics (GBT), Intel (INTC) and Micron Technology (MU).

Who are LogicBio Therapeutics' key executives?

LogicBio Therapeutics' management team includes the folowing people:
  • Mr. Frederic Chereau, Pres, CEO & Director (Age 52)
  • Mr. Matthias B. Jaffé, Chief Financial Officer (Age 50)
  • Mr. Tom Wilton, Chief Bus. Officer (Age 45)
  • Dr. Leszek Lisowski Ph.D., Co-Founder
  • Dr. Adi Barzel, Co-Founder

When did LogicBio Therapeutics IPO?

(LOGC) raised $77 million in an IPO on Friday, October 19th 2018. The company issued 5,800,000 shares at a price of $12.50-$14.00 per share. Jefferies, Barclays and William Blair served as the underwriters for the IPO and Chardan was co-manager.

Who are LogicBio Therapeutics' major shareholders?

LogicBio Therapeutics' stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include First Trust Advisors LP (0.06%). View Institutional Ownership Trends for LogicBio Therapeutics.

Which institutional investors are buying LogicBio Therapeutics stock?

LOGC stock was purchased by a variety of institutional investors in the last quarter, including First Trust Advisors LP. View Insider Buying and Selling for LogicBio Therapeutics.

How do I buy shares of LogicBio Therapeutics?

Shares of LOGC 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.

What is LogicBio Therapeutics' stock price today?

One share of LOGC stock can currently be purchased for approximately $9.34.

How big of a company is LogicBio Therapeutics?

LogicBio Therapeutics has a market capitalization of $210.09 million. The company earns $-17,620,000.00 in net income (profit) each year or ($3.04) on an earnings per share basis. LogicBio Therapeutics employs 23 workers across the globe.View Additional Information About LogicBio Therapeutics.

What is LogicBio Therapeutics' official website?

The official website for LogicBio Therapeutics is http://www.logicbio.com/.

How can I contact LogicBio Therapeutics?

LogicBio Therapeutics' mailing address is 99 ERIE STREET, CAMBRIDGE MA, 02139. The company can be reached via phone at 617-245-0399 or via email at [email protected]


MarketBeat Community Rating for LogicBio Therapeutics (NASDAQ LOGC)

Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  57 (Vote Outperform)
Underperform Votes:  73 (Vote Underperform)
Total Votes:  130
MarketBeat's community ratings are surveys of what our community members think about LogicBio Therapeutics and other stocks. Vote "Outperform" if you believe LOGC will outperform the S&P 500 over the long term. Vote "Underperform" if you believe LOGC will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 11/15/2019 by MarketBeat.com Staff

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