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
CIKN/A
Phone617-245-0399
Debt
Price-To-Earnings
Sales & Book Value
Annual SalesN/A
Profitability
Miscellaneous
Employees23
Next Earnings Date12/2/2019 (Estimated)
OptionableNot Optionable
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) announced its quarterly earnings results on Tuesday, August, 13th. The company reported ($0.45) earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of ($0.41) by $0.04. View LogicBio Therapeutics' Earnings History.
When is LogicBio Therapeutics' next earnings date?
What price target have analysts set for LOGC?
4 brokerages have issued 12-month target prices for LogicBio Therapeutics' stock. Their forecasts range from $20.00 to $26.00. On average, they anticipate LogicBio Therapeutics' share price to reach $24.00 in the next year. This suggests a possible upside of 136.7% from the stock's current price. View Analyst Price Targets for LogicBio Therapeutics.
What is the consensus analysts' recommendation for LogicBio Therapeutics?
4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for LogicBio Therapeutics in the last year. There are currently 4 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. " (10/16/2019)
- 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?
Media coverage about LOGC stock has been trending somewhat negative this week, according to InfoTrie. InfoTrie identifies negative and positive press 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 positive five, with scores nearest to five being the most favorable. LogicBio Therapeutics earned a daily sentiment score of -1.5 on InfoTrie's scale. They also assigned media coverage about the company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the next few days. View News Stories for LogicBio Therapeutics.
Are investors shorting LogicBio Therapeutics?
LogicBio Therapeutics saw a increase in short interest in the month of September. As of September 30th, there was short interest totalling 334,300 shares, an increase of 34.7% from the August 30th total of 248,100 shares. Based on an average daily volume of 26,100 shares, the short-interest ratio is currently 12.8 days. Approximately 2.6% of the shares of the company are sold short. View LogicBio Therapeutics' Current Options Chain.
Who are some of LogicBio Therapeutics' key competitors?
Some companies that are related to LogicBio Therapeutics include BAVARIAN NORDIC/S (BVNRY), SpringWorks Therapeutics (SWTX), Twist Bioscience (TWST), NanoString Technologies (NSTG), Atara Biotherapeutics (ATRA), Rubius Therapeutics (RUBY), Vericel (VCEL), Osiris Therapeutics (OSIR), AVITA MED LTD/S (AVMXY), AVITA MED LTD/S (RCEL), Krystal Biotech (KRYS), Cortexyme (CRTX), Mesoblast (MESO), GENFIT S A/ADR (GNFT) and Voyager Therapeutics (VYGR).
What other stocks do shareholders of LogicBio Therapeutics own?
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 initial public offering on Friday, October 19th 2018. The company issued 5,800,000 shares at $12.50-$14.00 per share. Jefferies, Barclays and William Blair acted as the underwriters for the IPO and Chardan was co-manager.
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 $10.14.
How big of a company is LogicBio Therapeutics?
LogicBio Therapeutics has a market capitalization of $228.09 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?
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)
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.
