About Miragen Therapeutics (NASDAQ:MGEN)
Miragen Therapeutics, Inc., a clinical-stage biopharmaceutical company, engages in discovering and developing proprietary RNA-targeted therapies with a specific focus on microRNAs and their role in diseases where there is a high unmet medical need. Its three lead product candidates include cobomarsen, an inhibitor of microRNA-155, which is in Phase I clinical trial for treating cutaneous T-cell lymphoma; MRG-201, a replacement for microRNA-29, which is in Phase I clinical trial that is found at low levels in various pathological fibrotic conditions, including cutaneous, cardiac, renal, hepatic, and pulmonary fibrosis, as well as systemic sclerosis; and MRG-110, an inhibitor of microRNA-92 that is expressed in endothelial cells and has shown to accelerate the formation of new blood vessels in preclinical models of heart failure, peripheral ischemia, and dermal wounding in the United States and Japan. The company also develops MRG-107, an inhibitor of miR-155 for treating neuronal amyotrophic lateral sclerosis, and other neurodegenerative indications, including spinal cord injury. It also develops preclinical product candidates for treating various indications, including oncology, visual pathologies, neurodegeneration, and hearing loss. Miragen Therapeutics, Inc. has a collaboration agreement with Les Laboratoires Servier and Institut de Recherches Servier for the development of MRG-110. The company was founded in 2006 and is based in Boulder, Colorado.
Industry, Sector and Symbol
Industry Medical laboratories
Sub-IndustryN/A
SectorMedical
SymbolNASDAQ:MGEN
CUSIPN/A
Phone720-643-5200
Debt
Debt-to-Equity Ratio0.14
Current Ratio20.91
Quick Ratio20.91
Price-To-Earnings
Trailing P/E Ratio-5.33
Forward P/E Ratio-6.66
P/E GrowthN/A
Sales & Book Value
Annual Sales$4 million
Price / Sales55.78
Cash FlowN/A
Price / CashN/A
Book Value$1.73 per share
Price / Book4.27
Profitability
EPS (Most Recent Fiscal Year)($1.38)
Net Income$-26,510,000.00
Net Margins-290.61%
Return on Equity-50.53%
Return on Assets-40.91%
Miscellaneous
Employees65
Outstanding Shares30,190,000
Miragen Therapeutics (NASDAQ:MGEN) Frequently Asked Questions
What is Miragen Therapeutics' stock symbol?
Miragen Therapeutics trades on the NASDAQ under the ticker symbol "MGEN."
How were Miragen Therapeutics' earnings last quarter?
Miragen Therapeutics Inc (NASDAQ:MGEN) posted its earnings results on Wednesday, May, 9th. The medical research company reported ($0.18) EPS for the quarter, beating the Thomson Reuters' consensus estimate of ($0.25) by $0.07. The medical research company earned $4.78 million during the quarter, compared to analyst estimates of $1.17 million. Miragen Therapeutics had a negative return on equity of 50.53% and a negative net margin of 290.61%. View Miragen Therapeutics' Earnings History.
What price target have analysts set for MGEN?
9 analysts have issued 12 month price objectives for Miragen Therapeutics' shares. Their forecasts range from $13.00 to $29.00. On average, they anticipate Miragen Therapeutics' share price to reach $17.1875 in the next twelve months. View Analyst Ratings for Miragen Therapeutics.
What are Wall Street analysts saying about Miragen Therapeutics stock?
Here are some recent quotes from research analysts about Miragen Therapeutics stock:
- 1. Wedbush analysts commented, "Athersys announced an expanded agreement with Helios KK (6927JP – NR) that includes additional indications and will bring in an additional $20M in capital to Athersys. In association with this deal, Dr. Hardy Kagimoto, CEO of Helios has been nominated for election (June 18, 2018) to the Athersys board of directors." (6/7/2018)
- 2. According to Zacks Investment Research, "Miragen Therapeutics, Inc. is a biopharmaceutical company. It develops microRNA biology, oligonucleotide chemistry, drugs and therapies for cancer, pathologic fibrosis, neuro-inflammatory and cardiovascular diseases. Miragen Therapeutics, Inc., formerly known as Signal Genetics, is headquartered in Boulder, Colorado. " (5/16/2018)
- 3. Cann analysts commented, "MiRagen Therapeutics announced today positive new interim data from its phase I clinical trial of MRG-106 in patients with the mycosis fungoides (MF) form of cutaneous T-cell lymphoma (CTCL) will be presented on February 2, 2018, at the 10th Annual T-cell Lymphoma Forum in La Jolla, California. These positive results support MiRagen’s plans to initiate a phase II study of MRG-106 in CTCL in the second half of 2018. The data released today, along with the planned phase II trial design support our expectation that MRG-106 will be able to proceed to a registration phase II study, avoiding phase III trials." (2/2/2018)
Who are some of Miragen Therapeutics' key competitors?
Some companies that are related to Miragen Therapeutics include Natera (NTRA), RadNet (RDNT), CareDx (CDNA), InVitae (NVTA), Veracyte (VCYT), Enzo Biochem (ENZ), Celcuity (CELC), PotNetwork (POTN), Psychemedics (PMD), Fulgent Genetics (FLGT), First Choice Healthcare Solutions (FCHS), Cancer Genetics (CGIX), Biocept (BIOC), OpGen (OPGN) and CBA Florida (CBAI).
Who are Miragen Therapeutics' key executives?
Miragen Therapeutics' management team includes the folowing people:
- Mr. Bruce L. Booth Ph.D., D.Phil., Co-Founder & Chairman (Age 44)
- Dr. William Stuart Marshall Ph.D., Co-Founder, Pres, CEO & Director (Age 54)
- Mr. Adam Scott Levy, Chief Bus. Officer (Age 40)
- Dr. Paul D. Rubin, Exec. VP of R&D (Age 64)
- Dr. Eric N. Olson Ph.D., Co-Founder and Member of Scientific Advisory Board
Has Miragen Therapeutics been receiving favorable news coverage?
Headlines about MGEN stock have trended somewhat positive on Monday, according to Accern Sentiment Analysis. The research group scores the sentiment of news coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Miragen Therapeutics earned a coverage optimism score of 0.08 on Accern's scale. They also gave news articles about the medical research company an impact score of 47.03 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the near future.
Who are Miragen Therapeutics' major shareholders?
Miragen Therapeutics' stock is owned by many different of retail and institutional investors. Top institutional investors include Opaleye Management Inc. (3.51%), BlackRock Inc. (2.68%), Artal Group S.A. (1.66%), Northern Trust Corp (0.57%), Dimensional Fund Advisors LP (0.54%) and CVI Holdings LLC (0.31%). Company insiders that own Miragen Therapeutics stock include Adam Scott Levy, Bruce Booth, Kyle Lefkoff and Thomas E Hughes. View Institutional Ownership Trends for Miragen Therapeutics.
Which major investors are buying Miragen Therapeutics stock?
MGEN stock was acquired by a variety of institutional investors in the last quarter, including Opaleye Management Inc., Artal Group S.A., BlackRock Inc., Dimensional Fund Advisors LP, CVI Holdings LLC, Millennium Management LLC, Northern Trust Corp and Citadel Advisors LLC. Company insiders that have bought Miragen Therapeutics stock in the last two years include Adam Scott Levy and Bruce Booth. View Insider Buying and Selling for Miragen Therapeutics.
How do I buy shares of Miragen Therapeutics?
Shares of MGEN 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 Miragen Therapeutics' stock price today?
One share of MGEN stock can currently be purchased for approximately $7.39.
How big of a company is Miragen Therapeutics?
Miragen Therapeutics has a market capitalization of $221.91 million and generates $4 million in revenue each year. The medical research company earns $-26,510,000.00 in net income (profit) each year or ($1.38) on an earnings per share basis. Miragen Therapeutics employs 65 workers across the globe.
How can I contact Miragen Therapeutics?
Miragen Therapeutics' mailing address is 6200 LOOKOUT ROAD, BOULDER CO, 80301. The medical research company can be reached via phone at 720-643-5200 or via email at [email protected]
MarketBeat Community Rating for Miragen Therapeutics (MGEN)
MarketBeat's community ratings are surveys of what our community members think about Miragen Therapeutics and other stocks. Vote "Outperform" if you believe MGEN will outperform the S&P 500 over the long term. Vote "Underperform" if you believe MGEN will underperform the S&P 500 over the long term. You may vote once every thirty days.
