NASDAQ:NMTR

9 Meters Biopharma (NMTR) Stock Forecast, Price & News

$0.01

-0.01 (-45.45%)

(As of 09/29/2023 ET)

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Today's Range: $0.01
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$0.02
50-Day Range: $0.01
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$0.13
52-Week Range: $0.07
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$6.56

Volume: 10,046 shs
Average Volume: 315,915 shs
Market Capitalization: $172,032.00

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $18.35

About 9 Meters Biopharma (NASDAQ:NMTR) Stock

9 Meters Biopharma, Inc., a clinical-stage biopharmaceutical company, focuses on treatments for people with rare digestive diseases, gastrointestinal conditions with unmet needs, and debilitating disorders in North America. Its lead product candidate is Vurolenatide, a long-acting injectable glucagon-like-peptide-1 that is in Phase 3 clinical trial to treat short bowel syndrome. The company is developing NM-136, a humanized monoclonal antibody for the treatment of obesity and obesity-related disorders; NM-102, a small molecule peptide to prevent antigens from trafficking into systemic circulation; and NM-003, a proprietary long-acting glucagon-like peptide-2 receptor agonist for prevention of acute graft versus host disease. Its partnered product is Larazotide, an 8-amino acid peptide, which is in Phase 2 clinical trial for treatment of multi-system inflammatory syndrome. The company has licensing agreements with Amunix, MHS Care Innovation LLC, Alba Therapeutics Corporation, and EBRIS. 9 Meters Biopharma, Inc. is headquartered in Raleigh, North Carolina. On July 17, 2023, 9 Meters Biopharma, Inc. filed a voluntary petition for liquidation under Chapter 7 in the U.S. Bankruptcy Court for the Eastern District of North Carolina.

NMTR Price History

30 days | 90 days | 365 days | Advanced Chart

NMTR Stock News Headlines

August 16, 2023 | fool.com

9 Meters Biopharma (OTC: NMTR.Q)

July 18, 2023 | bizjournals.com

Raleigh firm joins worrying trend of bankruptcies for drugmakers

October 1, 2023 | Legacy Research (Ad)

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July 18, 2023 | reuters.com

Drug developer 9 Meters Biopharma files for bankruptcy protection

July 18, 2023 | finance.yahoo.com

Why Are 9 Meters Biopharma Shares Nosediving Today?

May 30, 2023 | bizjournals.com

Temperato resigns as CEO of Raleigh drugmaker

May 30, 2023 | finance.yahoo.com

9 Meters Biopharma Announces Management Change and Provides Clinical Update on Vurolenatide in Patients with Short Bowel Syndrome

May 28, 2023 | fool.com

9 Meters Biopharma (NASDAQ: NMTR)

October 1, 2023 | Legacy Research (Ad)

Man Gets Into a Self-Driving Tesla… What Happens Next will Shock Everyone (Video)

May 25, 2023 | uk.finance.yahoo.com

NMTR - 9 Meters Biopharma, Inc.

May 19, 2023 | msn.com

Citigroup Maintains 9 Meters Biopharma (NMTR) Neutral Recommendation

May 15, 2023 | finance.yahoo.com

9 Meters Biopharma Provides Business Update and Reports Financial Results for First Quarter 2023

April 5, 2023 | finance.yahoo.com

9 Meters Biopharma Announces Successful Pre-IND Meeting with FDA Regarding Its GIP Antagonist NM-136 for Obesity

March 30, 2023 | bizjournals.com

Why this Raleigh pharma just cut half its workforce

March 28, 2023 | finance.yahoo.com

9 Meters Biopharma Provides Business Update and Reports Financial Results for Fourth Quarter and Full Year 2022

March 25, 2023 | seekingalpha.com

NMTR 9 Meters Biopharma, Inc.

March 22, 2023 | benzinga.com

9 Meters Biopharma Stock (NASDAQ:NMTR), Guidance and Forecast

March 16, 2023 | bizjournals.com

Raleigh pharma raises $5M as phase 3 study begins

March 15, 2023 | finance.yahoo.com

9 Meters Biopharma Announces Closing of $5 Million Registered Direct Offering Priced At-The-Market Under Nasdaq Rules

March 14, 2023 | finance.yahoo.com

9 Meters Biopharma Announces $5 Million Registered Direct Offering Priced at-the-Market Under Nasdaq Rules

March 7, 2023 | finance.yahoo.com

9 Meters Biopharma to Present at the Oppenheimer 33rd Annual Healthcare Conference

February 23, 2023 | theguardian.com

Suppliers told to remove prepayment meters that were wrongly force-fitted

January 31, 2023 | finance.yahoo.com

9 Meters Biopharma to Present at the 2023 BIO CEO & Investor Conference

January 17, 2023 | theguardian.com

Labour calls for halt to ‘shameful’ forced installation of prepayment meters

January 15, 2023 | theguardian.com

MPs warn over forced prepayment meters as cold weather returns

January 14, 2023 | news.yahoo.com

Energy bills: 'I was forced onto a prepayment meter'

January 14, 2023 | thetimes.co.uk

Millions of families forced to have prepayment gas and electric meters

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NMTR Company Calendar

Last Earnings: 11/15/2021
Today: 9/30/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Biotechnology
Sub-Industry: N/A
Sector: Medical
Current Symbol: NASDAQ:NMTR
CUSIP: N/A
CIK: 1551986
Web: www.9meters.com
Phone: (919) 275-1933
Fax: N/A
Employees: 10
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $18.35
High Stock Price Forecast: $35.00
Low Stock Price Forecast: $1.70
Forecasted Upside/Downside: +152,816.7%
Consensus Rating: Hold
Rating Score (0-4): 2.25
Research Coverage: 4 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($3.46)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-43,770,000.00
Net Margins: N/A
Pretax Margin: N/A
Return on Equity: -584.97%
Return on Assets: -159.45%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 0.59
Quick Ratio: 0.59

Sales & Book Value

Annual Sales: N/A
Price / Sales: N/A
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $0.19 per share
Price / Book: 0.06

Miscellaneous

Outstanding Shares: 14,336,000
Free Float: 13,992,000
Market Cap: $172,032.00
Optionable: Optionable
Beta: 1.36

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Key Executives

Ms. Bethany Sensenig C.M.A. (Age 47)
M.B.A., Interim CEO & CFO
Comp: $525.59k

Dr. Peter H. R. Green M.D.
Clinical & Scientific Advisor and Consultant

Mr. Joseph A. Murray M.D.
Clinical & Scientific Advisor and Consultant

Dr. Ciaran P. Kelly M.D.
Clinical & Scientific Advisor and Consultant

Dr. Elena Verdu M.D.
Ph.D., Clinical & Scientific Advisor and Consultant

Mr. Markku Mäki M.D.
Ph.D., Clinical & Scientific Advisor and Consultant

Dr. William J. Sandborn M.D. (Age 60)
Ph.D., Clinical & Scientific Advisor and Consultant

Dr. Roger Liddle M.D.
Clinical & Scientific Advisor and Consultant

Dr. Anthony J. Dimarino Jr.
Clinical & Scientific Advisor and Consultant

Dr. Brian Gordon Feagan FRCPC
M.D., M.P.H., Clinical & Scientific Advisor and Consultant

Key Competitors

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Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

NMTR Stock - Frequently Asked Questions

Should I buy or sell 9 Meters Biopharma stock right now?: 4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for 9 Meters Biopharma in the last twelve months. There are currently 3 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" NMTR shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in NMTR, but not buy additional shares or sell existing shares.
View NMTR analyst ratings or view top-rated stocks.
What is 9 Meters Biopharma's stock price forecast for 2023?: 4 equities research analysts have issued 1-year target prices for 9 Meters Biopharma's stock. Their NMTR share price forecasts range from $1.70 to $35.00. On average, they expect the company's share price to reach $18.35 in the next year. This suggests a possible upside of 152,816.7% from the stock's current price.
View analysts price targets for NMTR or view top-rated stocks among Wall Street analysts.
How have NMTR shares performed in 2023?: 9 Meters Biopharma's stock was trading at $1.26 at the start of the year. Since then, NMTR stock has decreased by 99.0% and is now trading at $0.0120.
View the best growth stocks for 2023 here.
How were 9 Meters Biopharma's earnings last quarter?: 9 Meters Biopharma, Inc. (NASDAQ:NMTR) announced its quarterly earnings results on Monday, November, 15th. The company reported ($1.00) earnings per share for the quarter, missing analysts' consensus estimates of ($0.74) by $0.26.
When did 9 Meters Biopharma's stock split?: 9 Meters Biopharma's stock reverse split before market open on Tuesday, October 18th 2022. The 1-20 reverse split was announced on Tuesday, October 18th 2022. The number of shares owned by shareholders was adjusted after the closing bell on Tuesday, October 18th 2022. An investor that had 100 shares of stock prior to the reverse split would have 5 shares after the split.

What other stocks do shareholders of 9 Meters Biopharma own?: Based on aggregate information from My MarketBeat watchlists, some companies that other 9 Meters Biopharma investors own include Acasti Pharma (ACST), Miragen Therapeutics (MGEN), Bionano Genomics (BNGO), Evofem Biosciences (EVFM), Outlook Therapeutics (OTLK), Tonix Pharmaceuticals (TNXP), Alibaba Group (BABA), Cellectar Biosciences (CLRB), Pfizer (PFE) and Soleno Therapeutics (SLNO).
What is 9 Meters Biopharma's stock symbol?: 9 Meters Biopharma trades on the NASDAQ under the ticker symbol "NMTR."
How do I buy shares of 9 Meters Biopharma?: Shares of NMTR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is 9 Meters Biopharma's stock price today?: One share of NMTR stock can currently be purchased for approximately $0.01.
How much money does 9 Meters Biopharma make?: 9 Meters Biopharma (NASDAQ:NMTR) has a market capitalization of $172,032.00. The company earns $-43,770,000.00 in net income (profit) each year or ($3.46) on an earnings per share basis.
How can I contact 9 Meters Biopharma?: 9 Meters Biopharma's mailing address is 8480 HONEYCUTT ROAD SUITE 120, RALEIGH NC, 27615. The official website for the company is www.9meters.com. The company can be reached via phone at (919) 275-1933 or via email at investor-relations@9meters.com.

This page (NASDAQ:NMTR) was last updated on 10/1/2023 by MarketBeat.com Staff

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