NASDAQ:PPBT

Purple Biotech (PPBT) Stock Price, News & Analysis

$0.49
-0.03 (-5.77%)
(As of 04/26/2024 ET)
Today's Range
$0.48
$0.54
50-Day Range
$0.40
$0.92
52-Week Range
$0.30
$2.08
Volume
176,664 shs
Average Volume
221,850 shs
Market Capitalization
$12.37 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$9.00

Purple Biotech MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
1,736.7% Upside
$9.00 Price Target
Short Interest
Healthy
0.93% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.00mentions of Purple Biotech in the last 14 days
Based on 3 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.39 out of 5 stars

Medical Sector

717th out of 914 stocks

Biotechnology Industry

10th out of 22 stocks

PPBT stock logo

About Purple Biotech Stock (NASDAQ:PPBT)

Purple Biotech Ltd., a clinical-stage company, focuses on developing therapies to overcome tumor immune evasion and drug resistance for cancer patients in the United States. Its oncology pipeline includes CM24, a humanized monoclonal antibody that blocks the interactions of carcinoembryonic antigen related cell adhesion molecule 1 as a combination therapy with anti-PD-1 checkpoint inhibitors, which is in Phase 2 clinical trial for the treatment of pancreatic ductal adenocarcinoma; NT219, a small molecule that targets and inhibits insulin receptor substrate 1 and 2, and signal transducer and activator of transcription, which is in Phase 1/2 clinical trials for the treatment recurrent and/or metastatic squamous cell carcinoma of the head and neck cancer or colorectal adenocarcinoma; and IM1240, a multi-valent antibody designed to activate anti-tumoral immune response against 5T4-positive tumors, which is in preclinical stage. The company has collaboration agreement with Bristol Myers Squibb Company to evaluate the combination of CM24 with the PD-1 inhibitor nivolumab in addition to chemotherapy. The company was formerly known as Kitov Pharma Ltd and changed its name to Purple Biotech Ltd. in December 2020. The company is headquartered in Rehovot, Israel.

PPBT Stock Price History

PPBT Stock News Headlines

Purple Biotech (NASDAQ:PPBT) Trading Up 8.1%
The “Next Bitcoin”? 10 CENT Crypto Set to Explode
The man who bought Bitcoin and Ethereum in 2017… and has spotted 44 different coins that have returned over 100%... Is now exposing a 10-cent coin that just partnered with Amazon…
Purple Biotech Ltd (PPBT)
The “Next Bitcoin”? 10 CENT Crypto Set to Explode
The man who bought Bitcoin and Ethereum in 2017… and has spotted 44 different coins that have returned over 100%... Is now exposing a 10-cent coin that just partnered with Amazon…
Purple Biotech Ltd ADR
Purple Biotech Ltd. ADR
Purple Biotech Ltd ADR PPBT
Purple Biotech Reaches Recommended Phase 2 Dose for NT219
Purple Biotech Fortifies NT219 Patent Protection
See More Headlines
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Company Calendar

Last Earnings
3/05/2024
Today
4/27/2024
Next Earnings (Estimated)
5/21/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Biotechnology
Sub-Industry
N/A
Current Symbol
NASDAQ:PPBT
Employees
20
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$9.00
High Stock Price Target
$10.00
Low Stock Price Target
$8.00
Potential Upside/Downside
+1,736.7%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
3 Analysts

Profitability

Net Income
$-19,880,000.00
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
N/A
Book Value
$1.36 per share

Miscellaneous

Free Float
24,486,000
Market Cap
$12.37 million
Optionable
Optionable
Beta
0.94
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Key Executives

  • Mr. Gil Efron CPA (Age 58)
    M.A., Chief Executive Officer
    Comp: $455.44k
  • Dr. Michael Schickler Ph.D. (Age 66)
    Head of Clinical & Regulatory Affairs
    Comp: $264.98k
  • Mr. Lior Fhima CPA (Age 47)
    M.B.A., Chief Financial Officer
  • Mr. Ido Morpurgo B.Sc. (Age 52)
    L.L.M., Vice President of Operations

PPBT Stock Analysis - Frequently Asked Questions

Should I buy or sell Purple Biotech stock right now?

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Purple Biotech in the last year. There are currently 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" PPBT shares.
View PPBT analyst ratings
or view top-rated stocks.

What is Purple Biotech's stock price target for 2024?

3 equities research analysts have issued 1-year price objectives for Purple Biotech's stock. Their PPBT share price targets range from $8.00 to $10.00. On average, they anticipate the company's stock price to reach $9.00 in the next year. This suggests a possible upside of 1,736.7% from the stock's current price.
View analysts price targets for PPBT
or view top-rated stocks among Wall Street analysts.

How have PPBT shares performed in 2024?

Purple Biotech's stock was trading at $0.78 at the beginning of the year. Since then, PPBT shares have decreased by 37.2% and is now trading at $0.49.
View the best growth stocks for 2024 here
.

When is Purple Biotech's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 21st 2024.
View our PPBT earnings forecast
.

How were Purple Biotech's earnings last quarter?

Purple Biotech Ltd (NASDAQ:PPBT) posted its quarterly earnings results on Tuesday, March, 5th. The company reported ($0.32) EPS for the quarter, missing analysts' consensus estimates of ($0.17) by $0.15.

How do I buy shares of Purple Biotech?

Shares of PPBT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:PPBT) was last updated on 4/27/2024 by MarketBeat.com Staff

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