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NASDAQ:FMTX

Forma Therapeutics (FMTX) Stock Price, News & Analysis

Forma Therapeutics logo

About Forma Therapeutics Stock (NASDAQ:FMTX)

Key Stats

Today's Range
$20.01
$20.01
50-Day Range
$19.91
$20.01
52-Week Range
$4.95
$20.68
Volume
1 shs
Average Volume
847,595 shs
Market Capitalization
$957.54 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
N/A
Consensus Rating
N/A

Company Overview

Forma Therapeutics Holdings, Inc., a clinical-stage biopharmaceutical company, focuses on development and commercialization of novel therapeutics for treatment of rare hematologic diseases and cancers. Its core product candidates for development include FT-4202, which is Phase 1 trial for the treatment of sickle cell disease and other hemoglobinopathies; and FT-7051 for the treatment of metastatic castration-resistant prostate cancer. The company is also developing Olutasidenib, a selective inhibitor for cancers with isocitrate dehydrogenase 1 gene mutations, which is in Phase II trial for the treatment of relapsed/refractory acute myeloid leukemia and Phase I trial to treat glioma; and FT-8225, a liver-targeted fatty-acid synthase inhibitor designed to block de novo lipogenesis in the liver. Forma Therapeutics Holdings, Inc. was founded in 2007 and is headquartered in Watertown, Massachusetts. As of October 14, 2022, Forma Therapeutics Holdings, Inc. operates as a subsidiary of Novo Nordisk A/S.

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FMTX Stock News Headlines

Forma Therapeutics Holdings, Inc. (FMTX)
We recommended Palantir in 2021, now we’re recommending this...
My research indicates there is only one investment that can meet AI's unprecedented demand for energy.
4 Analysts Have This to Say About Forma Therapeutics Hldgs
Forma Therapeutics: Rare Disease Play
Novo Nordisk To Acquire Forma Therapeutics - Quick Facts
See More Headlines

FMTX Stock Analysis - Frequently Asked Questions

Forma Therapeutics Holdings, Inc. (NASDAQ:FMTX) posted its quarterly earnings results on Friday, November, 12th. The company reported ($0.91) earnings per share for the quarter, topping analysts' consensus estimates of ($0.96) by $0.05.

Forma Therapeutics (FMTX) raised $201 million in an initial public offering (IPO) on Friday, June 19th 2020. The company issued 11,800,000 shares at a price of $16.00-$18.00 per share. Jefferies' SVB Leerink and Credit Suisse acted as the underwriters for the IPO.

Based on aggregate information from My MarketBeat watchlists, some other companies that Forma Therapeutics investors own include Tesla (TSLA), HubSpot (HUBS), Cheniere Energy (LNG), Netflix (NFLX), Domino's Pizza (DPZ), Marvell Technology (MRVL) and Viper Energy (VNOM).

Company Calendar

Last Earnings
11/12/2021
Today
12/22/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Biological products, except diagnostic
Sub-Industry
N/A
Current Symbol
NASDAQ:FMTX
Fax
N/A
Employees
166
Year Founded
N/A

Profitability

Net Income
$-172,960,000.00
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$100.56 million
Book Value
$10.51 per share

Miscellaneous

Free Float
45,082,000
Market Cap
$957.54 million
Optionable
Not Optionable
Beta
-0.94
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This page (NASDAQ:FMTX) was last updated on 12/22/2024 by MarketBeat.com Staff
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