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NASDAQ:GLUE

Monte Rosa Therapeutics (GLUE) Stock Price, News & Analysis

$5.69
-0.32 (-5.32%)
(As of 09/6/2024 ET)
Today's Range
$5.51
$6.04
50-Day Range
$3.59
$6.97
52-Week Range
$2.44
$8.84
Volume
116,612 shs
Average Volume
191,484 shs
Market Capitalization
$287.41 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$13.75

Monte Rosa Therapeutics MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
141.7% Upside
$13.75 Price Target
Short Interest
Bearish
6.52% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.63mentions of Monte Rosa Therapeutics in the last 14 days
Based on 2 Articles This Week
Insider Trading
Selling Shares
$6,166 Sold Last Quarter
Proj. Earnings Growth
Growing
From ($1.89) to ($1.74) Per Share

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.

1.62 out of 5 stars

Medical Sector

624th out of 910 stocks

Biological Products, Except Diagnostic Industry

99th out of 155 stocks

GLUE stock logo

About Monte Rosa Therapeutics Stock (NASDAQ:GLUE)

Monte Rosa Therapeutics, Inc., a clinical-stage biotechnology company, engages in the development of novel small molecule precision medicines that employ the body's natural mechanisms to selectively degrade therapeutically relevant proteins. The company develops MRT-2359, an orally bioavailable molecular glue degrader targeting the translation termination factor protein GSPT1 for the treatment of MYC-driven tumors; MRT-6160 for the treatment of systemic and central nervous system autoimmune diseases; and MRT-8102 for the treatment of IL-1?/NLRP3 driven inflammatory diseases. It also develops CDK2 to treat ovarian, uterine, and breast cancers. The company was incorporated in 2019 and is headquartered in Boston, Massachusetts.

GLUE Stock Price History

GLUE Stock News Headlines

Monte Rosa Therapeutics (NASDAQ:GLUE) Shares Down 3.3%
The death of Nvidia?
Today, I’m warning of another looming catastrophe. Only this time, it’s not in pot stocks, cryptos, or U.S. housing… it's in artificial intelligence. And unless you know what’s really going on in this sector, you could be wiped out. You see, while there is no doubt that the recent advancements in artificial intelligence are game-changing and will drive colossal innovation in every sector of the economy... There's also no escaping that The Big AI Die-Up is coming.
TD Cowen Keeps Their Buy Rating on Monte Rosa Therapeutics (GLUE)
The death of Nvidia?
Today, I’m warning of another looming catastrophe. Only this time, it’s not in pot stocks, cryptos, or U.S. housing… it's in artificial intelligence. And unless you know what’s really going on in this sector, you could be wiped out. You see, while there is no doubt that the recent advancements in artificial intelligence are game-changing and will drive colossal innovation in every sector of the economy... There's also no escaping that The Big AI Die-Up is coming.
See More Headlines
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Company Calendar

Last Earnings
8/08/2024
Today
9/07/2024
Next Earnings (Estimated)
11/14/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Biological products, except diagnostic
Sub-Industry
Pharmaceutical Products
Current Symbol
NASDAQ:GLUE
Fax
N/A
Employees
90
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$13.75
High Stock Price Target
$17.00
Low Stock Price Target
$11.00
Potential Upside/Downside
+141.7%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
4 Analysts

Profitability

Net Income
$-135,350,000.00
Pretax Margin
-2,256.14%

Debt

Sales & Book Value

Annual Sales
$5.76 million
Book Value
$3.66 per share

Miscellaneous

Free Float
47,229,000
Market Cap
$287.41 million
Optionable
Optionable
Beta
1.44
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Key Executives

  • Dr. Markus Warmuth M.D. (Age 52)
    President, CEO & Director
    Comp: $901.35k
  • Dr. Owen B. Wallace Ph.D. (Age 55)
    Chief Scientific Officer
    Comp: $630.68k
  • Dr. Filip Janku M.D. (Age 49)
    Ph.D., Chief Medical Officer
    Comp: $658.66k
  • Ms. Jennifer Champoux
    Chief People & Operations Officer
  • Dr. Sharon Townson Ph.D. (Age 49)
    Chief Technology Officer
  • Dr. John C. Castle Ph.D. (Age 52)
    Chief Data & Information Officer
  • Mr. Andrew Funderburk
    Senior VP and Head of IR & Strategic Finance
  • Mr. Philip Nickson J.D. (Age 45)
    Ph.D., General Counsel
  • Mr. Magnus Walter DPHIL
    Senior Vice President of Drug Discovery
  • Mr. Edmund Dunn (Age 58)
    Vice President & Corporate Controller

GLUE Stock Analysis - Frequently Asked Questions

How have GLUE shares performed this year?

Monte Rosa Therapeutics' stock was trading at $5.65 on January 1st, 2024. Since then, GLUE shares have increased by 0.7% and is now trading at $5.69.
View the best growth stocks for 2024 here
.

How were Monte Rosa Therapeutics' earnings last quarter?

Monte Rosa Therapeutics, Inc. (NASDAQ:GLUE) issued its quarterly earnings results on Thursday, August, 8th. The company reported ($0.43) EPS for the quarter, beating the consensus estimate of ($0.50) by $0.07. The firm had revenue of $4.70 million for the quarter, compared to analysts' expectations of $3.20 million.

When did Monte Rosa Therapeutics IPO?

Monte Rosa Therapeutics (GLUE) raised $211 million in an initial public offering (IPO) on Thursday, June 24th 2021. The company issued 11,700,000 shares at a price of $17.00-$19.00 per share.

Who are Monte Rosa Therapeutics' major shareholders?

Top institutional investors of Monte Rosa Therapeutics include Renaissance Technologies LLC (0.50%), Dimensional Fund Advisors LP (0.30%), Bank of New York Mellon Corp (0.22%) and Acadian Asset Management LLC (0.20%).
View institutional ownership trends
.

How do I buy shares of Monte Rosa Therapeutics?

Shares of GLUE 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:GLUE) was last updated on 9/7/2024 by MarketBeat.com Staff

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