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NASDAQ:INZY

Inozyme Pharma (INZY) Stock Price, News & Analysis

Inozyme Pharma logo
$2.74 -0.05 (-1.79%)
(As of 01:30 PM ET)

About Inozyme Pharma Stock (NASDAQ:INZY)

Key Stats

Today's Range
$2.63
$2.80
50-Day Range
$2.79
$6.00
52-Week Range
$2.63
$7.80
Volume
216,380 shs
Average Volume
416,088 shs
Market Capitalization
$176.02 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$15.71
Consensus Rating
Buy

Company Overview

Inozyme Pharma, Inc., a clinical-stage rare disease biopharmaceutical company, focuses on developing novel therapeutics for the treatment of vasculature, soft tissue, and skeleton diseases. The company's lead product candidate is INZ-701, a soluble, recombinant, genetically engineered, and fusion protein for the treatment of ENPP1 and ABCC6 deficiencies, as well as patients with end-stage kidney disease receiving hemodialysis. It has a license agreement with Yale University for specified therapeutic and prophylactic products. The company was incorporated in 2015 and is headquartered in Boston, Massachusetts.

Inozyme Pharma Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
25th Percentile Overall Score

INZY MarketRank™: 

Inozyme Pharma scored higher than 25% of companies evaluated by MarketBeat, and ranked 855th out of 963 stocks in the medical sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Inozyme Pharma has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 7 buy ratings, no hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Inozyme Pharma has only been the subject of 4 research reports in the past 90 days.

  • Read more about Inozyme Pharma's stock forecast and price target.
  • Earnings Growth

    Earnings for Inozyme Pharma are expected to decrease in the coming year, from ($1.59) to ($1.65) per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Inozyme Pharma is -1.79, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Inozyme Pharma is -1.79, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Book Value per Share Ratio

    Inozyme Pharma has a P/B Ratio of 2.16. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Read more about Inozyme Pharma's valuation and earnings.
  • Percentage of Shares Shorted

    7.40% of the float of Inozyme Pharma has been sold short.
  • Short Interest Ratio / Days to Cover

    Inozyme Pharma has a short interest ratio ("days to cover") of 12.3, which indicates bearish sentiment.
  • Change versus previous month

    Short interest in Inozyme Pharma has recently increased by 0.62%, indicating that investor sentiment is decreasing.
  • Dividend Yield

    Inozyme Pharma does not currently pay a dividend.

  • Dividend Growth

    Inozyme Pharma does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    7.40% of the float of Inozyme Pharma has been sold short.
  • Short Interest Ratio / Days to Cover

    Inozyme Pharma has a short interest ratio ("days to cover") of 12.3, which indicates bearish sentiment.
  • Change versus previous month

    Short interest in Inozyme Pharma has recently increased by 0.62%, indicating that investor sentiment is decreasing.
  • News Coverage This Week

    MarketBeat has tracked 2 news articles for Inozyme Pharma this week, compared to 2 articles on an average week.
  • Search Interest

    3 people have searched for INZY on MarketBeat in the last 30 days.
  • MarketBeat Follows

    Only 1 people have added Inozyme Pharma to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Inozyme Pharma insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    11.19% of the stock of Inozyme Pharma is held by insiders. A high percentage of insider ownership can be a sign of company health.

  • Percentage Held by Institutions

    88.30% of the stock of Inozyme Pharma is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Inozyme Pharma's insider trading history.
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INZY Stock News Headlines

Inozyme Pharma to Present at Upcoming Investor Conferences
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Inozyme Pharma’s Q3 2024 Financial and Clinical Progress
See More Headlines

INZY Stock Analysis - Frequently Asked Questions

Inozyme Pharma's stock was trading at $4.26 at the start of the year. Since then, INZY shares have decreased by 34.5% and is now trading at $2.79.
View the best growth stocks for 2024 here
.

Inozyme Pharma, Inc. (NASDAQ:INZY) announced its quarterly earnings results on Tuesday, November, 5th. The company reported ($0.39) earnings per share for the quarter, beating analysts' consensus estimates of ($0.44) by $0.05.

Inozyme Pharma (INZY) raised $75 million in an IPO on Friday, July 24th 2020. The company issued 5,000,000 shares at $14.00-$16.00 per share. BofA Securities, Cowen and Piper Sandler acted as the underwriters for the IPO and Wedbush PacGrow was co-manager.

Inozyme Pharma's top institutional investors include Eventide Asset Management LLC (6.44%), Sphera Funds Management LTD. (1.85%), Geode Capital Management LLC (1.82%) and State Street Corp (1.64%). Insiders that own company stock include Longitude Capital Partners Iii, Robert Lorne Hopfner, Pivotal Bioventure Partners Fu, Axel Bolte, Henric Bjorn Bjarke and Douglas A Treco.
View institutional ownership trends
.

Shares of INZY 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.

Based on aggregate information from My MarketBeat watchlists, some other companies that Inozyme Pharma investors own include Salesforce (CRM), Home Depot (HD), Chevron (CVX), Coca-Cola (KO), Meta Platforms (META), QUALCOMM (QCOM) and AbbVie (ABBV).

Company Calendar

Last Earnings
11/05/2024
Today
11/21/2024
Fiscal Year End
12/31/2024
Next Earnings (Estimated)
3/11/2025

Industry, Sector and Symbol

Sector
Medical
Industry
Pharmaceutical preparations
Sub-Industry
Pharmaceutical Products
Current Symbol
NASDAQ:INZY
Fax
N/A
Employees
50
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$15.71
High Stock Price Target
$23.00
Low Stock Price Target
$12.00
Potential Upside/Downside
+473.5%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
7 Analysts

Profitability

Net Income
$-71,170,000.00
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
N/A
Book Value
$1.29 per share

Miscellaneous

Free Float
57,052,000
Market Cap
$176.02 million
Optionable
Optionable
Beta
1.54
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This page (NASDAQ:INZY) was last updated on 11/21/2024 by MarketBeat.com Staff
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