Free Trial
NASDAQ:ABEO

Abeona Therapeutics (ABEO) Stock Price, News & Analysis

$5.55
-0.08 (-1.42%)
(As of 09/6/2024 ET)
Today's Range
$5.34
$5.75
50-Day Range
$4.12
$5.74
52-Week Range
$3.05
$9.01
Volume
193,194 shs
Average Volume
482,322 shs
Market Capitalization
$227.34 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$19.00

Abeona Therapeutics MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
242.3% Upside
$19.00 Price Target
Short Interest
Bearish
7.77% of Float Sold Short
Dividend Strength
N/A
Sustainability
-1.03
Upright™ Environmental Score
News Sentiment
-0.15mentions of Abeona Therapeutics in the last 14 days
Based on 4 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Decreasing
From ($1.28) to ($1.39) 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.

3.26 out of 5 stars

Medical Sector

293rd out of 910 stocks

Pharmaceutical Preparations Industry

125th out of 426 stocks

ABEO stock logo

About Abeona Therapeutics Stock (NASDAQ:ABEO)

Abeona Therapeutics Inc., a clinical-stage biopharmaceutical company, focuses on developing and delivering gene therapy products for severe and life-threatening rare diseases. The company's lead programs are EB-101 (gene-corrected skin grafts) for recessive dystrophic epidermolysis bullosa (RDEB); ABO-102, which are AAV based gene therapies for Sanfilippo syndrome type A; and ABO-101, an adeno-associated virus (AAV) based gene therapies for Sanfilippo syndrome type B. It is also developing ABO-201 gene therapy for juvenile Batten disease; ABO-202 gene therapy for treatment of infantile Batten disease; EB-201 for for epidermolysis bullosa (EB); ABO-301 for Fanconi anemia disorder; and ABO-302 using a novel CRISPR/Cas9-based gene editing approach to gene therapy program for rare blood diseases. Further, it is involved in marketing MuGard, a mucoadhesive oral wound rinse for the management of mucositis, stomatitis, aphthous ulcers, and traumatic ulcers. Abeona Therapeutics Inc. has collaborations with EB Research Partnership and Epidermolysis Bullosa Medical Research Foundation that focus on gene therapy treatments for EB; and Brammer Bio for commercial translation of ABO-102. The company was formerly known as PlasmaTech Biopharmaceuticals, Inc. and changed its name to Abeona Therapeutics Inc. in June 2015. Abeona Therapeutics Inc. was incorporated in 1989 and is based in Dallas, Texas.

ABEO Stock Price History

ABEO Stock News Headlines

Abeona Therapeutics (NASDAQ:ABEO) Stock Rating Lowered by StockNews.com
The solution to fast food’s wage hike crisis
Shake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase, according to the NY Post. With a sky-high 150% turnover rate, the fast food industry is already grappling with labor issues before taking into account these wage hikes. The industry will need a projected 1 million new workers every year through 2032.
The solution to fast food’s wage hike crisis
Shake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase, according to the NY Post. With a sky-high 150% turnover rate, the fast food industry is already grappling with labor issues before taking into account these wage hikes. The industry will need a projected 1 million new workers every year through 2032.
0H7R.IL,0P0001H727,0 (0H7R.IL)
See More Headlines
Receive ABEO Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Abeona Therapeutics and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

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

Industry, Sector and Symbol

Sector
Medical
Industry
Pharmaceutical preparations
Sub-Industry
N/A
Current Symbol
NASDAQ:ABEO
Previous Symbol
OTCMKTS:ACCP
Employees
N/A
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$19.00
High Stock Price Target
$21.00
Low Stock Price Target
$15.00
Potential Upside/Downside
+242.3%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
3 Analysts

Profitability

Net Income
$-54,190,000.00
Pretax Margin
-2,190.26%

Debt

Sales & Book Value

Annual Sales
$3.50 million
Book Value
$1.69 per share

Miscellaneous

Free Float
38,792,000
Market Cap
$227.34 million
Optionable
Optionable
Beta
1.59
13 Stocks Institutional Investors Won't Stop Buying Cover

Which stocks are major institutional investors including hedge funds and endowments buying in today's market? Click the link below and we'll send you MarketBeat's list of thirteen stocks that institutional investors are buying up as quickly as they can.

Get This Free Report

ABEO Stock Analysis - Frequently Asked Questions

How have ABEO shares performed this year?

Abeona Therapeutics' stock was trading at $5.01 at the beginning of 2024. Since then, ABEO stock has increased by 10.8% and is now trading at $5.55.
View the best growth stocks for 2024 here
.

How were Abeona Therapeutics' earnings last quarter?

Abeona Therapeutics Inc (NASDAQ:ABEO) announced its earnings results on Monday, August, 12th. The biopharmaceutical company reported ($0.75) earnings per share for the quarter, missing the consensus estimate of ($0.33) by $0.42.

When did Abeona Therapeutics' stock split?

Abeona Therapeutics's stock reverse split on the morning of Tuesday, July 5th 2022. The 1-25 reverse split was announced on Tuesday, July 5th 2022. The number of shares owned by shareholders was adjusted after the closing bell on Tuesday, July 5th 2022. An investor that had 100 shares of stock prior to the reverse split would have 4 shares after the split.

Who are Abeona Therapeutics' major shareholders?

Abeona Therapeutics' top institutional shareholders include Rosalind Advisors Inc. (4.27%), Renaissance Technologies LLC (1.23%), Simplify Asset Management Inc. (1.00%) and Bank of New York Mellon Corp (0.30%). Insiders that own company stock include Vishwas Seshadri, Brendan M O'malley, Michael Amoroso, Christine Berni Silverstein, Faith L Charles, Mark Alvino, Todd Wider and Edward Carr.
View institutional ownership trends
.

How do I buy shares of Abeona Therapeutics?

Shares of ABEO 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.

What other stocks do shareholders of Abeona Therapeutics own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Abeona Therapeutics investors own include Brainstorm Cell Therapeutics (BCLI), Corbus Pharmaceuticals (CRBP), OPKO Health (OPK), Sangamo Therapeutics (SGMO), Energy Transfer (ET), Sorrento Therapeutics (SRNE) and Micron Technology (MU).

This page (NASDAQ:ABEO) was last updated on 9/7/2024 by MarketBeat.com Staff

From Our Partners