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NASDAQ:ADXN

Addex Therapeutics (ADXN) Stock Price, News & Analysis

Addex Therapeutics logo
$8.62 -0.16 (-1.82%)
(As of 11/27/2024 05:20 PM ET)

About Addex Therapeutics Stock (NASDAQ:ADXN)

Key Stats

Today's Range
$8.38
$8.94
50-Day Range
$7.38
$11.56
52-Week Range
$5.00
$27.90
Volume
24,783 shs
Average Volume
97,690 shs
Market Capitalization
$9.14 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$30.00
Consensus Rating
Buy

Company Overview

Addex Therapeutics Ltd discovers, develops, and commercializes small-molecule pharmaceutical products for central nervous system (CNS) disorders in Switzerland. The company focuses on the discovery of G-protein coupled receptors and enzymes. Its lead programs include Dipraglurant for the treatment of Parkinson's disease levodopa-induced dyskinesia and dystonia, and post-stroke/TBI recovery; ADX71149, a novel orally active metabotropic glutamate receptor subtype 2 positive allosteric modulator (mGlu2 PAM) for the treatment of epilepsy; and GABAB PAM for the treatment of pain, anxiety, overactive bladder, and addiction, as well as substance use disorder. Addex Therapeutics Ltd has license and collaboration agreement with Janssen Pharmaceuticals Inc. for the discovery, development, and commercialization of novel mGlu2 PAM compounds for the treatment of CNS and related diseases; license and research agreement with Indivior PLC discovery, development, and commercialization of novel GABAB PAM compounds for the treatment of addiction and other CNS diseases; and The CharcotMarieTooth Association to evaluate the role of GABAB PAM compounds in preclinical models of CMT1A. The company was formerly known as Addex Pharmaceuticals Ltd. Addex Therapeutics Ltd was founded in 2002 and is based in Geneva, Switzerland.

Addex Therapeutics Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
48th Percentile Overall Score

ADXN MarketRank™: 

Addex Therapeutics scored higher than 48% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Addex Therapeutics has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Addex Therapeutics has only been the subject of 1 research reports in the past 90 days.

  • Read more about Addex Therapeutics' stock forecast and price target.
  • Earnings Growth

    Earnings for Addex Therapeutics are expected to decrease in the coming year, from $9.80 to ($5.60) per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Addex Therapeutics is -25.35, 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 Addex Therapeutics is -25.35, 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

    Addex Therapeutics has a P/B Ratio of 0.71. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    2.25% of the float of Addex Therapeutics has been sold short.
  • Short Interest Ratio / Days to Cover

    Addex Therapeutics has a short interest ratio ("days to cover") of 0.1, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Addex Therapeutics has recently increased by 425.71%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    Addex Therapeutics does not currently pay a dividend.

  • Dividend Growth

    Addex Therapeutics does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    2.25% of the float of Addex Therapeutics has been sold short.
  • Short Interest Ratio / Days to Cover

    Addex Therapeutics has a short interest ratio ("days to cover") of 0.1, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Addex Therapeutics has recently increased by 425.71%, indicating that investor sentiment is decreasing significantly.
  • News Sentiment

    Addex Therapeutics has a news sentiment score of 0.37. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.73 average news sentiment score of Medical companies.
  • News Coverage This Week

    MarketBeat has tracked 10 news articles for Addex Therapeutics this week, compared to 1 article on an average week.
  • Insider Buying vs. Insider Selling

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

  • Percentage Held by Insiders

    15.00% of the stock of Addex Therapeutics is held by insiders. A high percentage of insider ownership can be a sign of company health.

  • Percentage Held by Institutions

    Only 16.14% of the stock of Addex Therapeutics is held by institutions.

  • Read more about Addex Therapeutics' insider trading history.
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ADXN Stock News Headlines

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It's a groundbreaking opportunity that could be poised for extraordinary gains. The catalyst behind this surge is a massive new blockchain development…
Addex Therapeutics Q3 Net Loss Narrows, Income Drops
See More Headlines

ADXN Stock Analysis - Frequently Asked Questions

Addex Therapeutics' stock was trading at $6.05 at the beginning of 2024. Since then, ADXN stock has increased by 42.5% and is now trading at $8.62.
View the best growth stocks for 2024 here
.

Addex Therapeutics Ltd (NASDAQ:ADXN) released its quarterly earnings data on Monday, September, 30th. The company reported ($1.77) EPS for the quarter, missing analysts' consensus estimates of ($0.07) by $1.70. The business had revenue of $0.13 million for the quarter, compared to analysts' expectations of $0.26 million. Addex Therapeutics had a negative trailing twelve-month return on equity of 112.43% and a net margin of 850.30%.

Addex Therapeutics shares reverse split before market open on Monday, October 23rd 2023. The 1-20 reverse split was announced on Monday, October 23rd 2023. The number of shares owned by shareholders was adjusted after the closing bell on Monday, October 23rd 2023. An investor that had 100 shares of stock prior to the reverse split would have 5 shares after the split.

Shares of ADXN 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 Addex Therapeutics investors own include Arista Networks (ANET), Adobe (ADBE), NVIDIA (NVDA), Broadcom (AVGO), General Electric (GE), Vista Energy (VIST) and Arch Capital Group (ACGL).

Company Calendar

Last Earnings
9/30/2024
Today
11/28/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Pharmaceutical preparations
Sub-Industry
Pharmaceutical Products
Current Symbol
NASDAQ:ADXN
Employees
30
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$30.00
High Stock Price Target
$30.00
Low Stock Price Target
$30.00
Potential Upside/Downside
+248.0%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$-11,760,000.00
Pretax Margin
-1,106.55%

Debt

Sales & Book Value

Annual Sales
$829,941.00
Book Value
$12.06 per share

Miscellaneous

Free Float
901,000
Market Cap
$9.14 million
Optionable
Not Optionable
Beta
1.78
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This page (NASDAQ:ADXN) was last updated on 11/28/2024 by MarketBeat.com Staff
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