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Burning Rock Biotech (BNR) Stock Price, News & Analysis

Burning Rock Biotech logo
$6.58 +0.43 (+6.99%)
(As of 12/20/2024 05:15 PM ET)

About Burning Rock Biotech Stock (NASDAQ:BNR)

Key Stats

Today's Range
$5.96
$7.00
50-Day Range
$2.71
$7.16
52-Week Range
$2.62
$9.99
Volume
13,780 shs
Average Volume
13,954 shs
Market Capitalization
$67.41 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
N/A
Consensus Rating
N/A

Company Overview

Burning Rock Biotech Limited primarily develops and commercializes cancer therapy selection tests in the People's Republic of China. It operates in three segments: Central Laboratory Business, In-Hospital Business, and Pharma Research and Development Services. The company primarily offers next-generation sequencing-based tissue and liquid biopsy cancer therapy selection and prognosis prediction tests for various range of cancer types, including lung cancer, gastrointestinal cancer, prostate cancer, breast cancer, lymphomas, thyroid cancer, colorectal cancer, ovarian cancer, pancreatic cancer, and bladder cancer using tissue and liquid biopsy samples. Its principal products include OncoCompass IO, a corresponding test for liquid biopsy samples; OncoScreen IO, a pan-cancer test for tissue samples; and OncoCompass Target, a ctDNA liquid biopsy-based test for NSCLC. In addition, the company provides ColonCore for assessing microsatellite loci related to MSI status and detecting mutations in genes associated with gastrointestinal cancers; and brPROPHET, a pre-operative ctDNA detection and post-operative MRD calling for relapsed patients. Further, it has development and commercialization agreement with Myriad Genetics, Inc. to in-license Myriad myChoice tumor testing in China; licensing agreement with Oncocyte Corporation to in-license DetermaRx, a risk stratification test for early stage lung cancer patients in China; and collaborations on clinical trials and research studies with AstraZeneca, Bayer, Johnson & Johnson, CStone, BeiGene, Abbisko Therapeutics, and IMPACT Therapeutics and Merck KGaA. Additionally, the company offers OncoMaster, an automatic NGS data analysis and report interpretation machine for in-hospital model. Burning Rock Biotech Limited was incorporated in 2014 and is headquartered in Guangzhou, China.

Burning Rock Biotech Stock Analysis - MarketRank™

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40th Percentile Overall Score

BNR MarketRank™: 

Burning Rock Biotech scored higher than 40% of companies evaluated by MarketBeat, and ranked 219th out of 330 stocks in the business services sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    There is not enough analysis data for Burning Rock Biotech.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Burning Rock Biotech is -2.19, 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 Burning Rock Biotech is -2.19, 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

    Burning Rock Biotech has a P/B Ratio of 0.62. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    0.88% of the float of Burning Rock Biotech has been sold short.
  • Short Interest Ratio / Days to Cover

    Burning Rock Biotech has a short interest ratio ("days to cover") of 2.2, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Burning Rock Biotech has recently decreased by 10.30%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    Burning Rock Biotech does not currently pay a dividend.

  • Dividend Growth

    Burning Rock Biotech does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    0.88% of the float of Burning Rock Biotech has been sold short.
  • Short Interest Ratio / Days to Cover

    Burning Rock Biotech has a short interest ratio ("days to cover") of 2.2, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Burning Rock Biotech has recently decreased by 10.30%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    Burning Rock Biotech has a news sentiment score of 1.90. 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 higher news sentiment than the 0.60 average news sentiment score of Business Services companies.
  • News Coverage This Week

    MarketBeat has tracked 1 news article for Burning Rock Biotech this week, compared to 0 articles on an average week.
  • Search Interest

    2 people have searched for BNR on MarketBeat in the last 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Burning Rock Biotech insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    30.30% of the stock of Burning Rock Biotech is held by insiders. A high percentage of insider ownership can be a sign of company health.

  • Percentage Held by Institutions

    Only 30.03% of the stock of Burning Rock Biotech is held by institutions.

  • Read more about Burning Rock Biotech's insider trading history.
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BNR Stock News Headlines

Burning Rock Biotech’s Strategic Growth and Financial Results
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Burning Rock Biotech Schedules AGM for December 2024
Burning Rock Reports Third Quarter 2024 Financial Results
See More Headlines

BNR Stock Analysis - Frequently Asked Questions

Burning Rock Biotech's stock was trading at $9.30 on January 1st, 2024. Since then, BNR shares have decreased by 29.2% and is now trading at $6.58.
View the best growth stocks for 2024 here
.

Burning Rock Biotech Limited (NASDAQ:BNR) announced its quarterly earnings data on Tuesday, November, 16th. The company reported ($16.40) EPS for the quarter, missing the consensus estimate of ($16.10) by $0.30. The firm earned $19.65 million during the quarter. Burning Rock Biotech had a negative trailing twelve-month return on equity of 60.68% and a negative net margin of 83.50%.

Shares of Burning Rock Biotech reverse split on Wednesday, May 15th 2024. The 1-10 reverse split was announced on Wednesday, May 15th 2024. The number of shares owned by shareholders was adjusted after the closing bell on Wednesday, May 15th 2024. An investor that had 100 shares of stock prior to the reverse split would have 10 shares after the split.

Burning Rock Biotech (BNR) raised $196 million in an IPO on Friday, June 12th 2020. The company issued 13,500,000 shares at $13.50-$15.50 per share. Morgan Stanley, BofA Securities and Cowen acted as the underwriters for the IPO and CMBI and Tiger Brokers were co-managers.

Burning Rock Biotech's top institutional shareholders include Massachusetts Financial Services Co. MA (3.76%).

Shares of BNR 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.
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Based on aggregate information from My MarketBeat watchlists, some other companies that Burning Rock Biotech investors own include Tesla (TSLA), NVIDIA (NVDA), Intel (INTC), Vertex Pharmaceuticals (VRTX), HubSpot (HUBS), NIO (NIO) and Alibaba Group (BABA).

Company Calendar

Last Earnings
11/16/2021
Today
12/21/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Medical laboratories
Sub-Industry
Healthcare
Current Symbol
NASDAQ:BNR
Fax
N/A
Employees
1,390
Year Founded
N/A

Profitability

Net Income
$-92,070,000.00
Pretax Margin
-83.40%

Debt

Sales & Book Value

Annual Sales
$510.89 million
Book Value
$10.56 per share

Miscellaneous

Free Float
7,140,000
Market Cap
$67.41 million
Optionable
Not Optionable
Beta
0.60

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This page (NASDAQ:BNR) was last updated on 12/21/2024 by MarketBeat.com Staff
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