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NASDAQ:LABP

Landos Biopharma (LABP) Stock Price, News & Analysis

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About Landos Biopharma Stock (NASDAQ:LABP)

Key Stats

Today's Range
$22.75
$22.94
50-Day Range
$21.51
$22.93
52-Week Range
$2.50
$22.94
Volume
50,800 shs
Average Volume
19,700 shs
Market Capitalization
$71.77 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$20.42
Consensus Rating
Hold

Company Overview

Landos Biopharma, Inc., a clinical-stage biopharmaceutical company, discovers and develops oral therapeutics for patients with autoimmune diseases. Its lead product candidate is NX-13, an oral gut-selective Nucleotide Oligomerization Domain (NLRX1), a mitochondria-associated receptor associated with the modulation of inflammatory cytokines that is in Phase 2 clinical trial to treat ulcerative colitis (UC) and completed Phase 1 to treat Crohn's disease (CD). The company's preclinical candidates in development include LABP-73, an oral and small molecule NLRX1 pathway agonist for the treatment of asthma and eosinophilic disorders; LABP-66 is an oral and small molecule NLRX1 pathway agonist for the treatment of multiple sclerosis and neurodegenerative disorders; and LABP-69, an oral PLXDC2 agonist for the treatment of rheumatoid arthritis, UC, and CD. The company has a license and collaboration agreement with LianBio Respiratory Limited to develop, manufacture, and commercialize omilancor and NX-13. Landos Biopharma, Inc. was incorporated in 2017 and is headquartered in Blacksburg, Virginia.

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LABP Stock News Headlines

Man behind OpenAI makes shocking new bet
Billionaire Sam Altman has become one of the most powerful men in the world by running OpenAI… But there’s a far lesser known investment he’s making that could put OpenAI to shame. In fact this Sam Altman-backed company could actually become a crucial partner for OpenAI… And the US Military… not to mention hundreds of other giant companies around the globe. To make the story even crazier… this company only recently became viable, thanks to an obscure piece of legislation that President Trump signed before he left office… Which ordered the government to take this incredible new technology seriously.
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LABP Stock Analysis - Frequently Asked Questions

Landos Biopharma, Inc. (NASDAQ:LABP) issued its quarterly earnings data on Friday, May, 12th. The company reported ($0.90) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($1.00) by $0.10.

Landos Biopharma's stock reverse split before market open on Friday, May 26th 2023. The 1-10 reverse split was announced on Friday, May 26th 2023. The number of shares owned by shareholders was adjusted after the market closes on Friday, May 26th 2023. An investor that had 100 shares of stock prior to the reverse split would have 10 shares after the split.

Landos Biopharma (LABP) raised $101 million in an initial public offering (IPO) on Thursday, February 4th 2021. The company issued 6,300,000 shares at a price of $15.00-$17.00 per share. J.P. Morgan, Jefferies and SVB Leerink acted as the underwriters for the IPO and Raymond James was co-manager.

Based on aggregate information from My MarketBeat watchlists, some other companies that Landos Biopharma investors own include NVIDIA (NVDA), Broadcom (AVGO), Meta Platforms (META), Adobe (ADBE), e.l.f. Beauty (ELF), Jabil (JBL) and Arista Networks (ANET).

Company Calendar

Last Earnings
5/12/2023
Today
11/21/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Pharmaceutical preparations
Sub-Industry
N/A
Current Symbol
NASDAQ:LABP
Fax
N/A
Employees
19
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$20.42
High Stock Price Target
$20.42
Low Stock Price Target
$20.42
Potential Upside/Downside
-10.9%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
1 Analysts

Profitability

Net Income
$-21,930,000.00
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$18 million
Book Value
$7.41 per share

Miscellaneous

Free Float
3,085,000
Market Cap
$71.77 million
Optionable
Not Optionable
Beta
0.14
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This page (NASDAQ:LABP) was last updated on 11/21/2024 by MarketBeat.com Staff
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