JNJ Inks Licensing Deal With Kaken for Eczema Candidate KP-723
| CTMX Stock | USD 0.87 0.07 7.45% |
Slightly above 62% of CytomX Therapeutics' investor base is looking to short. The analysis of overall sentiment of trading CytomX Therapeutics stock suggests that many investors are alarmed at this time. CytomX Therapeutics' investing sentiment can be driven by a variety of factors including economic data, CytomX Therapeutics' earnings reports, geopolitical events, and overall market trends.
CytomX |
Johnson Johnson announces a global licensing deal with Kaken for the latters eczema candidate, KP-723, to further strengthen its dermatology portfolio.
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CytomX Therapeutics Fundamental Analysis
We analyze CytomX Therapeutics' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of CytomX Therapeutics using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of CytomX Therapeutics based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Market Capitalization
Market Capitalization Comparative Analysis
CytomX Therapeutics is currently under evaluation in market capitalization category among its peers. Market Capitalization is the total market value of a company's equity. It is one of many ways to value a company and is calculated by multiplying the price of the stock by the number of shares issued. If a firm has one type of stock its market capitalization will be the current market share price multiplied by the number of shares. However, if a company has multiple types of equities then the market cap will be the total of the market caps of the different types of shares.
CytomX Therapeutics Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with CytomX Therapeutics stock to make a market-neutral strategy. Peer analysis of CytomX Therapeutics could also be used in its relative valuation, which is a method of valuing CytomX Therapeutics by comparing valuation metrics with similar companies.
Peers
CytomX Therapeutics Related Equities
| TIL | Instil Bio | 5.30 | ||||
| ACHL | Achilles Therapeutics | 2.21 | ||||
| NXTC | NextCure | 1.25 | ||||
| NUVB | Nuvation Bio | 1.63 | ||||
| SPRO | Spero Therapeutics | 2.27 | ||||
| ASMB | Assembly Biosciences | 3.73 |
Additional Tools for CytomX Stock Analysis
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