Equillium Announces Update on Multi-Cytokine Inhibitors EQ101 EQ102 in Development for Alopecia Areata and Celiac Disease
| EQ Stock | USD 0.75 0.02 2.60% |
Slightly above 66% of Equillium's investor base is looking to short. The analysis of the overall investor sentiment regarding Equillium suggests that many traders are alarmed. Equillium's investing sentiment overview a quick insight into current market opportunities from investing in Equillium. Many technical investors use Equillium stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
Equillium |
LA JOLLA, Calif., December 21, 2023--Equillium, Inc. , a clinical-stage biotechnology company focused on developing novel therapeutics to treat severe autoimmune and inflammatory disorders, today announced an update on multi-cytokine programs EQ101 in development for the treatment of alopecia areata, EQ102 in development for the treatment of celiac disease, and EQ302, a new orally delivered multi-cytokine inhibitor.
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Equillium Investor Sentiment by Other News Outlets
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Equillium Fundamental Analysis
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Short Ratio
Short Ratio Comparative Analysis
Equillium is currently under evaluation in short ratio category among its peers. Short Ratio is typically used by traders and speculators to identify trends in current market sentiment for a particular equity instrument. In its simple terms this ratio shows how many days it will take all current short sellers to cover their positions if the price of a stock begins to rise.
Equillium 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 Equillium stock to make a market-neutral strategy. Peer analysis of Equillium could also be used in its relative valuation, which is a method of valuing Equillium by comparing valuation metrics with similar companies.
Peers
Equillium Related Equities
| TFFP | Tff Pharmaceuticals | 9.68 | ||||
| ELYM | Eliem Therapeutics | 1.30 | ||||
| INBX | Inhibrx | 2.37 | ||||
| ELVN | Enliven Therapeutics | 4.05 |
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