Synlogic Announces Decision to Discontinue Synpheny-3 Study andProvides Corporate Update

SYBX Stock  USD 1.43  0.02  1.42%   
Slightly above 53% of Synlogic's investors are presently thinking to get in. The analysis of the overall investor sentiment regarding Synlogic suggests that some traders are interested. Synlogic's investing sentiment can be driven by a variety of factors including economic data, Synlogic's earnings reports, geopolitical events, and overall market trends.
  
Decision to end trial follows internal review of initial data indicating study unlikely to meet primary endpoint Data review found treatment to be safe and well-tolerated Board of Directors plans to perform assessment of strategic options CAMBRIDGE, Mass., Feb. 08, 2024 -- Synlogic, Inc. , a biopharmaceutical company advancing novel therapeutics to transform the care of serious diseases, announced today the decision to discontinue Synpheny-3, its ongoing pivotal st

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Synlogic Investor Sentiment by Other News Outlets

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Synlogic Fundamental Analysis

We analyze Synlogic's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Synlogic using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Synlogic 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.

Price To Book

Price To Book Comparative Analysis

Synlogic is currently under evaluation in price to book category among its peers. Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.

Synlogic 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 Synlogic stock to make a market-neutral strategy. Peer analysis of Synlogic could also be used in its relative valuation, which is a method of valuing Synlogic by comparing valuation metrics with similar companies.

Peers

Synlogic Related Equities

ANTXAN2 Therapeutics   8.94   
0%
100.0%
THRDThird Harmonic   8.91   
0%
99.0%
CCCCC4 Therapeutics   5.99   
0%
67.0%
TARAProtara Therapeutics   4.37   
0%
48.0%
ERASErasca   3.85   
0%
43.0%
GBIOGeneration Bio   3.79   
0%
42.0%
KRONKronos Bio   3.45   
0%
38.0%
ACIUAC Immune   2.74   
0%
30.0%
MNPRMonopar Therapeutics   1.98   
0%
22.0%
SABSSAB Biotherapeutics   1.95   
0%
21.0%
GLUEMonte Rosa   1.68   
0%
18.0%
STOKStoke Therapeutics   1.42   
0%
15.0%
EWTXEdgewise Therapeutics   0.69   
0%
7.0%
VCNXVaccinex   0.56   
0%
6.0%
SRZNSurrozen   1.61   
18.0%
0%
PCSAProcessa Pharmaceuticals   2.27   
25.0%
0%
FDMT4D Molecular   2.50   
27.0%
0%
PASGPassage Bio   5.56   
62.0%
0%

Additional Tools for Synlogic Stock Analysis

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