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.
Synlogic |
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
Read at finance.yahoo.com
Synlogic Investor Sentiment by Other News Outlets
Investor sentiment, mood or attitude towards Synlogic can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
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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
ANTX | AN2 Therapeutics | 8.94 | ||||
THRD | Third Harmonic | 8.91 | ||||
CCCC | C4 Therapeutics | 5.99 | ||||
TARA | Protara Therapeutics | 4.37 | ||||
ERAS | Erasca | 3.85 | ||||
GBIO | Generation Bio | 3.79 | ||||
KRON | Kronos Bio | 3.45 | ||||
ACIU | AC Immune | 2.74 | ||||
MNPR | Monopar Therapeutics | 1.98 | ||||
SABS | SAB Biotherapeutics | 1.95 | ||||
GLUE | Monte Rosa | 1.68 | ||||
STOK | Stoke Therapeutics | 1.42 | ||||
EWTX | Edgewise Therapeutics | 0.69 | ||||
VCNX | Vaccinex | 0.56 | ||||
SRZN | Surrozen | 1.61 | ||||
PCSA | Processa Pharmaceuticals | 2.27 | ||||
FDMT | 4D Molecular | 2.50 | ||||
PASG | Passage Bio | 5.56 |
Additional Tools for Synlogic Stock Analysis
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