Acumen Pharmaceuticals Stock Today

ABOS Stock  USD 2.31  0.06  2.53%   

Performance

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Odds Of Distress

Over 55

 
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Acumen Pharmaceuticals is selling for under 2.31 as of the 21st of November 2024; that is 2.53 percent decrease since the beginning of the trading day. The stock's lowest day price was 2.25. Acumen Pharmaceuticals has over 55 % chance of experiencing financial distress in the next 2 years of operation and has generated negative returns for investors over the last 90 days. Equity ratings for Acumen Pharmaceuticals are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 2nd of December 2022 and ending today, the 21st of November 2024. Click here to learn more.
Business Domain
Pharmaceuticals, Biotechnology & Life Sciences
IPO Date
1st of July 2021
Category
Healthcare
Classification
Health Care
Acumen Pharmaceuticals, Inc., a clinical-stage biopharmaceutical company, discovers and develops therapies for the treatment of Alzheimers disease. Acumen Pharmaceuticals, Inc. was incorporated in 1996 and is headquartered in Charlottesville, Virginia. The company has 60.08 M outstanding shares of which 1.45 M shares are presently shorted by private and institutional investors with about 7.19 trading days to cover. More on Acumen Pharmaceuticals

Acumen Stock Highlights

ESG Sustainability
Environmental
Governance
Social
President CEODaniel MBA
Thematic IdeaBiotech (View all Themes)
Business ConcentrationBiotechnology, Pharmaceuticals, Biotechnology & Life Sciences, Health Care, NASDAQ Composite, NASDAQ Health Care, Biotech, Health Care, Biotechnology, Biotechnology, Healthcare (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.03530.0372
Notably Down
Slightly volatile
Gross Profit Margin1.091.14
Sufficiently Down
Slightly volatile
Total Current Liabilities7.4 M13 M
Way Down
Slightly volatile
Non Current Liabilities Total17.6 M30.2 M
Way Down
Very volatile
Total Assets173.5 M310.1 M
Way Down
Slightly volatile
Total Current Assets149 M246.6 M
Way Down
Slightly volatile
Debt Levels
Acumen Pharmaceuticals can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Acumen Pharmaceuticals' financial leverage. It provides some insight into what part of Acumen Pharmaceuticals' total assets is financed by creditors.
Liquidity
Acumen Pharmaceuticals currently holds 28.49 M in liabilities. Acumen Pharmaceuticals has a current ratio of 36.47, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about Acumen Pharmaceuticals' use of debt, we should always consider it together with its cash and equity.

Change To Operating Activities

4.15 Million
Acumen Pharmaceuticals (ABOS) is traded on NASDAQ Exchange in USA. It is located in 427 Park Street, Charlottesville, VA, United States, 22902 and employs 51 people. Acumen Pharmaceuticals is listed under Biotechnology category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 142.39 M. Acumen Pharmaceuticals conducts business under Biotechnology sector and is part of Health Care industry. The entity has 60.08 M outstanding shares of which 1.45 M shares are presently shorted by private and institutional investors with about 7.19 trading days to cover. Acumen Pharmaceuticals currently holds about 189.91 M in cash with (43.06 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 4.69, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Check Acumen Pharmaceuticals Probability Of Bankruptcy
Ownership Allocation
Acumen Pharmaceuticals holds a total of 60.08 Million outstanding shares. The majority of Acumen Pharmaceuticals outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in Acumen Pharmaceuticals to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Acumen Pharmaceuticals. Please pay attention to any change in the institutional holdings of Acumen Pharmaceuticals as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Acumen Ownership Details

Acumen Stock Institutional Holders

InstituionRecorded OnShares
Alyeska Investment Group, L.p.2024-06-30
939.6 K
Geode Capital Management, Llc2024-06-30
812.1 K
Hudson Bay Capital Management Lp2024-06-30
670 K
Pathstone Holdings Llc2024-06-30
480.2 K
State Street Corp2024-06-30
436.6 K
Jane Street Group Llc2024-06-30
427.7 K
Two Sigma Advisers, Llc2024-06-30
392.1 K
Two Sigma Investments Llc2024-06-30
310.8 K
Northern Trust Corp2024-09-30
308.9 K
Ra Capital Management, Llc2024-06-30
14.9 M
Sands Capital Ventures, Llc2024-09-30
3.4 M
View Acumen Pharmaceuticals Diagnostics

Acumen Pharmaceuticals Historical Income Statement

At this time, Acumen Pharmaceuticals' Net Interest Income is comparatively stable compared to the past year. Interest Income is likely to gain to about 8.6 M in 2024, whereas Interest Expense is likely to drop slightly above 552 K in 2024. View More Fundamentals

Acumen Stock Against Markets

Acumen Pharmaceuticals Corporate Management

Julie BockenstetteEx HRProfile
JD EsqChief SecretaryProfile
Siew MSAssistant OperationsProfile
Robyn MAManager CommunicationsProfile

Already Invested in Acumen Pharmaceuticals?

The danger of trading Acumen Pharmaceuticals is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Acumen Pharmaceuticals is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Acumen Pharmaceuticals. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Acumen Pharmaceuticals is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.

Additional Tools for Acumen Stock Analysis

When running Acumen Pharmaceuticals' price analysis, check to measure Acumen Pharmaceuticals' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Acumen Pharmaceuticals is operating at the current time. Most of Acumen Pharmaceuticals' value examination focuses on studying past and present price action to predict the probability of Acumen Pharmaceuticals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Acumen Pharmaceuticals' price. Additionally, you may evaluate how the addition of Acumen Pharmaceuticals to your portfolios can decrease your overall portfolio volatility.