Forte Biosciences Stock Today

FBRX Stock  USD 15.60  0.20  1.27%   

Performance

13 of 100

 
Weak
 
Strong
Good

Odds Of Distress

Less than 18

 
High
 
Low
Low
Forte Biosciences is trading at 15.60 as of the 18th of January 2025; that is 1.27 percent decrease since the beginning of the trading day. The stock's open price was 15.8. Forte Biosciences has less than a 18 % chance of experiencing some financial distress in the next two years of operation and had a good performance during the last 90 days. The performance scores are derived for the period starting the 19th of December 2024 and ending today, the 18th of January 2025. Click here to learn more.
Business Domain
Pharmaceuticals, Biotechnology & Life Sciences
IPO Date
13th of April 2017
Category
Healthcare
Classification
Health Care
Forte Biosciences, Inc. operates as a clinical-stage biopharmaceutical company in the United States. It is developing FB-102 program that addresses various autoimmune diseases, such as vitiligo and alopecia areata. Forte Biosciences operates under Biotechnology classification in the United States and is traded on NASDAQ Exchange. The company has 6.39 M outstanding shares of which 342.85 K shares are currently shorted by private and institutional investors with about 0.09 trading days to cover. More on Forte Biosciences

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Follow Valuation Options Odds of Bankruptcy
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Forte Stock Highlights

ESG Sustainability
Environmental
Governance
Social
President CEOPaul Wagner
Business ConcentrationBiotechnology, Pharmaceuticals, Biotechnology & Life Sciences, Health Care, NASDAQ Composite, NASDAQ Health Care, Health Care, Biotechnology, Biotechnology, Healthcare (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.170.16
Notably Up
Slightly volatile
Total Current LiabilitiesM3.3 M
Way Up
Pretty Stable
Total Assets43.2 M35.1 M
Fairly Up
Slightly volatile
Total Current Assets41.8 M34.5 M
Fairly Up
Slightly volatile
Debt Levels
Forte Biosciences 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 Forte Biosciences' financial leverage. It provides some insight into what part of Forte Biosciences' total assets is financed by creditors.
Liquidity
Forte Biosciences currently holds 3.67 M in liabilities. Forte Biosciences has a current ratio of 25.16, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about Forte Biosciences' use of debt, we should always consider it together with its cash and equity.

Net Income

(38.01 Million)
Forte Biosciences (FBRX) is traded on NASDAQ Exchange in USA. It is located in 3060 Pegasus Park Drive, Dallas, TX, United States, 75247 and employs 11 people. Forte Biosciences is listed under Biotechnology category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 99.74 M. Forte Biosciences conducts business under Biotechnology sector and is part of Health Care industry. The entity has 6.39 M outstanding shares of which 342.85 K shares are currently shorted by private and institutional investors with about 0.09 trading days to cover. Forte Biosciences currently holds about 38.55 M in cash with (28.71 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.89.
Check Forte Biosciences Probability Of Bankruptcy
Ownership Allocation
The market capitalization of Forte Biosciences is $99.74 Million. Over half of Forte Biosciences' outstanding shares are owned by other corporate entities. These other corporate entities are typically referred to as corporate investors that obtain positions in a given instrument to benefit from reduced trade commissions. Note, that even with negative profits, if the true value of the firm is larger than the current market value, you may still be able to generate positive returns on investment in this company.
Check Forte Ownership Details

Forte Stock Institutional Holders

InstituionRecorded OnShares
Adar1 Capital Management Llc2024-09-30
K
Ubs Group Ag2024-09-30
1.6 K
Tower Research Capital Llc2024-09-30
806
Group One Trading, Lp2024-09-30
559
Morgan Stanley - Brokerage Accounts2024-09-30
151
Royal Bank Of Canada2024-06-30
137
Bank Of America Corp2024-09-30
23.0
Advisor Group Holdings, Inc.2024-09-30
20.0
Acadian Asset Management Llc2024-09-30
18.0
Tybourne Capital Management (hk) Ltd2024-09-30
145 K
Bvf Inc2024-09-30
119.3 K
View Forte Biosciences Diagnostics

Forte Biosciences Historical Income Statement

At this time, Forte Biosciences' Total Other Income Expense Net is fairly stable compared to the past year. Net Interest Income is likely to rise to about 1.4 M in 2025, whereas Interest Income is likely to drop slightly above 1.3 M in 2025. View More Fundamentals

Forte Stock Against Markets

Additional Tools for Forte Stock Analysis

When running Forte Biosciences' price analysis, check to measure Forte Biosciences' 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 Forte Biosciences is operating at the current time. Most of Forte Biosciences' value examination focuses on studying past and present price action to predict the probability of Forte Biosciences' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Forte Biosciences' price. Additionally, you may evaluate how the addition of Forte Biosciences to your portfolios can decrease your overall portfolio volatility.