Qualigen Therapeutics Stock Today

QLGN Stock  USD 3.41  0.07  2.10%   

Performance

0 of 100

 
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Odds Of Distress

Over 81

 
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Qualigen Therapeutics is selling at 3.41 as of the 31st of January 2025; that is 2.10 percent increase since the beginning of the trading day. The stock's open price was 3.34. Qualigen Therapeutics has a very high chance of experiencing financial distress in the next few years of operation. It has also generated negative returns for investors over the last 90 days. The performance scores are derived for the period starting the 3rd of September 2024 and ending today, the 31st of January 2025. Click here to learn more.
Business Domain
Pharmaceuticals, Biotechnology & Life Sciences
IPO Date
24th of June 2015
Category
Healthcare
Classification
Health Care
Qualigen Therapeutics, Inc., a biotechnology company, develops novel therapeutic products for the treatment of cancer and infectious diseases. Qualigen Therapeutics, Inc. was founded in 1996 and is based in Carlsbad, California. Qualigen Therapeutics operates under Biotechnology classification in the United States and is traded on NASDAQ Exchange. The company has 736.43 K outstanding shares of which 69.48 K shares are at this time shorted by private and institutional investors with about 0.11 trading days to cover. More on Qualigen Therapeutics

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Qualigen Stock Highlights

ESG Sustainability
Environmental
Governance
Social
Interim CEOKevin II
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 Turnover2.422.3
Sufficiently Up
Very volatile
Total Current Liabilities5.4 M4.8 M
Moderately Up
Slightly volatile
Total Assets2.2 M2.3 M
Notably Down
Slightly volatile
Total Current Assets997.6 K1.1 M
Notably Down
Slightly volatile
Debt Levels
Qualigen Therapeutics 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 Qualigen Therapeutics' financial leverage. It provides some insight into what part of Qualigen Therapeutics' total assets is financed by creditors.
Liquidity
Qualigen Therapeutics currently holds 1.3 M in liabilities with Debt to Equity (D/E) ratio of 0.16, which may suggest the company is not taking enough advantage from borrowing. Qualigen Therapeutics has a current ratio of 2.09, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about Qualigen Therapeutics' use of debt, we should always consider it together with its cash and equity.

Other Non Cash Items

(41,448.65)
Qualigen Therapeutics (QLGN) is traded on NASDAQ Exchange in USA. It is located in 5857 Owens Avenue, Carlsbad, CA, United States, 92008 and employs 4 people. Qualigen Therapeutics is listed under Biotechnology category by Fama And French industry classification. The company currently falls under 'Nano-Cap' category with a current market capitalization of 2.51 M. Qualigen Therapeutics conducts business under Biotechnology sector and is part of Health Care industry. The entity has 736.43 K outstanding shares of which 69.48 K shares are at this time shorted by private and institutional investors with about 0.11 trading days to cover. Qualigen Therapeutics currently holds about 6.62 M in cash with (10.3 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.57.
Check Qualigen Therapeutics Probability Of Bankruptcy
Ownership Allocation
Qualigen Therapeutics holds 3.77 pct. of its outstanding shares held by insiders and 1.77 pct. owned by third-party entities.
Check Qualigen Ownership Details

Qualigen Stock Institutional Holders

InstituionRecorded OnShares
Signaturefd, Llc2024-09-30
20.0
Archer Investment Corporation2024-06-30
16.0
Royal Bank Of Canada2024-06-30
4.0
Blackrock Inc2024-09-30
0.0
Wells Fargo & Co2024-06-30
0.0
Tower Research Capital Llc2024-09-30
0.0
Fidelity Management And Research Company2024-06-30
0.0
Renaissance Technologies Corp2024-09-30
0.0
Virtu Financial Llc2024-09-30
0.0
Ubs Group Ag2024-06-30
69.5 K
Geode Capital Management, Llc2024-06-30
30.2 K
View Qualigen Therapeutics Diagnostics

Qualigen Therapeutics Historical Income Statement

At this time, Qualigen Therapeutics' Interest Expense is very stable compared to the past year. As of the 31st of January 2025, Selling General Administrative is likely to grow to about 7.3 M, while Interest Income is likely to drop about 86.2 K. View More Fundamentals

Qualigen Stock Against Markets

Qualigen Therapeutics Corporate Management

When determining whether Qualigen Therapeutics offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Qualigen Therapeutics' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Qualigen Therapeutics Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Qualigen Therapeutics Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Qualigen Therapeutics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
To learn how to invest in Qualigen Stock, please use our How to Invest in Qualigen Therapeutics guide.
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Is Biotechnology space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Qualigen Therapeutics. If investors know Qualigen will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Qualigen Therapeutics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
3.6 K
Revenue Per Share
1.034
Quarterly Revenue Growth
0.137
Return On Assets
(0.75)
Return On Equity
(8.42)
The market value of Qualigen Therapeutics is measured differently than its book value, which is the value of Qualigen that is recorded on the company's balance sheet. Investors also form their own opinion of Qualigen Therapeutics' value that differs from its market value or its book value, called intrinsic value, which is Qualigen Therapeutics' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Qualigen Therapeutics' market value can be influenced by many factors that don't directly affect Qualigen Therapeutics' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Qualigen Therapeutics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Qualigen Therapeutics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Qualigen Therapeutics' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.