Tourmaline Bio Stock Today
| TRML Stock | 25.66 1.84 7.72% |
Performance14 of 100
| Odds Of DistressLess than 41
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Tourmaline Bio is selling for 25.66 as of the 28th of November 2024. This is a 7.72% up since the beginning of the trading day. The stock's lowest day price was 23.86. Tourmaline Bio has about a 41 percent probability of financial distress in the next few years of operation but had a somewhat good performance during the last 90 days. Equity ratings for Tourmaline Bio are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 29th of October 2024 and ending today, the 28th of November 2024. Click here to learn more.
Business Domain Pharmaceuticals, Biotechnology & Life Sciences | IPO Date 7th of May 2021 | Category Healthcare | Classification Health Care |
Tourmaline Bio is entity of United States. It is traded as Stock on NASDAQ exchange. The company has 25.64 M outstanding shares of which 1.66 M shares are at this time shorted by private and institutional investors with about 8.75 trading days to cover. More on Tourmaline Bio
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Tourmaline Stock Highlights
ESG Sustainability
Environmental | Governance | Social |
| CEO CoFounder | Sandeep MD | |||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Biotechnology, Pharmaceuticals, Biotechnology & Life Sciences, Health Care, NASDAQ Biotechnology, NASDAQ Composite, NASDAQ Health Care, Health Care, Biotechnology, Biotechnology, Healthcare (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||
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Financial Strength
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Tourmaline Bio 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 Tourmaline Bio's financial leverage. It provides some insight into what part of Tourmaline Bio's total assets is financed by creditors.
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Tourmaline Bio (TRML) is traded on NASDAQ Exchange in USA. It is located in 27 West 24th Street, New York, NY, United States, 10010 and employs 74 people. Tourmaline Bio 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 657.99 M. Tourmaline Bio conducts business under Biotechnology sector and is part of Health Care industry. The entity has 25.64 M outstanding shares of which 1.66 M shares are at this time shorted by private and institutional investors with about 8.75 trading days to cover.
Tourmaline Bio generates negative cash flow from operations
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Ownership AllocationTourmaline Bio shows a total of 25.64 Million outstanding shares. The majority of Tourmaline Bio outstanding shares are owned by institutional holders. These institutional investors are usually referred to as non-private investors looking to take positions in Tourmaline Bio to benefit from reduced commissions. Consequently, institutions are subject to a different set of regulations than regular investors in Tourmaline Bio. Please pay attention to any change in the institutional holdings of Tourmaline Bio as this could imply that something significant has changed or is about to change at the company. Also note that roughly one million seven hundred thousand one hundred four invesors are currently shorting Tourmaline Bio expressing very little confidence in its future performance.
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Tourmaline Bio Historical Income Statement
Tourmaline Stock Against Markets
Tourmaline Bio Corporate Management
| Susan Jones | Chief Officer | Profile | |
| Kimberly Piorkowski | Culture People | Profile | |
| Bradford JD | General Officer | Profile | |
| Dr MBA | Chief Officer | Profile | |
| Emil MD | Senior Research | Profile | |
| Yung MD | Chief Officer | Profile |
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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 Tourmaline Bio. If investors know Tourmaline 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 Tourmaline Bio listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (2.49) | Return On Assets (0.24) | Return On Equity (0.32) |
The market value of Tourmaline Bio is measured differently than its book value, which is the value of Tourmaline that is recorded on the company's balance sheet. Investors also form their own opinion of Tourmaline Bio's value that differs from its market value or its book value, called intrinsic value, which is Tourmaline Bio's 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 Tourmaline Bio's market value can be influenced by many factors that don't directly affect Tourmaline Bio's 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 Tourmaline Bio's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tourmaline Bio is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tourmaline Bio's 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.