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Elevation Oncology Inc ELEV

Morningstar Rating
$3.80 −0.21 (5.24%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

ELEV is trading at a 63% discount.
Price
$3.98
Fair Value
$36.65
Uncertainty
Extreme
1-Star Price
$614.67
5-Star Price
$2.29
Economic Moat
Wvv
Capital Allocation
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News

Trading Information

Previous Close Price
$4.01
Day Range
$3.754.07
52-Week Range
$0.365.89
Bid/Ask
$3.51 / $4.05
Market Cap
$184.87 Mil
Volume/Avg
990,269 / 1.1 Mil

Key Statistics

Price/Earnings (Normalized)
Price/Sales
Dividend Yield (Trailing)
Dividend Yield (Forward)
Total Yield

Company Profile

Elevation Oncology Inc is an oncology company focused on the development of targeted therapeutics for the treatment of cancer in genomically defined patient populations. Its lead program is focused on neuregulin-1, or NRG1, fusions, which are rare genomic alterations that have the potential to be therapeutically actionable through targeted HER3 inhibition.
Sector
Healthcare
Industry
Biotechnology
Stock Style Box
Small Value
Total Number of Employees
29

Valuation

Metric
ELEV
Price/Earnings (Normalized)
Price/Book Value
3.10
Price/Sales
Price/Cash Flow
Price/Earnings
No chart available

Financial Strength

Metric
ELEV
Quick Ratio
20.05
Current Ratio
21.22
Interest Coverage
−10.80
Quick Ratio
ELEV

Profitability

Metric
ELEV
Return on Assets (Normalized)
−41.48%
Return on Equity (Normalized)
−71.70%
Return on Invested Capital (Normalized)
−46.07%
Return on Assets
ELEV
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