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Antibe Therapeutics Inc ATE

Morningstar Rating
CAD 0.30 +0.04 (13.46%)
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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

ATE is trading at a 71% discount.
Price
CAD 0.30
Fair Value
CAD 5.95
Uncertainty
Extreme
1-Star Price
CAD 68.41
5-Star Price
CAD 7.33
Economic Moat
Lxrlc
Capital Allocation
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News

Trading Information

Previous Close Price
CAD 0.26
Day Range
CAD 0.260.35
52-Week Range
CAD 0.151.23
Bid/Ask
CAD 0.01 / CAD 0.01
Market Cap
CAD 15.64 Mil
Volume/Avg
167,044 / 177,191

Key Statistics

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

Company Profile

Antibe Therapeutics Inc is leveraging its proprietary hydrogen sulfide platform to develop next-generation safer therapies to target inflammation arising from a wide range of medical conditions. The company's pipeline includes assets that seek to overcome gastrointestinal ulcers and bleeding associated with nonsteroidal anti-inflammatory drugs. Antibe's lead drug, otenaproxesul, is in clinical development as a safer alternative to opioids for post-operative pain. Antibe's second pipeline drug, ATB-352, is being developed for a specialized acute pain indication. The company's anticipated next target is inflammatory bowel disease, a condition long in need of safer, more effective therapies.
Sector
Healthcare
Industry
Biotechnology
Stock Style Box
Small Value
Total Number of Employees
11
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