Avalo Therapeutics, Inc. (AVTX)

NASDAQ: AVTX · Real-Time Price · USD
9.63
+0.03 (0.31%)
Oct 8, 2024, 1:46 PM EDT - Market open
0.31%
Market Cap 93.24M
Revenue (ttm) 807,000
Net Income (ttm) -36.22M
Shares Out 9.68M
EPS (ttm) -204.70
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 19,918
Open 9.52
Previous Close 9.60
Day's Range 9.51 - 9.99
52-Week Range 3.95 - 45.12
Beta 1.09
Analysts Buy
Price Target 35.00 (+263.45%)
Earnings Date Nov 7, 2024

About AVTX

Avalo Therapeutics, Inc., a clinical stage biotechnology company, focuses on the development of therapies for the treatment of immune dysregulation in the Unites States. The company’s drug candidates include AVTX-009, an Anti-IL-1β monoclonal antibody which is under Phase I targeting inflammatory diseases; and AVTX-008, a fully human B and T lymphocyte attenuator agonist fusion protein for the treatment of immune dysregulation disorders. It also develops Quisovalimab (AVTX-002), an Anti-LIGHT mAb which is in phase II for immune-inflammatory dis... [Read more]

Industry Biotechnology
Sector Healthcare
IPO Date Oct 15, 2015
Employees 19
Stock Exchange NASDAQ
Ticker Symbol AVTX
Full Company Profile

Financial Performance

In 2023, Avalo Therapeutics's revenue was $1.92 million, a decrease of -89.34% compared to the previous year's $18.05 million. Losses were -$31.54 million, -24.28% less than in 2022.

Financial Statements

Analyst Forecast

According to one analyst, the rating for AVTX stock is "Buy" and the 12-month stock price forecast is $35.0.

Price Target
$35.0
(263.45% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Avalo Therapeutics Announces Appointment of Dr. Mittie Doyle as Chief Medical Officer

WAYNE, Pa. and ROCKVILLE, Md., July 16, 2024 (GLOBE NEWSWIRE) -- Avalo Therapeutics, Inc. (Nasdaq: AVTX) today announced that Mittie Doyle, MD, FACR has joined the Company as its Chief Medical Officer...

3 months ago - GlobeNewsWire

Avalo Therapeutics Announces Active IND for AVTX-009, an anti-IL-1β mAb, to Treat Hidradenitis Suppurativa

WAYNE, Pa. and ROCKVILLE, Md., July 09, 2024 (GLOBE NEWSWIRE) -- Avalo Therapeutics, Inc. (Nasdaq: AVTX) today announced that the Investigational New Drug (IND) for AVTX-009, an anti-IL-1β monoclonal ...

3 months ago - GlobeNewsWire

Avalo Therapeutics Announces Appointment of Paul Varki as Chief Legal Officer

WAYNE, Pa. and ROCKVILLE, Md., June 24, 2024 (GLOBE NEWSWIRE) -- Avalo Therapeutics, Inc. (Nasdaq: AVTX) today announced that Paul Varki has joined the Company as its Chief Legal Officer.

3 months ago - GlobeNewsWire

Avalo to Present at the Oppenheimer Novel Targets in Immunology Summit

WAYNE, Pa. and ROCKVILLE, Md., June 17, 2024 (GLOBE NEWSWIRE) -- Avalo Therapeutics, Inc. (Nasdaq: AVTX) announced today that Garry A. Neil, M.D., Chief Executive Officer and Chairman of the Board, wi...

4 months ago - GlobeNewsWire

Avalo Reports First Quarter 2024 Financial Results and Provides Business Updates

WAYNE, Pa. and ROCKVILLE, Md., May 13, 2024 (GLOBE NEWSWIRE) -- Avalo Therapeutics, Inc. (Nasdaq: AVTX), today announced business updates and financial results for the first quarter of 2024.

5 months ago - GlobeNewsWire

Avalo Therapeutics Appoints Biotech Leaders to Board of Directors

WAYNE, Pa. and ROCKVILLE, Md., April 02, 2024 (GLOBE NEWSWIRE) -- Avalo Therapeutics, Inc. (Nasdaq: AVTX) today announced the addition of multiple biotech leaders to its Board of Directors. The Avalo ...

6 months ago - GlobeNewsWire

Avalo Therapeutics (AVTX) stock slips after earnings: buy the dip?

Avalo Therapeutics (AVTX) stock price nosedived on Monday after the company published relatively weak financial results. It tumbled by over 23.5% in the pre-market session and reached a low of $16.60.

6 months ago - Invezz

Avalo Reports 2023 Financial Results and Provides Business Updates

WAYNE, Pa. and ROCKVILLE, Md., March 29, 2024 (GLOBE NEWSWIRE) -- Avalo Therapeutics, Inc. (Nasdaq: AVTX), today announced business updates and year-end financial results for 2023.

6 months ago - GlobeNewsWire

Avalo Acquires Anti-IL-1β mAb and Announces Private Placement Financing of up to $185 Million

WAYNE, Pa. and ROCKVILLE, Md., March 27, 2024 (GLOBE NEWSWIRE) -- Avalo Therapeutics, Inc. (Nasdaq: AVTX) today announced it has acquired a Phase 2-ready anti-IL-1β mAb, which it refers to as AVTX-009...

6 months ago - GlobeNewsWire

Avalo Therapeutics Announces 1-for-240 Reverse Stock Split

WAYNE, Pa. and ROCKVILLE, Md., Dec. 27, 2023 (GLOBE NEWSWIRE) -- Avalo Therapeutics, Inc. (Nasdaq: AVTX) today announced a 1-for-240 reverse stock split of the Company's common stock, par value $0.001...

10 months ago - GlobeNewsWire

Avalo Encourages Stockholders to Vote FOR the Reverse Stock Split

WAYNE, Pa. and ROCKVILLE, Md., Dec. 07, 2023 (GLOBE NEWSWIRE) -- Avalo Therapeutics, Inc. (Nasdaq: AVTX) encourages its stockholders to participate actively in the upcoming adjourned annual meeting of...

10 months ago - GlobeNewsWire

Avalo Reports Third Quarter 2023 Financial Results and Provides Business Updates

WAYNE, Pa. and ROCKVILLE, Md., Nov. 09, 2023 (GLOBE NEWSWIRE) -- Avalo Therapeutics, Inc. (Nasdaq: AVTX), today announced business updates and financial results for the third quarter of 2023.

11 months ago - GlobeNewsWire

Avalo Completes Divestiture of AVTX-800 Series

WAYNE, Pa. and ROCKVILLE, Md., Oct. 31, 2023 (GLOBE NEWSWIRE) -- Avalo Therapeutics, Inc. (Nasdaq: AVTX), today announced it has completed the divestiture of its rights, title and interest in, assets ...

1 year ago - GlobeNewsWire

Top trending biotech stocks: ANVS, MTNB, AVTX, TPST

Biotech stocks are some of the most volatile in the market because of the regular FDA updates and mergers and acquisitions in the industry. Some of the most notable M&A events this year were Pfizer's ...

Other symbols: ANVSMTNBTPST
1 year ago - Invezz

Avalo Therapeutics Successfully Eliminates $35 Million Debt Paving the Way for Future Growth and Innovation

WAYNE, Pa. and ROCKVILLE, Md., Sept. 26, 2023 (GLOBE NEWSWIRE) -- In a major achievement, Avalo Therapeutics (Nasdaq: AVTX) proudly announces the payoff of the remainder of its $35 million debt owed t...

1 year ago - GlobeNewsWire

As AVTX stock price soars, Avalo Therapeutics bankruptcy remains

Avalo Therapeutics (NASDAQ: AVTX) stock price has become unloved and unwanted in the past few months. It has become a penny stock as it is trading at $0.1630, down from its all-time high of $91.65.

1 year ago - Invezz

Avalo Enters into Agreement to Divest AVTX-800 Series

WAYNE, Pa. and ROCKVILLE, Md. , Sept. 12, 2023 (GLOBE NEWSWIRE) -- Avalo Therapeutics, Inc. (Nasdaq: AVTX), today announced it entered into a purchase agreement (the Purchase Agreement) with AUG Thera...

1 year ago - GlobeNewsWire

Avalo to Present at the H.C. Wainwright 25th Annual Global Investment Conference

WAYNE, Pa. and ROCKVILLE, Md., Sept. 06, 2023 (GLOBE NEWSWIRE) -- Avalo Therapeutics, Inc. (Nasdaq: AVTX) announced today that Garry A. Neil, M.D., Chief Executive Officer and Chairman of the Board, w...

1 year ago - GlobeNewsWire

Avalo Reports Second Quarter 2023 Financial Results and Provides Business Updates

WAYNE, Pa. and ROCKVILLE, Md., Aug. 03, 2023 (GLOBE NEWSWIRE) -- Avalo Therapeutics, Inc. (Nasdaq: AVTX), today announced business updates and financial results for the second quarter of 2023.

1 year ago - GlobeNewsWire

Avalo to Participate in SVB Securities Therapeutics Forum

WAYNE, Pa. and ROCKVILLE, Md., July 06, 2023 (GLOBE NEWSWIRE) -- Avalo Therapeutics, Inc. (Nasdaq: AVTX) announced today that Garry A. Neil, M.D., Chief Executive Officer and Chairman of the Board, wi...

1 year ago - GlobeNewsWire

Avalo Announces Topline Data from Phase 2 PEAK Trial for AVTX-002 (quisovalimab) in Patients with Non-Eosinophilic Asthma

WAYNE, Pa. and ROCKVILLE, Md., June 26, 2023 (GLOBE NEWSWIRE) -- Avalo Therapeutics, Inc. (Nasdaq: AVTX), today announced topline results from the Phase 2 randomized, double-blind, placebo-controlled ...

1 year ago - GlobeNewsWire

Avalo to Present at the Jefferies Healthcare Conference

WAYNE, Pa. and ROCKVILLE, Md., June 01, 2023 (GLOBE NEWSWIRE) -- Avalo Therapeutics, Inc. (Nasdaq: AVTX) announced today that Garry A. Neil, M.D., Chief Executive Officer and Chairman of the Board, wi...

1 year ago - GlobeNewsWire

Avalo Announces Appointment of Michael Croft, Ph.D. and Jeff Edelson, M.D.

WAYNE, Pa. and ROCKVILLE, Md., May 22, 2023 (GLOBE NEWSWIRE) -- Avalo Therapeutics, Inc. (Nasdaq: AVTX) announced the appointment of Dr. Michael Croft and Dr. Jeff Edelson to the company's Scientific ...

1 year ago - GlobeNewsWire

Avalo to Present at ATS 2023 Respiratory Innovation Summit

WAYNE, Pa. and ROCKVILLE, Md., May 15, 2023 (GLOBE NEWSWIRE) -- Avalo Therapeutics, Inc. (Nasdaq: AVTX) announced today that Garry A. Neil, M.D., Chief Executive Officer and Chairman of the Board, wil...

1 year ago - GlobeNewsWire

Avalo to Present at the 2023 RBC Capital Markets Global Healthcare Conference

WAYNE, Pa. and ROCKVILLE, Md., May 10, 2023 (GLOBE NEWSWIRE) -- Avalo Therapeutics, Inc. (Nasdaq: AVTX) announced today that Garry A. Neil, M.D., Chief Executive Officer and Chairman of the Board, wil...

1 year ago - GlobeNewsWire