Q32 Bio Inc. (QTTB)

NASDAQ: QTTB · IEX Real-Time Price · USD
25.91
-0.54 (-2.04%)
Apr 16, 2024, 11:42 AM EDT - Market open
-2.04%
Market Cap 310.64M
Revenue (ttm) 1.16M
Net Income (ttm) -112.96M
Shares Out 11.93M
EPS (ttm) -35.10
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 11,615
Open 25.53
Previous Close 26.45
Day's Range 25.20 - 26.91
52-Week Range 8.24 - 30.92
Beta -0.11
Analysts Buy
Price Target 47.50 (+83.33%)
Earnings Date May 3, 2024

About QTTB

Homology Medicines, Inc., a genetic medicines company, focuses on transforming the lives of patients suffering from rare genetic diseases in the United States. The company offers proprietary platform is designed to utilize its human hematopoietic stem cell derived adeno-associated virus vectors (AAVHSCs) to deliver genetic medicines in vivo either through a nuclease-free gene editing mobility, gene therapy or for various genetic disorders. Its earlier stage product candidates comprising HMI-202, an investigational gene therapy which completed I... [Read more]

Industry Biotechnology
Sector Healthcare
Founded 2015
Employees 7
Stock Exchange NASDAQ
Ticker Symbol QTTB
Full Company Profile

Financial Performance

In 2023, Q32 Bio's revenue was $1.16 million, a decrease of -63.97% compared to the previous year's $3.21 million. Losses were -$112.96 million, 2157.0% more than in 2022.

Financial numbers in USD Financial Statements

Analyst Forecast

According to 2 analysts, the average rating for QTTB stock is "Buy." The 12-month stock price forecast is $47.5, which is an increase of 83.33% from the latest price.

Price Target
$47.5
(83.33% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Q32 Bio Appoints Lee Kalowski as President & Chief Financial Officer

WALTHAM, Mass. , April 3, 2024 /PRNewswire/ -- Q32 Bio Inc. (NASDAQ: QTTB) ("Q32 Bio"), a clinical stage biotechnology company focused on developing biologic therapeutics to restore immune homeostasis...

13 days ago - PRNewsWire

Q32 Bio Announces Closing of Merger with Homology Medicines and Concurrent Private Placement of $42 Million

-- Q32 Bio to focus on advancement of bempikibart (ADX-914) in ongoing atopic dermatitis (AD) and alopecia areata (AA) Phase 2 clinical trials and commencement of ADX-097 Phase 2 renal basket clinical...

21 days ago - PRNewsWire