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Cartesian Therapeutics NasdaqGM:RNAC Stock Report

Last Price

US$22.64

Market Cap

US$402.9m

7D

8.3%

1Y

n/a

Updated

02 May, 2024

Data

Company Financials +

Cartesian Therapeutics, Inc.

NasdaqGM:RNAC Stock Report

Market Cap: US$402.9m

RNAC Stock Overview

Cartesian Therapeutics, Inc., a clinical-stage biotechnology company, engages in the provision of mRNA cell therapies for the treatment of autoimmune diseases.

RNAC fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health3/6
Dividends0/6

Cartesian Therapeutics, Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Cartesian Therapeutics
Historical stock prices
Current Share PriceUS$22.64
52 Week HighUS$42.60
52 Week LowUS$11.67
Beta0
1 Month Change42.36%
3 Month Change6.62%
1 Year Changen/a
3 Year Changen/a
5 Year Changen/a
Change since IPO-29.47%

Recent News & Updates

Recent updates

Shareholder Returns

RNACUS BiotechsUS Market
7D8.3%0.5%-0.7%
1Yn/a1.2%22.8%

Return vs Industry: Insufficient data to determine how RNAC performed against the US Biotechs industry.

Return vs Market: Insufficient data to determine how RNAC performed against the US Market.

Price Volatility

Is RNAC's price volatile compared to industry and market?
RNAC volatility
RNAC Average Weekly Movement13.8%
Biotechs Industry Average Movement11.6%
Market Average Movement6.1%
10% most volatile stocks in US Market16.7%
10% least volatile stocks in US Market3.0%

Stable Share Price: RNAC's share price has been volatile over the past 3 months.

Volatility Over Time: Insufficient data to determine RNAC's volatility change over the past year.

About the Company

FoundedEmployeesCEOWebsite
n/a38Carsten Brunnwww.cartesiantherapeutics.com

Cartesian Therapeutics, Inc., a clinical-stage biotechnology company, engages in the provision of mRNA cell therapies for the treatment of autoimmune diseases. It develops Descartes-08, an autologous anti-BCMA RNA-engineered chimeric antigen receptor T-cell therapy, currently under Phase 2b clinical development for generalized myasthenia gravis, as well as for patients with systemic lupus erythematosus, and myeloma autoimmune basket trials for other autoimmune diseases. The company develops Descartes-15 to treat Autoimmune diseases, myeloma; and Descartes-33 which is in preclinical development for treatment of autoimmune diseases.

Cartesian Therapeutics, Inc. Fundamentals Summary

How do Cartesian Therapeutics's earnings and revenue compare to its market cap?
RNAC fundamental statistics
Market capUS$402.90m
Earnings (TTM)-US$257.26m
Revenue (TTM)US$26.00m

15.5x

P/S Ratio

-1.6x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
RNAC income statement (TTM)
RevenueUS$26.00m
Cost of RevenueUS$71.84m
Gross Profit-US$45.83m
Other ExpensesUS$211.43m
Earnings-US$257.26m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)-14.46
Gross Margin-176.26%
Net Profit Margin-989.31%
Debt/Equity Ratio0%

How did RNAC perform over the long term?

See historical performance and comparison
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