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Third Harmonic Bio NasdaqGM:THRD Stock Report

Last Price

US$14.93

Market Cap

US$636.4m

7D

15.6%

1Y

190.5%

Updated

22 May, 2024

Data

Company Financials +

Third Harmonic Bio, Inc.

NasdaqGM:THRD Stock Report

Market Cap: US$636.4m

THRD Stock Overview

A biopharmaceutical company, focuses on the development of the medicine for the treatment of dermal, respiratory, and gastrointestinal inflammatory diseases.

THRD fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health6/6
Dividends0/6

Third Harmonic Bio, Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Third Harmonic Bio
Historical stock prices
Current Share PriceUS$14.93
52 Week HighUS$16.94
52 Week LowUS$4.51
Beta0
1 Month Change28.15%
3 Month Change52.50%
1 Year Change190.47%
3 Year Changen/a
5 Year Changen/a
Change since IPO-24.14%

Recent News & Updates

Here's Why We're Not At All Concerned With Third Harmonic Bio's (NASDAQ:THRD) Cash Burn Situation

Apr 06
Here's Why We're Not At All Concerned With Third Harmonic Bio's (NASDAQ:THRD) Cash Burn Situation

Recent updates

Here's Why We're Not At All Concerned With Third Harmonic Bio's (NASDAQ:THRD) Cash Burn Situation

Apr 06
Here's Why We're Not At All Concerned With Third Harmonic Bio's (NASDAQ:THRD) Cash Burn Situation

We're Hopeful That Third Harmonic Bio (NASDAQ:THRD) Will Use Its Cash Wisely

Sep 06
We're Hopeful That Third Harmonic Bio (NASDAQ:THRD) Will Use Its Cash Wisely

We're Hopeful That Third Harmonic Bio (NASDAQ:THRD) Will Use Its Cash Wisely

May 02
We're Hopeful That Third Harmonic Bio (NASDAQ:THRD) Will Use Its Cash Wisely

We're Not Very Worried About Third Harmonic Bio's (NASDAQ:THRD) Cash Burn Rate

Dec 16
We're Not Very Worried About Third Harmonic Bio's (NASDAQ:THRD) Cash Burn Rate

Shareholder Returns

THRDUS PharmaceuticalsUS Market
7D15.6%0.5%-0.2%
1Y190.5%17.9%28.2%

Return vs Industry: THRD exceeded the US Pharmaceuticals industry which returned 16.7% over the past year.

Return vs Market: THRD exceeded the US Market which returned 27.7% over the past year.

Price Volatility

Is THRD's price volatile compared to industry and market?
THRD volatility
THRD Average Weekly Movement8.5%
Pharmaceuticals Industry Average Movement9.8%
Market Average Movement5.9%
10% most volatile stocks in US Market16.0%
10% least volatile stocks in US Market2.8%

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

Volatility Over Time: THRD's weekly volatility (9%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
201931Natalie Holleswww.thirdharmonicbio.com

Third Harmonic Bio, Inc., a biopharmaceutical company, focuses on the development of the medicine for the treatment of dermal, respiratory, and gastrointestinal inflammatory diseases. The company develops oral small-molecule inhibitors of KIT, a cell surface receptor that serves as the master regulator of mast cell function and survival. It is also developing THB335, an oral small molecule KIT inhibitor for the treatment of mast cell-mediated skin, respiratory, and gastrointestinal conditions.

Third Harmonic Bio, Inc. Fundamentals Summary

How do Third Harmonic Bio's earnings and revenue compare to its market cap?
THRD fundamental statistics
Market capUS$636.35m
Earnings (TTM)-US$29.59m
Revenue (TTM)n/a

0.0x

P/S Ratio

-20.7x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
THRD income statement (TTM)
RevenueUS$0
Cost of RevenueUS$0
Gross ProfitUS$0
Other ExpensesUS$29.60m
Earnings-US$29.59m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-0.72
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio0%

How did THRD perform over the long term?

See historical performance and comparison
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