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Race Oncology ASX:RAC Stock Report

Last Price

AU$1.81

Market Cap

AU$312.7m

7D

6.2%

1Y

94.1%

Updated

25 Sep, 2024

Data

Company Financials +

Race Oncology Limited Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Race Oncology
Historical stock prices
Current Share PriceAU$1.81
52 Week HighAU$2.09
52 Week LowAU$0.64
Beta1.74
11 Month Change4.34%
3 Month Change0%
1 Year Change94.09%
33 Year Change-46.60%
5 Year Change1,288.46%
Change since IPO581.13%

Recent News & Updates

Is Race Oncology (ASX:RAC) In A Good Position To Deliver On Growth Plans?

Aug 26
Is Race Oncology (ASX:RAC) In A Good Position To Deliver On Growth Plans?

We Think Race Oncology (ASX:RAC) Needs To Drive Business Growth Carefully

May 10
We Think Race Oncology (ASX:RAC) Needs To Drive Business Growth Carefully

Recent updates

Is Race Oncology (ASX:RAC) In A Good Position To Deliver On Growth Plans?

Aug 26
Is Race Oncology (ASX:RAC) In A Good Position To Deliver On Growth Plans?

We Think Race Oncology (ASX:RAC) Needs To Drive Business Growth Carefully

May 10
We Think Race Oncology (ASX:RAC) Needs To Drive Business Growth Carefully

We're Not Very Worried About Race Oncology's (ASX:RAC) Cash Burn Rate

Jan 23
We're Not Very Worried About Race Oncology's (ASX:RAC) Cash Burn Rate

Here's Why We're Not Too Worried About Race Oncology's (ASX:RAC) Cash Burn Situation

Oct 05
Here's Why We're Not Too Worried About Race Oncology's (ASX:RAC) Cash Burn Situation

Companies Like Race Oncology (ASX:RAC) Are In A Position To Invest In Growth

Jun 20
Companies Like Race Oncology (ASX:RAC) Are In A Position To Invest In Growth

We're Interested To See How Race Oncology (ASX:RAC) Uses Its Cash Hoard To Grow

Feb 17
We're Interested To See How Race Oncology (ASX:RAC) Uses Its Cash Hoard To Grow

Here's Why We're Not At All Concerned With Race Oncology's (ASX:RAC) Cash Burn Situation

Oct 14
Here's Why We're Not At All Concerned With Race Oncology's (ASX:RAC) Cash Burn Situation

Here's Why We're Not Too Worried About Race Oncology's (ASX:RAC) Cash Burn Situation

Apr 01
Here's Why We're Not Too Worried About Race Oncology's (ASX:RAC) Cash Burn Situation

We're Hopeful That Race Oncology (ASX:RAC) Will Use Its Cash Wisely

Apr 05
We're Hopeful That Race Oncology (ASX:RAC) Will Use Its Cash Wisely

What Percentage Of Race Oncology Limited (ASX:RAC) Shares Do Insiders Own?

Mar 01
What Percentage Of Race Oncology Limited (ASX:RAC) Shares Do Insiders Own?

How Much Are Race Oncology Limited (ASX:RAC) Insiders Taking Off The Table?

Jan 07
How Much Are Race Oncology Limited (ASX:RAC) Insiders Taking Off The Table?

Shareholder Returns

RACAU BiotechsAU Market
7D6.2%-2.0%0.3%
1Y94.1%15.2%15.1%

Return vs Industry: RAC exceeded the Australian Biotechs industry which returned 15.2% over the past year.

Return vs Market: RAC exceeded the Australian Market which returned 15.1% over the past year.

Price Volatility

Is RAC's price volatile compared to industry and market?
RAC volatility
RAC Average Weekly Movement8.4%
Biotechs Industry Average Movement10.6%
Market Average Movement8.6%
10% most volatile stocks in AU Market16.6%
10% least volatile stocks in AU Market3.6%

Stable Share Price: RAC has not had significant price volatility in the past 3 months.

Volatility Over Time: RAC's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2011n/aDaniel Tillettwww.raceoncology.com

Race Oncology Limited, a clinical stage biopharmaceutical company, focuses on addressing the unmet needs of cancer patients for damaging treatments. The company’s lead product is bisantrene, a small molecule chemotherapeutic that has a clinical history with demonstrated therapeutic benefits in adult and paediatric patients. It is advancing reformulated bisantrene (RC220) to address the unmet need of patients across various oncology indications with a clinical focus on anthracycline combination to deliver cardioprotection and enhanced anticancer activity in solid tumors.

Race Oncology Limited Fundamentals Summary

How do Race Oncology's earnings and revenue compare to its market cap?
RAC fundamental statistics
Market capAU$312.73m
Earnings (TTM)-AU$13.82m
Revenue (TTM)AU$4.00m

76.8x

P/S Ratio

-22.3x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
RAC income statement (TTM)
RevenueAU$4.00m
Cost of RevenueAU$2.61m
Gross ProfitAU$1.39m
Other ExpensesAU$15.21m
Earnings-AU$13.82m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-0.081
Gross Margin34.72%
Net Profit Margin-345.18%
Debt/Equity Ratio0%

How did RAC perform over the long term?

See historical performance and comparison