Snowflake Score | |
---|---|
Valuation | 2/6 |
Future Growth | 2/6 |
Past Performance | 0/6 |
Financial Health | 2/6 |
Dividends | 0/6 |
ACER Stock Overview
Acer Therapeutics Inc., a pharmaceutical company, focuses on the acquisition, development, and commercialization of therapies for serious rare and life-threatening diseases.
Acer Therapeutics Inc. Competitors
Price History & Performance
Historical stock prices | |
---|---|
Current Share Price | US$1.44 |
52 Week High | US$3.77 |
52 Week Low | US$1.16 |
Beta | 1.41 |
1 Month Change | -5.26% |
3 Month Change | -22.99% |
1 Year Change | -44.62% |
3 Year Change | -39.50% |
5 Year Change | n/a |
Change since IPO | -85.66% |
Recent News & Updates
FDA accepts Acer's resubmitted U.S. marketing application for urea cycle disorder therapy
Acer Therapeutics (NASDAQ:ACER) and partner Relief Therapeutics (OTCQB:RLFTF) (OTCQB:RLFTY) on Thursday said the U.S. Food and Drug Administration (FDA) had accepted the companies' resubmission of their new drug application for their ACER-001 treatment for patients with urea cycle disorders. The FDA designated the new drug application (NDA) as a class 2 resubmission and said it would review the application by Jan. 15, 2023, or the so-called Prescription Drug User Fee Act date. Despite the news, ACER stock had fallen 4.2% to $1.37 in premarket trading. The FDA's acceptance of the NDA comes 10 days after ACER and RLFTF resubmitted the application. The NDA had been initially declined by the FDA in June as the agency's field investigator had been unable to complete inspection of ACER's third-party contract packaging manufacturer.
Acer resubmits U.S. marketing application for urea cycle disorder therapy
Newton, Massachusetts-based Acer Therapeutics (NASDAQ:ACER) announced on Monday that the company resubmitted its New Drug Application (NDA) seeking FDA approval of ACER-001 oral suspension for the treatment of patients with urea cycle disorders (UCDs). Also known as sodium phenylbutyrate, ACER-001 is undergoing studies as a treatment for various inborn errors of metabolism such as UCDs. In June, Acer (ACER) announced that the FDA issued a Complete Response Letter (CRL), rejecting the marketing approval of the drug, citing the need for satisfactory inspection of its third-party contract packaging manufacturer. In the resubmission, the company has informed the FDA that the contract manufacturer in question is ready for inspections. In addition to labeling and other standard updates to the original filing, the resubmitted NDA included the nonclinical info that the FDA requested but categorized as “not an approvability issue” in the CRL. A decision on the acceptance of the NDA is expected within 14 calendar days of the submission. Last month, the shares of Acer (ACER) and its partner Relief Therapeutics (OTCQB:RLFTF) fell on the announcement of FDA rejection of ACER-001.
Shareholder Returns
ACER | US Pharmaceuticals | US Market | |
---|---|---|---|
7D | 3.2% | -3.0% | 1.0% |
1Y | -44.6% | 1.9% | -12.9% |
Return vs Industry: ACER underperformed the US Pharmaceuticals industry which returned 1.9% over the past year.
Return vs Market: ACER underperformed the US Market which returned -12.9% over the past year.
Price Volatility
ACER volatility | |
---|---|
ACER Average Weekly Movement | 13.2% |
Pharmaceuticals Industry Average Movement | 11.8% |
Market Average Movement | 7.9% |
10% most volatile stocks in US Market | 17.2% |
10% least volatile stocks in US Market | 3.2% |
Stable Share Price: ACER is more volatile than 75% of US stocks over the past 3 months, typically moving +/- 13% a week.
Volatility Over Time: ACER's weekly volatility (13%) has been stable over the past year, but is still higher than 75% of US stocks.
About the Company
Founded | Employees | CEO | Website |
---|---|---|---|
1991 | 39 | Chris Schelling | https://www.acertx.com |
Acer Therapeutics Inc., a pharmaceutical company, focuses on the acquisition, development, and commercialization of therapies for serious rare and life-threatening diseases. Its pipeline includes four clinical-stage candidates comprising EDSIVO for the treatment of vascular Ehlers-Danlos Syndrome in patients with a confirmed type III collagen mutation; ACER-001, a formulation of sodium phenylbutyrate for the treatment of various inborn errors of metabolism, including urea cycle disorders and maple syrup urine disease; ACER-801 (osanetant) for the treatment of induced Vasomotor Symptoms; and ACER-2820 (emetine), a host-directed therapy against a variety of infectious diseases, including COVID-19. The company has a research collaboration agreement with the National Center for Advancing Translational Sciences (NCATS) to develop emetine hydrochloride as a potential treatment for patients with COVID-19; and a license agreement with Sanofi to acquire worldwide rights to osanetant, a clinical-stage, selective, and non-peptide tachykinin NK3 receptor antagonist.
Acer Therapeutics Inc. Fundamentals Summary
ACER fundamental statistics | |
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Market Cap | US$22.46m |
Earnings (TTM) | -US$19.94m |
Revenue (TTM) | US$360.00k |
62.4x
P/S Ratio-1.1x
P/E RatioIs ACER overvalued?
See Fair Value and valuation analysisEarnings & Revenue
ACER income statement (TTM) | |
---|---|
Revenue | US$360.00k |
Cost of Revenue | US$0 |
Gross Profit | US$360.00k |
Other Expenses | US$20.30m |
Earnings | -US$19.94m |
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
n/a
Earnings per share (EPS) | -1.28 |
Gross Margin | 100.00% |
Net Profit Margin | -5,539.36% |
Debt/Equity Ratio | -130.0% |
How did ACER perform over the long term?
See historical performance and comparison