BLTE Stock Overview
Belite Bio, Inc, a clinical stage biopharmaceutical drug development company, engages in the research and development of novel therapeutics targeting retinal degenerative eye diseases with unmet medical needs in the United States.
| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 2/6 |
| Past Performance | 0/6 |
| Financial Health | 6/6 |
| Dividends | 0/6 |
Rewards
Risk Analysis
Belite Bio, Inc Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$38.00 |
| 52 Week High | US$48.60 |
| 52 Week Low | US$11.00 |
| Beta | 0 |
| 1 Month Change | -12.60% |
| 3 Month Change | -16.67% |
| 1 Year Change | 31.49% |
| 3 Year Change | n/a |
| 5 Year Change | n/a |
| Change since IPO | 258.83% |
Recent News & Updates
We're Hopeful That Belite Bio (NASDAQ:BLTE) Will Use Its Cash Wisely
Mar 20
An Intrinsic Calculation For Belite Bio, Inc (NASDAQ:BLTE) Suggests It's 49% Undervalued
Jan 10Recent updates
We're Hopeful That Belite Bio (NASDAQ:BLTE) Will Use Its Cash Wisely
Mar 20An Intrinsic Calculation For Belite Bio, Inc (NASDAQ:BLTE) Suggests It's 49% Undervalued
Jan 10Belite Bio, Inc's (NASDAQ:BLTE) Intrinsic Value Is Potentially 25% Below Its Share Price
Jul 31We're Not Worried About Belite Bio's (NASDAQ:BLTE) Cash Burn
May 03Belite Bio down 21% after disappointing mid-stage results of rare eye disease candidate
Oct 03Belite Bio receives approval of begin LBS-008 phase 3 trial in China
Sep 16Belite Bio adds 15% as pivotal trial for lead asset starts in U.S.
Aug 22Belite Bio GAAP EPS of -$0.23 beats by $0.05
Aug 12Belite Bio (NASDAQ:BLTE) Is In A Good Position To Deliver On Growth Plans
Aug 01Belite seeks FDA nod to proceed with phase 3 trial of genetic eye disease treatment
Jul 19Shareholder Returns
| BLTE | US Pharmaceuticals | US Market | |
|---|---|---|---|
| 7D | 9.8% | -0.6% | 1.0% |
| 1Y | 31.5% | 10.6% | 21.9% |
Return vs Industry: BLTE exceeded the US Pharmaceuticals industry which returned 13.2% over the past year.
Return vs Market: BLTE exceeded the US Market which returned 24.9% over the past year.
Price Volatility
| BLTE volatility | |
|---|---|
| BLTE Average Weekly Movement | 8.2% |
| Pharmaceuticals Industry Average Movement | 9.7% |
| Market Average Movement | 6.0% |
| 10% most volatile stocks in US Market | 16.8% |
| 10% least volatile stocks in US Market | 3.0% |
Stable Share Price: BLTE's share price has been volatile over the past 3 months.
Volatility Over Time: BLTE's weekly volatility (8%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2016 | 20 | Tom Lin | www.belitebio.com |
Belite Bio, Inc, a clinical stage biopharmaceutical drug development company, engages in the research and development of novel therapeutics targeting retinal degenerative eye diseases with unmet medical needs in the United States. The company’s lead product candidate is LBS-008 (Tinlarebant), an orally administered once-a-day tablet for maintaining the health and integrity of retinal tissues in autosomal recessive Stargardt disease and geographic atrophy patients. It is also developing LBS-009, an anti-retinol binding protein 4 oral therapy that is in the preclinical development phase targeting liver disease, including non-alcoholic fatty liver disease, nonalcoholic steatohepatitis, and type 2 diabetes.
Belite Bio, Inc Fundamentals Summary
| BLTE fundamental statistics | |
|---|---|
| Market cap | US$1.11b |
| Earnings (TTM) | -US$31.63m |
| Revenue (TTM) | n/a |
0.0x
P/S Ratio-35.0x
P/E RatioIs BLTE overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| BLTE income statement (TTM) | |
|---|---|
| Revenue | US$0 |
| Cost of Revenue | US$0 |
| Gross Profit | US$0 |
| Other Expenses | US$31.63m |
| Earnings | -US$31.63m |
Last Reported Earnings
Dec 31, 2023
Next Earnings Date
n/a
| Earnings per share (EPS) | -1.09 |
| Gross Margin | 0.00% |
| Net Profit Margin | 0.00% |
| Debt/Equity Ratio | 0% |
How did BLTE perform over the long term?
See historical performance and comparison