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Qualigen Therapeutics NasdaqCM:QLGN Stock Report

Last Price

US$0.30

Market Cap

US$1.9m

7D

-4.7%

1Y

-68.6%

Updated

25 Apr, 2024

Data

Company Financials +

Qualigen Therapeutics, Inc.

NasdaqCM:QLGN Stock Report

Market Cap: US$1.9m

QLGN Stock Overview

Qualigen Therapeutics, Inc., a biotechnology company, focuses on the development and commercialization of novel therapeutic products for the treatment of cancer and infectious diseases.

QLGN fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health2/6
Dividends0/6

Qualigen Therapeutics, Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Qualigen Therapeutics
Historical stock prices
Current Share PriceUS$0.30
52 Week HighUS$1.26
52 Week LowUS$0.28
Beta0.062
1 Month Change-25.94%
3 Month Change-40.28%
1 Year Change-68.56%
3 Year Change-98.65%
5 Year Changen/a
Change since IPO-99.54%

Recent News & Updates

Recent updates

Qualigen Therapeutics GAAP EPS of -$0.11 beats by $0.06, revenue of $1.4M beats by $0.05M

Aug 16

Qualigen Therapeutics files mixed shelf offering of up to $150M

Jul 29

Qualigen partners Hande Sciences to support its application enabling studies for QN-302

Jul 06

Can Qualigen Therapeutics (NASDAQ:QLGN) Afford To Invest In Growth?

Mar 08
Can Qualigen Therapeutics (NASDAQ:QLGN) Afford To Invest In Growth?

We're A Little Worried About Qualigen Therapeutics' (NASDAQ:QLGN) Cash Burn Rate

Nov 23
We're A Little Worried About Qualigen Therapeutics' (NASDAQ:QLGN) Cash Burn Rate

Is Qualigen Therapeutics (NASDAQ:QLGN) In A Good Position To Deliver On Growth Plans?

Apr 05
Is Qualigen Therapeutics (NASDAQ:QLGN) In A Good Position To Deliver On Growth Plans?

Qualigen nabs additional U.S. patent for ALAN anticancer platform

Dec 15

Qualigen Therapeutics EPS misses by $0.61, misses on revenue

Nov 13

Shareholder Returns

QLGNUS BiotechsUS Market
7D-4.7%1.0%1.2%
1Y-68.6%0.7%24.9%

Return vs Industry: QLGN underperformed the US Biotechs industry which returned 0.7% over the past year.

Return vs Market: QLGN underperformed the US Market which returned 24.9% over the past year.

Price Volatility

Is QLGN's price volatile compared to industry and market?
QLGN volatility
QLGN Average Weekly Movement10.2%
Biotechs Industry Average Movement11.6%
Market Average Movement6.0%
10% most volatile stocks in US Market16.6%
10% least volatile stocks in US Market3.0%

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

Volatility Over Time: QLGN's weekly volatility (10%) has been stable over the past year, but is still higher than 75% of US stocks.

About the Company

FoundedEmployeesCEOWebsite
19964Michael Poirierwww.qualigeninc.com

Qualigen Therapeutics, Inc., a biotechnology company, focuses on the development and commercialization of novel therapeutic products for the treatment of cancer and infectious diseases. It offers FastPack, a patent-protected rapid, onsite immunoassay testing system. The company is developing QN-302 for the treatment of pancreatic ductal adenocarcinoma; QN-247, an oligonucleotide-based drug candidate to treat various nucleolin-expressing cancers, including liquid and solid tumors; QN-165, a drug candidate for the potential broad-spectrum treatment of infectious diseases, such as COVID-19; RAS-F, a small-molecule RAS oncogene protein-protein inhibitor that blocks RAS mutations and inhibits tumor formation; and selective target antigen removal system, a therapeutic device to remove circulating tumor cells, viruses, inflammation factors, and immune checkpoints.

Qualigen Therapeutics, Inc. Fundamentals Summary

How do Qualigen Therapeutics's earnings and revenue compare to its market cap?
QLGN fundamental statistics
Market capUS$1.87m
Earnings (TTM)-US$12.48m
Revenue (TTM)n/a

0.0x

P/S Ratio

-0.2x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
QLGN income statement (TTM)
RevenueUS$0
Cost of RevenueUS$159.31k
Gross Profit-US$159.30k
Other ExpensesUS$12.32m
Earnings-US$12.48m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)-1.98
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio-61.8%

How did QLGN perform over the long term?

See historical performance and comparison
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