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Cartesian Therapeutics NasdaqGM:RNAC Stock Report

Last Price

US$16.94

Market Cap

US$446.0m

7D

-1.1%

1Y

-53.7%

Updated

20 Nov, 2024

Data

Company Financials +

Cartesian Therapeutics, Inc.

NasdaqGM:RNAC Stock Report

Market Cap: US$446.0m

RNAC Stock Overview

A clinical-stage biotechnology company, engages in the provision of mRNA cell therapies for the treatment of autoimmune diseases. More details

RNAC fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance0/6
Financial Health5/6
Dividends0/6

Cartesian Therapeutics, Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Cartesian Therapeutics
Historical stock prices
Current Share PriceUS$16.94
52 Week HighUS$42.60
52 Week LowUS$11.67
Beta0
11 Month Change-24.88%
3 Month Change26.70%
1 Year Change-53.72%
33 Year Changen/a
5 Year Changen/a
Change since IPO-47.23%

Recent News & Updates

Cartesian Therapeutics: Uncertainty Remains

Nov 10

Cartesian Therapeutics Seems A 'Strong Buy' After Positive Phase 2 Results

Sep 17

Recent updates

Cartesian Therapeutics: Uncertainty Remains

Nov 10

Cartesian Therapeutics Seems A 'Strong Buy' After Positive Phase 2 Results

Sep 17

Cartesian: Further Value To Be Unlocked After Positive MG Treatment Data

Jul 02

Shareholder Returns

RNACUS BiotechsUS Market
7D-1.1%-6.5%-1.0%
1Y-53.7%14.6%30.3%

Return vs Industry: RNAC underperformed the US Biotechs industry which returned 14.1% over the past year.

Return vs Market: RNAC underperformed the US Market which returned 30.4% over the past year.

Price Volatility

Is RNAC's price volatile compared to industry and market?
RNAC volatility
RNAC Average Weekly Movement14.1%
Biotechs Industry Average Movement9.7%
Market Average Movement6.2%
10% most volatile stocks in US Market15.7%
10% least volatile stocks in US Market3.1%

Stable Share Price: RNAC's share price has been volatile over the past 3 months compared to the US market.

Volatility Over Time: RNAC's weekly volatility (14%) has been stable over the past year, but is still higher than 75% of US stocks.

About the Company

FoundedEmployeesCEOWebsite
n/a38Carsten Brunnwww.cartesiantherapeutics.com

Cartesian Therapeutics, Inc., a clinical-stage biotechnology company, engages in the provision of mRNA cell therapies for the treatment of autoimmune diseases. It develops Descartes-08, an autologous anti-BCMA RNA-engineered chimeric antigen receptor T-cell therapy, currently under Phase 2b clinical development for generalized myasthenia gravis, as well as for patients with systemic lupus erythematosus, and myeloma autoimmune basket trials for other autoimmune diseases. The company develops Descartes-15 to treat Autoimmune diseases, myeloma; and Descartes-33 which is in preclinical development for treatment of autoimmune diseases.

Cartesian Therapeutics, Inc. Fundamentals Summary

How do Cartesian Therapeutics's earnings and revenue compare to its market cap?
RNAC fundamental statistics
Market capUS$446.03m
Earnings (TTM)-US$282.38m
Revenue (TTM)US$47.94m

9.0x

P/S Ratio

-1.5x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
RNAC income statement (TTM)
RevenueUS$47.94m
Cost of RevenueUS$49.83m
Gross Profit-US$1.89m
Other ExpensesUS$280.49m
Earnings-US$282.38m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-11.11
Gross Margin-3.95%
Net Profit Margin-589.05%
Debt/Equity Ratio0%

How did RNAC perform over the long term?

See historical performance and comparison