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Third Harmonic Bio NasdaqGM:THRD Stock Report

Last Price

US$11.43

Market Cap

US$465.4m

7D

-4.6%

1Y

162.8%

Updated

18 Apr, 2024

Data

Company Financials +

Third Harmonic Bio, Inc.

NasdaqGM:THRD Stock Report

Market Cap: US$465.4m

THRD Stock Overview

Third Harmonic Bio, Inc., a biopharmaceutical company, focuses on the development of the medicine for the treatment of allergic and inflammatory diseases.

THRD fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance0/6
Financial Health6/6
Dividends0/6

Third Harmonic Bio, Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Third Harmonic Bio
Historical stock prices
Current Share PriceUS$11.43
52 Week HighUS$12.42
52 Week LowUS$4.06
Beta0
1 Month Change25.47%
3 Month Change17.71%
1 Year Change162.76%
3 Year Changen/a
5 Year Changen/a
Change since IPO-41.92%

Recent News & Updates

Here's Why We're Not At All Concerned With Third Harmonic Bio's (NASDAQ:THRD) Cash Burn Situation

Apr 06
Here's Why We're Not At All Concerned With Third Harmonic Bio's (NASDAQ:THRD) Cash Burn Situation

Recent updates

Here's Why We're Not At All Concerned With Third Harmonic Bio's (NASDAQ:THRD) Cash Burn Situation

Apr 06
Here's Why We're Not At All Concerned With Third Harmonic Bio's (NASDAQ:THRD) Cash Burn Situation

We're Hopeful That Third Harmonic Bio (NASDAQ:THRD) Will Use Its Cash Wisely

Sep 06
We're Hopeful That Third Harmonic Bio (NASDAQ:THRD) Will Use Its Cash Wisely

We're Hopeful That Third Harmonic Bio (NASDAQ:THRD) Will Use Its Cash Wisely

May 02
We're Hopeful That Third Harmonic Bio (NASDAQ:THRD) Will Use Its Cash Wisely

We're Not Very Worried About Third Harmonic Bio's (NASDAQ:THRD) Cash Burn Rate

Dec 16
We're Not Very Worried About Third Harmonic Bio's (NASDAQ:THRD) Cash Burn Rate

Shareholder Returns

THRDUS PharmaceuticalsUS Market
7D-4.6%-2.2%-3.7%
1Y162.8%11.6%20.5%

Return vs Industry: THRD exceeded the US Pharmaceuticals industry which returned 11.6% over the past year.

Return vs Market: THRD exceeded the US Market which returned 20.5% over the past year.

Price Volatility

Is THRD's price volatile compared to industry and market?
THRD volatility
THRD Average Weekly Movement7.6%
Pharmaceuticals Industry Average Movement9.6%
Market Average Movement6.0%
10% most volatile stocks in US Market16.4%
10% least volatile stocks in US Market3.0%

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

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

About the Company

FoundedEmployeesCEOWebsite
201930Natalie Holleswww.thirdharmonicbio.com

Third Harmonic Bio, Inc., a biopharmaceutical company, focuses on the development of the medicine for the treatment of allergic and inflammatory diseases. It develops inflammatory diseases, including dermal, respiratory, and gastrointestinal diseases. The company was formerly known as Project IGE, Inc. and changed its name to Third Harmonic Bio, Inc. in June 2019.

Third Harmonic Bio, Inc. Fundamentals Summary

How do Third Harmonic Bio's earnings and revenue compare to its market cap?
THRD fundamental statistics
Market capUS$465.37m
Earnings (TTM)-US$30.82m
Revenue (TTM)n/a

0.0x

P/S Ratio

-15.1x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
THRD income statement (TTM)
RevenueUS$0
Cost of RevenueUS$0
Gross ProfitUS$0
Other ExpensesUS$30.82m
Earnings-US$30.82m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)-0.76
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio0%

How did THRD perform over the long term?

See historical performance and comparison
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