Third Harmonic Bio logo
THRD logo

Third Harmonic BioNasdaqGM:THRD Stock Report

Market Cap US$209.1m
Share Price
n/a
1Y-43.2%
7D-4.3%
Portfolio Value
View

Third Harmonic Bio, Inc.

NasdaqGM:THRD Stock Report

Market Cap: US$209.1m

THRD Stock Overview

A biopharmaceutical company, focuses on the development of the medicine for the treatment of dermal, respiratory, and gastrointestinal inflammatory diseases. More details

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

My Notes

Capture your thoughts, links and company narrative

Third Harmonic Bio, Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Third Harmonic Bio
Historical stock prices
Current Share PriceUS$5.12
52 Week HighUS$16.94
52 Week LowUS$4.62
Beta2.67
1 Month Change-53.28%
3 Month Change-65.87%
1 Year Change-43.24%
3 Year Changen/a
5 Year Changen/a
Change since IPO-73.98%

Recent News & Updates

Third Harmonic Bio (NASDAQ:THRD) Is In A Good Position To Deliver On Growth Plans

Nov 16
Third Harmonic Bio (NASDAQ:THRD) Is In A Good Position To Deliver On Growth Plans

Companies Like Third Harmonic Bio (NASDAQ:THRD) Can Afford To Invest In Growth

Aug 03
Companies Like Third Harmonic Bio (NASDAQ:THRD) Can Afford To Invest In Growth

Recent updates

Third Harmonic Bio (NASDAQ:THRD) Is In A Good Position To Deliver On Growth Plans

Nov 16
Third Harmonic Bio (NASDAQ:THRD) Is In A Good Position To Deliver On Growth Plans

Companies Like Third Harmonic Bio (NASDAQ:THRD) Can Afford To Invest In Growth

Aug 03
Companies Like Third Harmonic Bio (NASDAQ:THRD) Can Afford To Invest In Growth

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-4.3%1.3%0.6%
1Y-43.2%1.2%22.4%

Return vs Industry: THRD underperformed the US Pharmaceuticals industry which returned 1.2% over the past year.

Return vs Market: THRD underperformed the US Market which returned 22.4% over the past year.

Price Volatility

Is THRD's price volatile compared to industry and market?
THRD volatility
THRD Average Weekly Movement13.4%
Pharmaceuticals Industry Average Movement10.5%
Market Average Movement6.4%
10% most volatile stocks in US Market18.8%
10% least volatile stocks in US Market3.2%

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

Volatility Over Time: THRD's weekly volatility (13%) has been stable over the past year, but is still higher than 75% of US stocks.

About the Company

FoundedEmployeesCEOWebsite
201951Natalie Holleswww.thirdharmonicbio.com

Third Harmonic Bio, Inc., a biopharmaceutical company, focuses on the development of the medicine for the treatment of dermal, respiratory, and gastrointestinal inflammatory diseases. The company develops oral small-molecule inhibitors of KIT, a cell surface receptor that serves as the master regulator of mast cell function and survival. It is also developing THB335, an oral small molecule KIT inhibitor for the treatment of mast cell-mediated skin, respiratory, and gastrointestinal conditions.

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$209.07m
Earnings (TTM)-US$39.20m
Revenue (TTM)n/a

0.0x

P/S Ratio

-5.9x

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$39.20m
Earnings-US$39.20m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-0.87
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio0%

How did THRD perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/02/06 00:51
End of Day Share Price 2025/02/06 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Third Harmonic Bio, Inc. is covered by 5 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Akash TewariJefferies LLC
Michael UlzMorgan Stanley
Laura PrendergastRaymond James & Associates