Belite Bio Doses First Subject in Pivotal Phase 3 PHOENIX Trial Evaluating Oral Tinlarebant for GA
BLTE Stock | USD 63.26 4.18 6.20% |
About 54% of Belite Bio's investor base is interested to short. The analysis of the overall investor sentiment regarding Belite Bio ADR suggests that many traders are impartial. The current market sentiment, together with Belite Bio's historical and current headlines, can help investors time the market. In addition, many technical investors use Belite Bio ADR stock news signals to limit their universe of possible portfolio assets.
Belite |
Tinlarebant is Belite Bios orally administered tablet intended to slow disease progression in subjects with Stargardt Disease and Geographic Atrophy in advanced Dry Age-related Macular Degeneration There are no approved oral or non-invasive treatments for GAEnrollment of approximately 430 GA subjects across multiple centers globally SAN DIEGO, July 27, 2023 Belite Bio, Inc , a clinical stage biop
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Belite Bio Investor Sentiment by Other News Outlets
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Belite Bio Fundamental Analysis
We analyze Belite Bio's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Belite Bio using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Belite Bio based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Current Valuation
Current Valuation Comparative Analysis
Belite Bio is currently under evaluation in current valuation category among its peers. Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Belite Bio ADR Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Belite Bio stock to make a market-neutral strategy. Peer analysis of Belite Bio could also be used in its relative valuation, which is a method of valuing Belite Bio by comparing valuation metrics with similar companies.
Peers
Belite Bio Related Equities
ANTX | AN2 Therapeutics | 21.90 | ||||
GLUE | Monte Rosa | 13.72 | ||||
ALGS | Aligos Therapeutics | 10.96 | ||||
VIGL | Vigil Neuroscience | 7.39 | ||||
AADI | Aadi Bioscience | 2.63 | ||||
IKNA | Ikena Oncology | 2.37 | ||||
CNTA | Centessa Pharmaceuticals | 1.76 | ||||
ADAG | Adagene | 1.30 | ||||
PMVP | Pmv Pharmaceuticals | 1.25 | ||||
ACRV | Acrivon Therapeutics, | 0.80 | ||||
ANEB | Anebulo Pharmaceuticals | 0.70 | ||||
TRDA | Entrada Therapeutics | 0.30 | ||||
MOLN | Molecular Partners | 0.17 | ||||
AVTE | Aerovate Therapeutics | 0.38 | ||||
CELC | Celcuity LLC | 0.39 | ||||
ANAB | AnaptysBio | 0.64 | ||||
IMRX | Immuneering Corp | 1.88 | ||||
MLYS | Mineralys Therapeutics, | 2.59 | ||||
GLTO | Galecto | 3.81 | ||||
LRMR | Larimar Therapeutics | 4.67 |
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