Why Is Penny Stock Biophytis Trading Higher On Tuesday?

BPTSDelisted Stock  USD 7.03  0.00  0.00%   
Slightly above 56% of Biophytis' investor base is looking to short. The analysis of current outlook of investing in Biophytis suggests that many traders are alarmed regarding Biophytis' prospects. Biophytis' investing sentiment can be driven by a variety of factors including economic data, Biophytis' earnings reports, geopolitical events, and overall market trends.
  
Monday, Biophytis SA announced the launch of a new clinical development program named OBA, with BIO101 as a potential treatment for obesity combined with GLP-1 receptor agonists. The OBA Phase 2 clinical study is expected to start in mid-2024, upon regulatory approvals, with the first patients expected to be treated in the second half of 2024. BIO101 will be evaluated in obese patients treated with GLP-1 RAs and following hypocaloric dietin

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Biophytis Fundamental Analysis

We analyze Biophytis' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Biophytis using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Biophytis 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.

Number Of Employees

Number Of Employees Comparative Analysis

Biophytis is currently under evaluation in number of employees category among its peers. Number of Employees shows the total number of permanent full time and part time employees working for a given company and processed through its payroll.

Biophytis 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 Biophytis stock to make a market-neutral strategy. Peer analysis of Biophytis could also be used in its relative valuation, which is a method of valuing Biophytis by comparing valuation metrics with similar companies.

Peers

Biophytis Related Equities

NRXPWNRx Pharmaceuticals   30.43   
0%
100.0%
SPROSpero Therapeutics   9.64   
0%
31.0%
TPSTTempest Therapeutics   3.33   
0%
10.0%
HCWBHCW Biologics   2.78   
0%
9.0%
RZLTRezolute   2.31   
0%
7.0%
IPHAInnate Pharma   1.20   
0%
3.0%
ARMPArmata Pharmaceuticals   0.98   
0%
3.0%
INBXInhibrx   0.37   
1.0%
0%
XOMAOXOMA   0.39   
1.0%
0%
AKTXAkari Therapeutics   0.83   
2.0%
0%
ANEBAnebulo Pharmaceuticals   1.85   
6.0%
0%
BOLTBolt Biotherapeutics   1.92   
6.0%
0%
CHRSCoherus BioSciences   2.11   
6.0%
0%
PTIXProtagenic Therapeutics   2.22   
7.0%
0%
NRXPNRX Pharmaceuticals   5.87   
19.0%
0%
PCSAProcessa Pharmaceuticals   6.90   
22.0%
0%
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.

Other Consideration for investing in Biophytis Stock

If you are still planning to invest in Biophytis check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Biophytis' history and understand the potential risks before investing.
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