Candel Therapeutics Showcases Innovative Cancer Therapy Candidates at 16th Annual International Oncolytic Virotherapy Conference
CADL Stock | USD 4.43 0.08 1.77% |
About 66% of Candel Therapeutics' investor base is looking to short. The analysis of the overall investor sentiment regarding Candel Therapeutics suggests that many traders are alarmed. Candel Therapeutics' investing sentiment shows overall attitude of investors towards Candel Therapeutics.
Candel |
NEEDHAM, Mass., Oct. 28, 2024 -- Candel Therapeutics, Inc. , a clinical-stage biopharmaceutical company focused on developing multimodal biological immunotherapies to help patients fight cancer, today announced three presentations at the 16th Annual International Oncolytic Virotherapy Conference , taking place October 27-30, 2024, in Rotterdam, the Netherlands. The presentations will showcase Candels advancements in innovative viral i
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Candel Therapeutics Investor Sentiment by Other News Outlets
Investor sentiment, mood or attitude towards Candel Therapeutics can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Candel Therapeutics Fundamental Analysis
We analyze Candel Therapeutics' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Candel Therapeutics using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Candel Therapeutics 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
Candel Therapeutics 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.
Candel Therapeutics 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 Candel Therapeutics stock to make a market-neutral strategy. Peer analysis of Candel Therapeutics could also be used in its relative valuation, which is a method of valuing Candel Therapeutics by comparing valuation metrics with similar companies.
Peers
Candel Therapeutics Related Equities
ANEB | Anebulo Pharmaceuticals | 7.64 | ||||
MOLN | Molecular Partners | 5.81 | ||||
MNPR | Monopar Therapeutics | 5.27 | ||||
PMVP | Pmv Pharmaceuticals | 4.35 | ||||
INDP | Indaptus Therapeutics | 3.00 | ||||
PHVS | Pharvaris | 1.11 | ||||
MLYS | Mineralys Therapeutics, | 2.49 | ||||
AVTE | Aerovate Therapeutics | 2.67 | ||||
OKYO | OKYO Pharma | 2.88 | ||||
RZLT | Rezolute | 3.55 | ||||
PEPG | PepGen | 5.35 | ||||
ADAG | Adagene | 6.01 | ||||
ANTX | AN2 Therapeutics | 6.25 | ||||
FBRX | Forte Biosciences | 6.25 | ||||
TPST | Tempest Therapeutics | 8.42 | ||||
ACRV | Acrivon Therapeutics, | 9.66 | ||||
ACXP | Acurx Pharmaceuticals | 18.75 |
Check out Candel Therapeutics Hype Analysis, Candel Therapeutics Correlation and Candel Therapeutics Performance. For more information on how to buy Candel Stock please use our How to buy in Candel Stock guide.You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
Is Biotechnology space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Candel Therapeutics. If investors know Candel will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Candel Therapeutics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.73) | Revenue Per Share 0.001 | Return On Assets (0.52) | Return On Equity (4.81) |
The market value of Candel Therapeutics is measured differently than its book value, which is the value of Candel that is recorded on the company's balance sheet. Investors also form their own opinion of Candel Therapeutics' value that differs from its market value or its book value, called intrinsic value, which is Candel Therapeutics' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Candel Therapeutics' market value can be influenced by many factors that don't directly affect Candel Therapeutics' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Candel Therapeutics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Candel Therapeutics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Candel Therapeutics' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.