Transcode Therapeutics Stock Today

RNAZ Stock  USD 0.34  0.04  9.71%   

Performance

7 of 100

 
Weak
 
Strong
OK

Odds Of Distress

Over 76

 
High
 
Low
High
Transcode Therapeutics is trading at 0.3431 as of the 28th of November 2024; that is 9.71 percent decrease since the beginning of the trading day. The stock's open price was 0.38. Transcode Therapeutics has a very high chance of experiencing financial distress in the next few years of operation. It also did not have a very good performance during the last 90 trading days. Equity ratings for Transcode Therapeutics are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 30th of August 2024 and ending today, the 28th of November 2024. Click here to learn more.
Business Domain
Pharmaceuticals, Biotechnology & Life Sciences
IPO Date
8th of July 2021
Category
Healthcare
Classification
Health Care
TransCode Therapeutics, Inc., a biopharmaceutical company, engages in the development and commercialization of drugs and diagnostics for treating and identifying metastatic disease. The company was incorporated in 2016 and is based in Boston, Massachusetts. The company has 17.27 M outstanding shares of which 743.58 K shares are at this time shorted by private and institutional investors with about 0.5 trading days to cover. More on Transcode Therapeutics

Moving together with Transcode Stock

  0.89OPT OptheaPairCorr

Moving against Transcode Stock

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Transcode Stock Highlights

CFO, CEOThomas MBA
Business ConcentrationBiotechnology, Pharmaceuticals, Biotechnology & Life Sciences, Health Care, NASDAQ Composite, Health Care, Biotechnology, Biotechnology, Healthcare (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Total Current LiabilitiesM3.5 M
Way Down
Slightly volatile
Non Current Liabilities Total36.4 K38.3 K
Notably Down
Very volatile
Total Assets8.1 M5.2 M
Way Up
Slightly volatile
Total Current Assets6.6 M4.5 M
Way Up
Slightly volatile
Debt Levels
Transcode Therapeutics can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Transcode Therapeutics' financial leverage. It provides some insight into what part of Transcode Therapeutics' total assets is financed by creditors.
Liquidity
Transcode Therapeutics currently holds 450.57 K in liabilities. Transcode Therapeutics has a current ratio of 7.9, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about Transcode Therapeutics' use of debt, we should always consider it together with its cash and equity.

Stock Based Compensation

1.09 Million
Transcode Therapeutics (RNAZ) is traded on NASDAQ Exchange in USA. It is located in 6 Liberty Square, Boston, MA, United States, 02109 and employs 10 people. Transcode Therapeutics is listed under Biotechnology category by Fama And French industry classification. The company currently falls under 'Nano-Cap' category with a current market capitalization of 6.51 M. Transcode Therapeutics conducts business under Biotechnology sector and is part of Health Care industry. The entity has 17.27 M outstanding shares of which 743.58 K shares are at this time shorted by private and institutional investors with about 0.5 trading days to cover. Transcode Therapeutics currently holds about 13.45 M in cash with (18.07 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.04, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Check Transcode Therapeutics Probability Of Bankruptcy
Ownership Allocation
About 98.0 % of Transcode Therapeutics outstanding shares are held by general public with 0.009 (%) owned by insiders and only 1.99 % by institutional holders.
Check Transcode Ownership Details

Transcode Stock Institutional Holders

InstituionRecorded OnShares
Fmr Inc2024-09-30
175
Bank Of America Corp2024-06-30
55.0
First Personal Financial Services Inc2024-06-30
1.0
Financial Network Wealth Advisors Llc2024-09-30
0.0
Wells Fargo & Co2024-06-30
0.0
Sabby Management Llc2024-06-30
0.0
Citadel Advisors Llc2024-09-30
0.0
Geode Capital Management, Llc2024-09-30
121.8 K
Private Capital Management Llc2024-09-30
80.7 K
Ubs Group Ag2024-06-30
74.9 K
Sheets Smith Wealth Management2024-09-30
50.1 K
View Transcode Therapeutics Diagnostics

Transcode Therapeutics Historical Income Statement

At this time, Transcode Therapeutics' Net Interest Income is fairly stable compared to the past year. Selling General Administrative is likely to rise to about 7.5 B in 2024, whereas Interest Expense is likely to drop slightly above 48.1 K in 2024. View More Fundamentals

Transcode Stock Against Markets

Transcode Therapeutics Corporate Management

RN MBASenior OperationsProfile
Daniel MDChief OfficerProfile
Anna MooreScientific CoFounderProfile
Calais PharmExecutive BoardProfile
Robert DudleyCEO, CoFounderProfile

Additional Tools for Transcode Stock Analysis

When running Transcode Therapeutics' price analysis, check to measure Transcode Therapeutics' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Transcode Therapeutics is operating at the current time. Most of Transcode Therapeutics' value examination focuses on studying past and present price action to predict the probability of Transcode Therapeutics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Transcode Therapeutics' price. Additionally, you may evaluate how the addition of Transcode Therapeutics to your portfolios can decrease your overall portfolio volatility.