NASDAQ
ABOS

Acumen Pharmaceuticals Inc

Biotechnology
Healthcare

Prices are adjusted according to historical splits.

Acumen Pharmaceuticals Inc Stock Price

Vitals

Today's Low:
$5.51
Today's High:
$5.71
Open Price:
$5.61
52W Low:
$3.02
52W High:
$10.97
Prev. Close:
$5.66
Volume:
121797

Company Statistics

Market Cap.:
$223.45 million
Book Value:
4.855
Revenue TTM:
$329000
Operating Margin TTM:
0%
Gross Profit TTM:
$-12305000
Profit Margin:
0%
Return on Assets TTM:
-11.24%
Return on Equity TTM:
-17.83%

Company Profile

Acumen Pharmaceuticals Inc had its IPO on 2021-07-01 under the ticker symbol ABOS.

The company operates in the Healthcare sector and Biotechnology industry. Acumen Pharmaceuticals Inc has a staff strength of 14 employees.

Stock update

Shares of Acumen Pharmaceuticals Inc opened at $5.61 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $5.51 - $5.71, and closed at $5.53.

This is a -2.3% slip from the previous day's closing price.

A total volume of 121,797 shares were traded at the close of the day’s session.

In the last one week, shares of Acumen Pharmaceuticals Inc have slipped by -9.49%.

Acumen Pharmaceuticals Inc's Key Ratios

Acumen Pharmaceuticals Inc has a market cap of $223.45 million, indicating a price to book ratio of 1.1987 and a price to sales ratio of 538.7842.

In the last 12-months Acumen Pharmaceuticals Inc’s revenue was $329000 with a gross profit of $-12305000 and an EBITDA of $-39381000. The EBITDA ratio measures Acumen Pharmaceuticals Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Acumen Pharmaceuticals Inc’s operating margin was 0% while its return on assets stood at -11.24% with a return of equity of -17.83%.

In Q3, Acumen Pharmaceuticals Inc’s quarterly earnings growth was a positive 0% while revenue growth was a positive 0%.

Acumen Pharmaceuticals Inc’s PE and PEG Ratio

Forward PE
0
Trailing PE
4.4032
PEG

Its diluted EPS in the last 12-months stands at $1.24 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Acumen Pharmaceuticals Inc’s profitability.

Acumen Pharmaceuticals Inc stock is trading at a EV to sales ratio of 89.674 and a EV to EBITDA ratio of -0.908. Its price to sales ratio in the trailing 12-months stood at 538.7842.

Acumen Pharmaceuticals Inc stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets
$203.26 million
Total Liabilities
$6.61 million
Operating Cash Flow
$55.92 million
Capital Expenditure
$81000
Dividend Payout Ratio
0%

Acumen Pharmaceuticals Inc ended 2024 with $203.26 million in total assets and $0 in total liabilities. Its intangible assets were valued at $203.26 million while shareholder equity stood at $196.65 million.

Acumen Pharmaceuticals Inc ended 2024 with $337000.00 in deferred long-term liabilities, $6.61 million in other current liabilities, 4000.00 in common stock, $-157561000.00 in retained earnings and $0 in goodwill. Its cash balance stood at $157.54 million and cash and short-term investments were $200.19 million. The company’s total short-term debt was $133,000 while long-term debt stood at $0.

Acumen Pharmaceuticals Inc’s total current assets stands at $202.56 million while long-term investments were $0.00 and short-term investments were $42.65 million. Its net receivables were $121000.00 compared to accounts payable of $2.08 million and inventory worth $201000.00.

In 2024, Acumen Pharmaceuticals Inc's operating cash flow was $55.92 million while its capital expenditure stood at $81000.

Comparatively, Acumen Pharmaceuticals Inc paid $0 in dividends in 2024.

Other key metrics

Current Trading Price
$5.53
52-Week High
$10.97
52-Week Low
$3.02
Analyst Target Price
$15.83

Acumen Pharmaceuticals Inc stock is currently trading at $5.53 per share. It touched a 52-week high of $10.97 and a 52-week low of $10.97. Analysts tracking the stock have a 12-month average target price of $15.83.

Its 50-day moving average was $6.55 and 200-day moving average was $5.47 The short ratio stood at 6.48 indicating a short percent outstanding of 0%.

Around 1556.8% of the company’s stock are held by insiders while 7431.8% are held by institutions.

Frequently Asked Questions About Acumen Pharmaceuticals Inc

The stock symbol (also called stock or share ticker) of Acumen Pharmaceuticals Inc is ABOS

The IPO of Acumen Pharmaceuticals Inc took place on 2021-07-01

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About

Acumen Pharmaceuticals, Inc., a clinical-stage biopharmaceutical company, discovers and develops therapies for the treatment of Alzheimer’s disease. The company focuses on advancing a targeted immunotherapy drug candidate ACU193, a humanized monoclonal antibody that is in Phase I clinical-stage to target soluble amyloid-beta oligomers. Acumen Pharmaceuticals, Inc. was incorporated in 1996 and is headquartered in Charlottesville, Virginia.

Address

427 Park Street, Charlottesville, VA, United States, 22902