NASDAQ
EQRX

EQRx Inc

Biotechnology
Healthcare

Prices are adjusted according to historical splits.

EQRx Inc Stock Price

Vitals

Today's Low:
$2.25
Today's High:
$2.305
Open Price:
$2.29
52W Low:
$1.58
52W High:
$6.05
Prev. Close:
$2.28
Volume:
1970283

Company Statistics

Market Cap.:
$891.87 million
Book Value:
2.733
Revenue TTM:
$0
Operating Margin TTM:
0%
Gross Profit TTM:
$0
Profit Margin:
0%
Return on Assets TTM:
-15.06%
Return on Equity TTM:
-19.03%

Company Profile

EQRx Inc had its IPO on 2021-12-20 under the ticker symbol EQRX.

The company operates in the Healthcare sector and Biotechnology industry. EQRx Inc has a staff strength of 362 employees.

Stock update

Shares of EQRx Inc opened at $2.29 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $2.25 - $2.31, and closed at $2.29.

This is a +0.44% increase from the previous day's closing price.

A total volume of 1,970,283 shares were traded at the close of the day’s session.

In the last one week, shares of EQRx Inc have slipped by -0.87%.

EQRx Inc's Key Ratios

EQRx Inc has a market cap of $891.87 million, indicating a price to book ratio of 0.9978 and a price to sales ratio of 0.

In the last 12-months EQRx Inc’s revenue was $0 with a gross profit of $0 and an EBITDA of $-367683008. The EBITDA ratio measures EQRx Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, EQRx Inc’s operating margin was 0% while its return on assets stood at -15.06% with a return of equity of -19.03%.

In Q1, EQRx Inc’s quarterly earnings growth was a positive 0% while revenue growth was a positive 0%.

EQRx Inc’s PE and PEG Ratio

Forward PE
0
Trailing PE
0
PEG

Its diluted EPS in the last 12-months stands at $-0.62 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 EQRx Inc’s profitability.

EQRx Inc stock is trading at a EV to sales ratio of 0 and a EV to EBITDA ratio of 0.2806. Its price to sales ratio in the trailing 12-months stood at 0.

EQRx 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
$1.38 billion
Total Liabilities
$59.88 million
Operating Cash Flow
$-40359000.00
Capital Expenditure
$444000
Dividend Payout Ratio
0%

EQRx Inc ended 2024 with $1.38 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $1.38 billion while shareholder equity stood at $1.31 billion.

EQRx Inc ended 2024 with $0 in deferred long-term liabilities, $59.88 million in other current liabilities, 49000.00 in common stock, $-610140000.00 in retained earnings and $0 in goodwill. Its cash balance stood at $368.36 million and cash and short-term investments were $1.33 billion. The company’s total short-term debt was $2,368,000 while long-term debt stood at $0.

EQRx Inc’s total current assets stands at $1.35 billion while long-term investments were $4.00 million and short-term investments were $957.58 million. Its net receivables were $0 compared to accounts payable of $20.73 million and inventory worth $0.

In 2024, EQRx Inc's operating cash flow was $-40359000.00 while its capital expenditure stood at $444000.

Comparatively, EQRx Inc paid $0 in dividends in 2024.

Other key metrics

Current Trading Price
$2.29
52-Week High
$6.05
52-Week Low
$1.58
Analyst Target Price
$2.55

EQRx Inc stock is currently trading at $2.29 per share. It touched a 52-week high of $6.05 and a 52-week low of $6.05. Analysts tracking the stock have a 12-month average target price of $2.55.

Its 50-day moving average was $2.11 and 200-day moving average was $2.16 The short ratio stood at 11.33 indicating a short percent outstanding of 0%.

Around 1084.5% of the company’s stock are held by insiders while 7292.8% are held by institutions.

Frequently Asked Questions About EQRx Inc

The stock symbol (also called stock or share ticker) of EQRx Inc is EQRX

The IPO of EQRx Inc took place on 2021-12-20

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About

EQRx, Inc., a pharmaceutical company, engages in developing medicines primarily for the treatment of oncology and immune-inflammatory diseases in the United States. The company’s clinical programs in pipeline includes Aumolertinib, an epidermal growth factor receptor (EGFR) tyrosine kinase inhibitor for the treatment of patients with EGFR-mutated non-small cell lung cancer (NSCLC); Sugemalimab, is an anti-programmed cell death-ligand 1 (PD-L1) monoclonal antibody that treats stage III and stage IV NSCLC; and Lerociclib, a small molecule cyclin-dependent kinase 4/6 inhibitor, which has completed Phase 1 clinical trial in patients with metastatic breast cancer, as well as in combination with other targeted therapies for the treatment of patients with hormone receptor positive (HR+)/human epidermal growth factor receptor 2 negative (HER2-) metastatic breast cancer. Its other programs in pipeline comprises clinical and pre-clinical, and discovery stage assets, such as Nofazinlimab, an anti-programmed death-1 (PD-1) antibody that is in Phase 3 trial for the treatment of patients with primary liver cancer, and for the treatment of patients with hepatocellular carcinoma; and EQ121, a selective Janus kinase-1 (JAK-1) inhibitor that has completed Phase 1 and in various Phase 1b and 2 trials in for the treatment of ankylosing spondylitis, atopic dermatitis, and rheumatoid arthritis. EQRx, Inc. was incorporated in 2019 and is headquartered in Cambridge, Massachusetts.

Address

50 Hampshire Street, Cambridge, MA, United States, 02139