NASDAQ
KNTE

Kinnate Biopharma Inc

Biotechnology
Healthcare

Prices are adjusted according to historical splits.

Kinnate Biopharma Inc Stock Price

Vitals

Today's Low:
$1.85
Today's High:
$1.98
Open Price:
$1.92
52W Low:
$1.84
52W High:
$12.965
Prev. Close:
$1.92
Volume:
158354

Company Statistics

Market Cap.:
$111.61 million
Book Value:
4.2
Revenue TTM:
$0
Operating Margin TTM:
0%
Gross Profit TTM:
$0
Profit Margin:
0%
Return on Assets TTM:
-30.75%
Return on Equity TTM:
-50.22%

Company Profile

Kinnate Biopharma Inc had its IPO on 2020-12-03 under the ticker symbol KNTE.

The company operates in the Healthcare sector and Biotechnology industry. Kinnate Biopharma Inc has a staff strength of 84 employees.

Stock update

Shares of Kinnate Biopharma Inc opened at $1.92 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $1.85 - $1.98, and closed at $1.89.

This is a -1.56% slip from the previous day's closing price.

A total volume of 158,354 shares were traded at the close of the day’s session.

In the last one week, shares of Kinnate Biopharma Inc have slipped by -19.57%.

Kinnate Biopharma Inc's Key Ratios

Kinnate Biopharma Inc has a market cap of $111.61 million, indicating a price to book ratio of 1.0635 and a price to sales ratio of 0.

In the last 12-months Kinnate Biopharma Inc’s revenue was $0 with a gross profit of $0 and an EBITDA of $-132066000. The EBITDA ratio measures Kinnate Biopharma Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Kinnate Biopharma Inc’s operating margin was 0% while its return on assets stood at -30.75% with a return of equity of -50.22%.

In Q2, Kinnate Biopharma Inc’s quarterly earnings growth was a positive 0% while revenue growth was a positive 0%.

Kinnate Biopharma Inc’s PE and PEG Ratio

Forward PE
0
Trailing PE
0
PEG

Its diluted EPS in the last 12-months stands at $-2.88 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 Kinnate Biopharma Inc’s profitability.

Kinnate Biopharma Inc stock is trading at a EV to sales ratio of 0 and a EV to EBITDA ratio of -0.3362. Its price to sales ratio in the trailing 12-months stood at 0.

Kinnate Biopharma 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
$216.14 million
Total Liabilities
$15.77 million
Operating Cash Flow
$-10884000.00
Capital Expenditure
$9000
Dividend Payout Ratio
0%

Kinnate Biopharma Inc ended 2024 with $216.14 million in total assets and $0 in total liabilities. Its intangible assets were valued at $216.14 million while shareholder equity stood at $197.62 million.

Kinnate Biopharma Inc ended 2024 with $0 in deferred long-term liabilities, $15.77 million in other current liabilities, 5000.00 in common stock, $-324221000.00 in retained earnings and $0 in goodwill. Its cash balance stood at $34.51 million and cash and short-term investments were $184.70 million. The company’s total short-term debt was $959,000 while long-term debt stood at $0.

Kinnate Biopharma Inc’s total current assets stands at $188.60 million while long-term investments were $19.58 million and short-term investments were $150.20 million. Its net receivables were $0 compared to accounts payable of $2.70 million and inventory worth $0.

In 2024, Kinnate Biopharma Inc's operating cash flow was $-10884000.00 while its capital expenditure stood at $9000.

Comparatively, Kinnate Biopharma Inc paid $0 in dividends in 2024.

Other key metrics

Current Trading Price
$1.89
52-Week High
$12.965
52-Week Low
$1.84
Analyst Target Price
$20.34

Kinnate Biopharma Inc stock is currently trading at $1.89 per share. It touched a 52-week high of $12.965 and a 52-week low of $12.965. Analysts tracking the stock have a 12-month average target price of $20.34.

Its 50-day moving average was $2.63 and 200-day moving average was $4.6 The short ratio stood at 8.31 indicating a short percent outstanding of 0%.

Around 20.6% of the company’s stock are held by insiders while 10383.3% are held by institutions.

Frequently Asked Questions About Kinnate Biopharma Inc

The stock symbol (also called stock or share ticker) of Kinnate Biopharma Inc is KNTE

The IPO of Kinnate Biopharma Inc took place on 2020-12-03

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About

Kinnate Biopharma Inc., a clinical-stage oncology company, focuses on the discovery and development of small molecule kinase inhibitors to treat genomically defined cancers in the United States. The company develops KIN-2787, a rapidly accelerated fibrosarcoma inhibitor for the treatment of patients with lung cancer, melanoma, and other solid tumors; KIN-3248 small-molecule kinase inhibitors that target cancer-associated alterations in fibroblast growth factor receptors FGFR2 and FGFR3 genes; and small molecule research programs, including Cyclin-Dependent Kinase 12(CDK12) inhibitor in its KIN004 program. The company was incorporated in 2018 and is headquartered in San Francisco, California. Kinnate Biopharma Inc. is a former subsidiary of Fount Therapeutics, LLC.

Address

103 Montgomery Street, San Francisco, CA, United States, 94129