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Sagiment Biosciences Inc

Sagiment Biosciences Inc (SGMT)

3.35
-0.07
(-2.05%)
Closed July 29 4:00PM
3.35
-0.04
(-1.18%)
After Hours: 6:56PM

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Key stats and details

Current Price
3.35
Bid
3.33
Ask
3.35
Volume
198,292
3.32 Day's Range 3.52
2.13 52 Week Range 20.71
Market Cap
Previous Close
3.42
Open
3.47
Last Trade
1
@
3.33
Last Trade Time
Financial Volume
$ 684,092
VWAP
3.4499
Average Volume (3m)
535,179
Shares Outstanding
30,393,397
Dividend Yield
-
PE Ratio
-3.70
Earnings Per Share (EPS)
-0.92
Revenue
2M
Net Profit
-27.88M

About Sagiment Biosciences Inc

Sagimet Biosciences Inc., a clinical-stage biopharmaceutical company, develops therapeutics called fatty acid synthase (FASN) inhibitors for the treatment of diseases that result from dysfunctional lipid metabolism pathways. Its lead drug candidate is Denifanstat, a FASN inhibitor for the treatment ... Sagimet Biosciences Inc., a clinical-stage biopharmaceutical company, develops therapeutics called fatty acid synthase (FASN) inhibitors for the treatment of diseases that result from dysfunctional lipid metabolism pathways. Its lead drug candidate is Denifanstat, a FASN inhibitor for the treatment of nonalcoholic steatohepatitis and acne. The company is also developing TVB-3567, a FASN inhibitor for the treatment of various types of cancers. The company was formerly known as 3-V Biosciences, Inc. and changed its name to Sagimet Biosciences Inc. in August 2019. Sagimet Biosciences Inc. was incorporated in 2006 and is headquartered in San Mateo, California. Show more

Sector
Pharmaceutical Preparations
Industry
Pharmaceutical Preparations
Website
Headquarters
Camden, Delaware, USA
Founded
1970
Sagiment Biosciences Inc is listed in the Pharmaceutical Preparations sector of the NASDAQ with ticker SGMT. The last closing price for Sagiment Biosciences was $3.42. Over the last year, Sagiment Biosciences shares have traded in a share price range of $ 2.13 to $ 20.71.

Sagiment Biosciences currently has 30,393,397 shares outstanding. The market capitalization of Sagiment Biosciences is $103.95 million. Sagiment Biosciences has a price to earnings ratio (PE ratio) of -3.70.

SGMT Latest News

PeriodChangeChange %OpenHighLowAvg. Daily VolVWAP
10.278.766233766233.083.55532.952310043.27902777CS
4-0.05-1.470588235293.43.712.783839723.19552232CS
12-1.03-23.51598173524.385.72.785351794.18004005CS
26-8.15-70.869565217411.511.762.788002425.65360421CS
52-12.55-78.930817610115.920.712.136563259.15979395CS
156-12.15-78.387096774215.520.712.136361899.23869982CS
260-12.15-78.387096774215.520.712.136361899.23869982CS

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SGMT Discussion

View Posts
Pip611 Pip611 4 weeks ago
Anyone know why this has been tanking so bad the last couple weeks?
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Monksdream Monksdream 3 months ago
SGMT under $5
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AGORDON AGORDON 5 months ago
Sagimet Biosciences (Nasdaq: SGMT $6.25)
Buy recommendation.

Market cap = $199M
Cash = $210M+ (Just raised $112M through a secondary offering)
Estimated cash burn = ($25)/year
Lead product = Denifanstat an oral, once daily pill and selective first-in-class FASN inhibitor in development for the treatment of nonalcoholic steatohepatitis (NASH).
Jan. 22, 2024 announced positive topline results from Phase 2b clinical trial of Denifanstat in Biopsy-confirmed F2/FS NASH.
The results are comparable to Madrigal's Resmitiron.
Ascletis collaboration agreement = Potential $122M in milestone payments as well as tiered royalties ranging from percentages in the high single digits to mid-teens on future net sales of Denifanstat, which is referred to as ASC40 in Greater China
Most AEs (adverse events) were Grade 1 or 2 (mild to moderate). There were no Grade 3 AEs.
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eneels01 eneels01 6 months ago
See if $10 level holds. MC could drift upward later this year towards $1B area as company is similar to ETNB…
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dinogreeves dinogreeves 6 months ago
Yup, got out at 16.25, thought they had enough in the coffers to push through this year. It was a good score while it lasted.
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TheFinalCD TheFinalCD 6 months ago
Sagimet Biosciences Announces Pricing of Public Offering of Series A Common Stock
https://newsfilter.io/articles/sagimet-biosciences-announces-pricing-of-public-offering-of-series-a-common-stock-c3511595df124183e48b41923f34e655

Sagimet Biosciences Announces Proposed Public Offering of Series A Common Stock
https://ir.sagimet.com/news-releases/news-release-details/sagimet-biosciences-announces-proposed-public-offering-series
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gail gail 6 months ago
congrats!
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dinogreeves dinogreeves 6 months ago
Only down 5% for after hours. Nothing to sweat over.
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dinogreeves dinogreeves 6 months ago
Three nice winners in my circle.
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dinogreeves dinogreeves 6 months ago
Looks like another run tomorrow.
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gail gail 6 months ago
that was fun! i love β€œbar charts as…

…

” i get a lot of good leads from that free website.
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gail gail 6 months ago
hey dino, looks like we got a runner here, weeeee!!
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gail gail 6 months ago
grabbed a few on the dip. hi all.
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dinogreeves dinogreeves 6 months ago
Looks like easy 500% gainer today.
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dinogreeves dinogreeves 6 months ago
What a great move and Baker Brothers in it, I simply got lucky at 11.38 with 2500 shares. Looks like billion dollar market cap is going to fetched here real soon.
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Awl416 Awl416 6 months ago
That 20k block they filled at 9.69 before ripping

Yummy
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Awl416 Awl416 6 months ago
Sagimet Biosciences Announces Positive Topline Results from Phase 2b FASCINATE-2 Clinical Trial of Denifanstat in Biopsy-Confirmed F2/F3 NASH
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