(VIANEWS) – The Market ended the session with BERGENBIO (BGBIO.OL) jumping 15.43% to kr0.27 on Wednesday, after two sequential sessions in a row of gains. Oslo Børs Benchmark Index_GI dropped 0.14% to kr1,289.59, following the last session’s downward trend on what was a somewhat down trend trading session today.
BERGENBIO’s last close was kr0.23, 98.23% below its 52-week high of kr13.03.
About BERGENBIO
BerGenBio ASA, a clinical-stage biopharmaceutical company, engages in development of novel medicines to treat immune-evasive, drug resistant, and metastatic cancers; and respiratory diseases. It develops bemcentinib, an oral once-a-day inhibitor of AXL receptor tyrosine kinase, which is in Phase 1b/2a clinical trial to treat non-small cell lung cancer, and Phase 2 clinical trial to treat acute myeloid leukemia and COVID-19. Bemcentinib is also being studied for glioblastoma, 2L lung cancer, melanoma, pancreatic cancer, and mesothelioma. In addition, the company is developing tilvestamab, an anti-AXL function-blocking monoclonal antibody that is in Phase 1b clinical trial for the treatment of ovarian cancer; and mipasetamab uzoptirine, which is in Phase 1 clinical trial for the treatment of solid tumors. It has a collaboration agreement with Merck & Co. for clinical trials. The company was incorporated in 2007 and is based in Bergen, Norway.
Earnings Per Share
As for profitability, BERGENBIO has a trailing twelve months EPS of kr-0.55.
Return on Equity
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is negative -179.58%.
Moving Average
BERGENBIO’s worth is way above its 50-day moving average of kr0.13 and way under its 200-day moving average of kr4.18.
Yearly Top and Bottom Value
BERGENBIO’s stock is valued at kr0.27 at 21:31 EST, way below its 52-week high of kr13.03 and way above its 52-week low of kr0.08.
Stock Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, BERGENBIO’s stock is considered to be oversold (<=20).
More news about BERGENBIO (BGBIO.OL).
