CNCE
Price:
$8.37
Market Cap:
$0
Concert Pharmaceuticals, Inc. operates as a clinical stage biopharmaceutical company that develops novel small molecule drugs for the treatment of autoimmune diseases. The company's lead product candidate is CTP-543, which is in Phase III clinical trial for the treatment of alopecia areata, a serious autoimmune dermatological condition. It has strategic collaborations with Avanir Pharmaceuticals, Inc.; Jazz Pharmaceuticals, Inc.; Cipla Technologies; and Processa Pharmaceuticals. The company was incorporated in 2006 and is headquartered in Lexington, Massachusetts.
Industry
Biotechnology
IPO Date
2014-02-13
Stock Exchange
NASDAQ
Ticker
CNCE
According to Concert Pharmaceuticals, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 9.33. This represents a change of 3.61% compared to the average of 9.00 of the last 4 quarters.
The mean historical Current Ratio of Concert Pharmaceuticals, Inc. over the last ten years is 13.21. The current 9.33 Current Ratio has changed 6.96% with respect to the historical average. Over the past ten years (40 quarters), CNCE's Current Ratio was at its highest in in the June 2018 quarter at 33.89. The Current Ratio was at its lowest in in the March 2013 quarter at 0.
Average
13.21
Median
11.67
Minimum
2.14
Maximum
31.92
Discovering the peaks and valleys of Concert Pharmaceuticals, Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 395.42%
Maximum Annual Current Ratio = 31.92
Minimum Annual Increase = -67.14%
Minimum Annual Current Ratio = 2.14
| Year | Current Ratio | Change |
|---|---|---|
| 2021 | 9.33 | -33.50% |
| 2020 | 14.02 | 107.22% |
| 2019 | 6.77 | -67.14% |
| 2018 | 20.59 | -35.50% |
| 2017 | 31.92 | 81.93% |
| 2016 | 17.55 | -19.31% |
| 2015 | 21.75 | 395.42% |
| 2014 | 4.39 | 105.21% |
| 2013 | 2.14 | -41.36% |
| 2012 | 3.65 | -15.10% |
The current Current Ratio of Concert Pharmaceuticals, Inc. (CNCE) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
10.04
5-year avg
16.53
10-year avg
13.21
Concert Pharmaceuticals, Inc.’s Current Ratio is greater than Orchard Therapeutics plc (2.78), greater than Revance Therapeutics, Inc. (4.12), greater than Vigil Neuroscience, Inc. (2.06), greater than Checkpoint Therapeutics, Inc. (1.91), greater than iTeos Therapeutics, Inc. (7.53), less than Climb Bio, Inc. (14.08), greater than G1 Therapeutics, Inc. (3.87), greater than Y-mAbs Therapeutics, Inc. (4.00), less than SomaLogic, Inc. (13.42), greater than scPharmaceuticals Inc. (3.85),
| Company | Current Ratio | Market cap |
|---|---|---|
| 2.78 | $380.11M | |
| 4.12 | $381.02M | |
| 2.06 | $375.71M | |
| 1.91 | $367.72M | |
| 7.53 | $448.68M | |
| 14.08 | $206.87M | |
| 3.87 | $377.75M | |
| 4.00 | $391.22M | |
| 13.42 | $396.23M | |
| 3.85 | $302.20M |
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