RAPP
Price:
$28.7
Market Cap:
$1.05B
Rapport Therapeutics, Inc., operates as a clinical-stage biopharmaceutical company that focuses on the discovery and development of transformational small molecule medicines for patients suffering from central nervous system (CNS) disorders. Its lead product candidate is receptor associated protein (RAP)-219, an investigational small molecule that is designed to inhibit TARPy8-containing AMPARs with picomolar affinity for the treatment of focal epilepsy and other CNS disorders, including peripheral neuropathic pain and bipolar disorder. The company also develops RAP-199, a TARPy8 targeted molecule with differentiated chemical and pharmacokinetic properties; and nicotinic acetylcholine recept...[Read more]
Industry
Biotechnology
IPO Date
Stock Exchange
NASDAQ
Ticker
RAPP
According to Rapport Therapeutics, Inc. Common Stock’s latest financial reports and current stock price. The company's current Current Ratio is 36.37. This represents a change of 15.95% compared to the average of 31.37 of the last 4 quarters.
The mean historical Current Ratio of Rapport Therapeutics, Inc. Common Stock over the last ten years is 23.76. The current 36.37 Current Ratio has changed 15.21% with respect to the historical average. Over the past ten years (40 quarters), RAPP's Current Ratio was at its highest in in the September 2024 quarter at 45.91. The Current Ratio was at its lowest in in the March 2023 quarter at 0.
Average
23.76
Median
18.80
Minimum
17.14
Maximum
35.34
Discovering the peaks and valleys of Rapport Therapeutics, Inc. Common Stock 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 = 106.18%
Maximum Annual Current Ratio = 35.34
Minimum Annual Increase = -8.85%
Minimum Annual Current Ratio = 17.14
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 35.34 | 106.18% |
| 2023 | 17.14 | -8.85% |
The current Current Ratio of Rapport Therapeutics, Inc. Common Stock (RAPP) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
23.76
5-year avg
23.76
10-year avg
23.76
Rapport Therapeutics, Inc. Common Stock’s Current Ratio is greater than Nurix Therapeutics, Inc. (5.35), greater than Kodiak Sciences Inc. (1.78), greater than Phathom Pharmaceuticals, Inc. (2.23), greater than Xencor, Inc. (5.34), greater than BridgeBio Oncology Therapeutics Inc. (13.33), greater than AnaptysBio, Inc. (8.68), greater than Mind Medicine (MindMed) Inc. (3.30), greater than UroGen Pharma Ltd. (4.14), greater than Oculis Holding AG (4.55), greater than Septerna, Inc. (6.53),
| Company | Current Ratio | Market cap |
|---|---|---|
| 5.35 | $1.39B | |
| 1.78 | $1.31B | |
| 2.23 | $1.05B | |
| 5.34 | $1.30B | |
| 13.33 | $923.07M | |
| 8.68 | $1.20B | |
| 3.30 | $939.13M | |
| 4.14 | $1.14B | |
| 4.55 | $1.03B | |
| 6.53 | $1.17B |
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What is the 3-year average Current Ratio for Rapport Therapeutics, Inc. Common Stock (RAPP)?
What is the 5-year average Current Ratio for Rapport Therapeutics, Inc. Common Stock (RAPP)?
How does the current Current Ratio for Rapport Therapeutics, Inc. Common Stock (RAPP) compare to its historical average?