Alterity Therapeutics Limited (ATHE) Stock
Alterity Therapeutics Limited, an Australian biopharmaceutical firm, focuses on the discovery and development of novel drug treatments for various neurological disorders, such as Alzheimer's, Huntington's, and Parkinson's diseases. Its prominent experimental therapy, ATH434, has completed Phase I clinical trials targeting Parkinson's disease.
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About Alterity Therapeutics Limited
Alterity Therapeutics Limited, an Australian biopharmaceutical firm, focuses on the discovery and development of novel drug treatments for various neurological disorders, such as Alzheimer's, Huntington's, and Parkinson's diseases. Its prominent experimental therapy, ATH434, has completed Phase I clinical trials targeting Parkinson's disease. The company is also advancing PBT2, a compound that has successfully undergone Phase IIa clinical testing for Alzheimer's disease. Established in 1997, the entity was formerly known as Prana Biotechnology Limited before rebranding to Alterity Therapeutics Limited in April 2019, and its main operations are based in Melbourne, Australia.
Alterity Therapeutics Limited is headquartered in AU.
Alterity Therapeutics Limited (ATHE) stock trades at $4.70 with a market capitalization of $42.60M. The stock is valued at a price-to-earnings (P/E) ratio of -6.89, price-to-book of 2.12, price-to-sales of 32.06. Over the past 52 weeks the stock has ranged between $2.66 and $7.00, and currently trades 32.9% below its 52-week high.
On profitability, Alterity Therapeutics Limited generates a return on equity (ROE) of -30.19%, return on capital employed of -37.08%, an operating margin of -525.58%, a net profit margin of -380.65%.
Official website: alteritytherapeutics.com