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Relmada Therapeutics (RLMD)
NASDAQ:RLMD
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RLMD Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$1.88 - $7.22
Previous Close$3.32
Volume88.93K
Average Volume (3M)191.57K
Market Cap
$103.20M
Enterprise Value$32.76M
Total Cash (Recent Filing)$70.44M
Total Debt (Recent Filing)$0.00
Price to Earnings (P/E)―
Beta2.03
Next Earnings
Nov 07, 2024EPS Estimate
-$0.68Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-2.88
Shares Outstanding30,174,202
10 Day Avg. Volume111,844
30 Day Avg. Volume191,566
Standard Deviation0.23
R-Squared0.00850
Alpha-0.00413
Financial Highlights & Ratios
Price to Book (P/B)1.67
Price to Sales (P/S)N/A
Price to Cash Flow (P/CF)-1.90
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross Profit10.00T>
Enterprise Value/Ebitda-0.86
Forecast
1Y Price Target
$11.50Price Target Upside238.24% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering3
Relmada Therapeutics News
PremiumCompany Announcements
Relmada Therapeutics Inc. Reports Q3 2024 Financial Results
Bulls Say, Bears Say
Bulls Say
Clinical TrialsManagement's optimizations in site and patient selections for the RELIANCE II and Relight Phase 3 trials increase the likelihood of positive outcomes.
EarningsRelmada reported a better-than-expected GAAP EPS of -$0.59 (vs -$0.79. Mizuho/-$0.83 Cons) for 2Q24.
Financial PerformanceAs of June 30, the company had ~$70M in cash, which management believes is enough to fund operations through key milestones into 2025.
Bears Say
Analyst DowngradeAnalyst downgrades RLMD from Neutral to Sell and lowers the 12-month price target to $2 from $3 due to increased risk associated with the Ph3 RELIANCE II trial.
Psychiatrist HesitationKey opinion leaders express hesitation to prescribe REL-1017, even if approved, due to lingering concerns over abuse potential.
Trial ExecutionPotential impact from the same trial execution missteps that led to the failure of the two prior Ph3 RELIANCE I and RELIANCE III trials is noted.
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Ownership Overview
2.40% Insiders
7.26% Mutual Funds
4.24% Other Institutional Investors
80.44% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Tech & InnovationRisks related to the company’s reliance on technology and ability to make innovative products
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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RLMD FAQ
What was Relmada Therapeutics’s price range in the past 12 months?
Relmada Therapeutics lowest stock price was $1.88 and its highest was $7.22 in the past 12 months.
What is Relmada Therapeutics’s market cap?
Currently, no data Available
When is Relmada Therapeutics’s upcoming earnings report date?
Relmada Therapeutics’s upcoming earnings report date is Nov 07, 2024 which is 2 days ago.
How were Relmada Therapeutics’s earnings last quarter?
Relmada Therapeutics released its earnings results on Aug 07, 2024. The company reported -$0.59 earnings per share for the quarter, beating the consensus estimate of -$0.828 by $0.238.
Is Relmada Therapeutics overvalued?
According to Wall Street analysts Relmada Therapeutics’s price is currently Undervalued.
Does Relmada Therapeutics pay dividends?
Relmada Therapeutics does not currently pay dividends.
What is Relmada Therapeutics’s EPS estimate?
Relmada Therapeutics’s EPS estimate is -$0.68.
How many shares outstanding does Relmada Therapeutics have?
Relmada Therapeutics has 30,174,202 shares outstanding.
What happened to Relmada Therapeutics’s price movement after its last earnings report?
Relmada Therapeutics reported an EPS of -$0.59 in its last earnings report, beating expectations of -$0.828. Following the earnings report the stock price went down -29.012%.
Which hedge fund is a major shareholder of Relmada Therapeutics?
Among the largest hedge funds holding Relmada Therapeutics’s share is Fortitude Family Office, LLC. It holds Relmada Therapeutics’s shares valued at 756.
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Relmada Therapeutics Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Strong Buy
Average Price Target:
$11.50 (238.24% Upside)
$11.50 (238.24% Upside)
Hedge Fund Trend
Decreased
By 88.0 Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $642.8K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Negative
Last 7 Days ▲ 0.9%
Last 30 Days ▼ 2.9%
Last 30 Days ▼ 2.9%
Technicals
SMA
Negative
20 days / 200 days
Momentum
8.62%
12-Months-Change
Fundamentals
Return on Equity
-100.40%
Trailing 12-Months
Asset Growth
-41.80%
Trailing 12-Months
Company Description
Relmada Therapeutics
Relmada Therapeutics, Inc. is a clinical-stage biotechnology company. It engages in the development of d-methadone receptor antagonist, which is a chemical entity that addresses areas of high unmet medical need in the treatment of central nervous system diseases and other disorders. The company was founded on May 31, 2012 and is headquartered in New York, NY.
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RLMD Earnings Call
Q2 2024
0:00 / 0:00
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RLMD Stock 12 Month Forecast
Average Price Target
$11.50
▲(238.24% Upside)
Technical Analysis
Best Analysts Covering RLMD
1 Year
1 Year Success Rate
9/18 ratings generated profit
1 Year Average Return
-13.03%
reiterated a buy rating 2 months ago
Copying Uy Ear's trades and holding each position for 1 Year would result in 50.00% of your transactions generating a profit, with an average return of -13.03% per trade.
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