Sagimet Biosciences Inc. (SGMT) stock declined over -3.30%, trading at $4.39 on NASDAQ, down from the previous close of $4.54. The stock opened at $4.52, fluctuating between $4.36 and $4.54 in the recent session.
Sagimet Biosciences Inc., a clinical-stage biopharmaceutical company, develops therapeutics called fatty acid synthase (FASN) inhibitors for the treatment of diseases that result from dysfunctional lipid metabolism pathways. Its lead drug candidate is Denifanstat, a FASN inhibitor for the treatment of nonalcoholic steatohepatitis and acne. The company is also developing TVB-3567, a FASN inhibitor for the treatment of various types of cancers. The company was formerly known as 3-V Biosciences, Inc. and changed its name to Sagimet Biosciences Inc. in August 2019. Sagimet Biosciences Inc. was incorporated in 2006 and is headquartered in San Mateo, California.
Employees | 8 |
Beta | 0 |
Sales or Revenue | N/A |
5Y Sales Change% | 0% |
Fiscal Year Ends | N/A |
Sector | Healthcare |
Industry | Biotechnology |
Sagimet Biosciences Inc. (NASDAQ: SGMT) stock price is $4.39 in the last trading session. During the trading session, SGMT stock reached the peak price of $4.54 while $4.36 was the lowest point it dropped to. The percentage change in SGMT stock occurred in the recent session was -3.3% while the dollar amount for the price change in SGMT stock was -$0.15.
The NASDAQ listed SGMT is part of Biotechnology industry that operates in the broader Healthcare sector. Sagimet Biosciences Inc. designs, manufactures, and markets smartphones, personal computers, tablets, wearables, and accessories worldwide.
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SGMT's closing price is 83.68% higher than its 52-week low of $2.39 where as its distance from 52-week high of $20.71 is -78.8%.
Number of SGMT employees currently stands at 8.
Official Website of SGMT is: https://sagimet.com
SGMT could be contacted at phone 650 561 8600 and can also be accessed through its website. SGMT operates from 155 Bovet Road, San Mateo, CA 94402, United States.
SGMT stock volume for the day was 396.97K shares. The average number of SGMT shares traded daily for last 3 months was 1.49M.
The market value of SGMT currently stands at $134.66M with its latest stock price at $4.39 and 30.67M of its shares outstanding.
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