Sagimet Biosciences Inc.

Equities

SGMT

US7867001049

Biotechnology & Medical Research

End-of-day quote Nasdaq 18:00:00 2024-07-04 EDT 5-day change 1st Jan Change
2.96 USD +3.86% Intraday chart for Sagimet Biosciences Inc. -13.45% -45.39%

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Goldman Sachs Downgrades Sagimet Biosciences to Neutral From Buy, Cuts Price Target to $6 From $23 MT
Sagimet Biosciences Inc.(NasdaqGM:SGMT) dropped from Russell Small Cap Comp Value Index CI
Sagimet Biosciences Inc.(NasdaqGM:SGMT) dropped from Russell Small Cap Completeness Index CI
Sagimet Biosciences Inc.(NasdaqGM:SGMT) dropped from Russell 3000 Value Index CI
Sagimet Biosciences Inc.(NasdaqGM:SGMT) dropped from Russell 2000 Index CI
Sagimet Biosciences Inc.(NasdaqGM:SGMT) dropped from Russell 3000E Index CI
Sagimet Biosciences Inc.(NasdaqGM:SGMT) dropped from Russell 2500 Growth Index CI
Sagimet Biosciences Inc.(NasdaqGM:SGMT) dropped from Russell 2500 Value Index CI
Sagimet Biosciences Inc.(NasdaqGM:SGMT) dropped from Russell 3000E Growth Index CI
Sagimet Biosciences Inc.(NasdaqGM:SGMT) dropped from Russell 3000 Growth Index CI
Sagimet Biosciences Inc.(NasdaqGM:SGMT) dropped from Russell 2000 Value Index CI
Sagimet Biosciences Inc.(NasdaqGM:SGMT) dropped from Russell 2000 Growth Index CI
Sagimet Biosciences Inc.(NasdaqGM:SGMT) dropped from Russell 2000 Dynamic Index CI
Sagimet Biosciences Inc.(NasdaqGM:SGMT) dropped from Russell Small Cap Comp Growth Index CI
Sagimet Biosciences Inc.(NasdaqGM:SGMT) dropped from Russell 2500 Index CI
Sagimet Biosciences Inc.(NasdaqGM:SGMT) dropped from Russell 3000 Index CI
Sagimet Biosciences Inc.(NasdaqGM:SGMT) dropped from Russell 3000E Value Index CI
Goldman Sachs Downgrades Sagimet Biosciences to Hold From Buy, Price Target at $6 MT
Sagimet Biosciences Says Potential Fatty Liver Disease Drug Meets Endpoints in Phase 2B Trial MT
Exchange-Traded Funds Edge Up, Equity Futures Mixed Pre-Bell Thursday as Investors Await Fresh Data MT
Sagimet Biosciences Inc. Presents Data from ITT and F3 Patient Population in Phase 2b FASCINATE-2 Clinical Trial of Denifanstat at EASL International Liver Congress 2024 CI
Goldman Sachs Adjusts Price Target on Sagimet Biosciences to $23 From $27, Keeps Buy Rating MT
Sagimet Biosciences Inc. Reports Earnings Results for the First Quarter Ended March 31, 2024 CI
Sagimet Biosciences Names Thierry Chauche CFO MT
Sagimet Biosciences Inc. Announces Executive Changes CI
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Sagimet Biosciences Inc. is a clinical-stage biopharmaceutical company. The Company is engaged in developing therapeutics called fatty acid synthase (FASN) inhibitors that target dysfunctional metabolic pathways in diseases resulting from the overproduction of the fatty acid, palmitate. The Company's lead drug candidate, denifanstat, is an oral, once-daily pill and the selective FASN inhibitor in development for the treatment of metabolic dysfunction-associated steatohepatitis (MASH). In addition to MASH, the Company is evaluating denifanstat in acne and in select forms of cancer, disease areas in which dysregulation of fatty acid metabolism also plays a key role. Denifanstat is being tested in a Phase III clinical trial for moderate to severe acne vulgaris, and a Phase III trial for recurrent glioblastoma multiforme (GBM) in combination with bevacizumab.
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More about the company
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
6
Last Close Price
2.96 USD
Average target price
35.8 USD
Spread / Average Target
+1,109.46%
Consensus
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  5. Goldman Sachs Downgrades Sagimet Biosciences to Neutral From Buy, Cuts Price Target to $6 From $23