Sagimet Biosciences Inc.

SGMT

US7867001049

Biotechnology & Medical Research

End-of-day quote Nasdaq Other stock markets 03:30:00 05/07/2024 am IST			5-day change	1st Jan Change
2.96 ^USD	+3.86%		-13.45%	-45.39%

01/07	Goldman Sachs Downgrades Sagimet Biosciences to Neutral From Buy, Cuts Price Target to $6 From $23	MT
01/07	Sagimet Biosciences Inc.(NasdaqGM:SGMT) dropped from Russell Small Cap Comp Value Index	CI

Sagimet Biosciences Inc.(NasdaqGM:SGMT) dropped from Russell Small Cap Comp Value Index

July 01, 2024

Latest news about Sagimet Biosciences Inc.

Goldman Sachs Downgrades Sagimet Biosciences to Neutral From Buy, Cuts Price Target to $6 From $23	01/07	MT
Sagimet Biosciences Inc.(NasdaqGM:SGMT) dropped from Russell Small Cap Comp Value Index	01/07	CI
Sagimet Biosciences Inc.(NasdaqGM:SGMT) dropped from Russell Small Cap Completeness Index	01/07	CI
Sagimet Biosciences Inc.(NasdaqGM:SGMT) dropped from Russell 3000 Value Index	01/07	CI
Sagimet Biosciences Inc.(NasdaqGM:SGMT) dropped from Russell 2000 Index	01/07	CI
Sagimet Biosciences Inc.(NasdaqGM:SGMT) dropped from Russell 3000E Index	01/07	CI
Sagimet Biosciences Inc.(NasdaqGM:SGMT) dropped from Russell 2500 Growth Index	01/07	CI
Sagimet Biosciences Inc.(NasdaqGM:SGMT) dropped from Russell 2500 Value Index	01/07	CI
Sagimet Biosciences Inc.(NasdaqGM:SGMT) dropped from Russell 3000E Growth Index	01/07	CI
Sagimet Biosciences Inc.(NasdaqGM:SGMT) dropped from Russell 3000 Growth Index	01/07	CI
Sagimet Biosciences Inc.(NasdaqGM:SGMT) dropped from Russell 2000 Value Index	01/07	CI
Sagimet Biosciences Inc.(NasdaqGM:SGMT) dropped from Russell 2000 Growth Index	01/07	CI
Sagimet Biosciences Inc.(NasdaqGM:SGMT) dropped from Russell 2000 Dynamic Index	01/07	CI
Sagimet Biosciences Inc.(NasdaqGM:SGMT) dropped from Russell Small Cap Comp Growth Index	01/07	CI
Sagimet Biosciences Inc.(NasdaqGM:SGMT) dropped from Russell 2500 Index	01/07	CI
Sagimet Biosciences Inc.(NasdaqGM:SGMT) dropped from Russell 3000 Index	01/07	CI
Sagimet Biosciences Inc.(NasdaqGM:SGMT) dropped from Russell 3000E Value Index	01/07	CI
Goldman Sachs Downgrades Sagimet Biosciences to Hold From Buy, Price Target at $6	28/06	MT
Sagimet Biosciences Says Potential Fatty Liver Disease Drug Meets Endpoints in Phase 2B Trial	06/06	MT
Exchange-Traded Funds Edge Up, Equity Futures Mixed Pre-Bell Thursday as Investors Await Fresh Data	06/06	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	06/06	CI
Goldman Sachs Adjusts Price Target on Sagimet Biosciences to $23 From $27, Keeps Buy Rating	16/05	MT
Sagimet Biosciences Inc. Reports Earnings Results for the First Quarter Ended March 31, 2024	15/05	CI
Sagimet Biosciences Names Thierry Chauche CFO	06/05	MT
Sagimet Biosciences Inc. Announces Executive Changes	06/05	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.

Sector

Biotechnology & Medical Research

Calendar

19/08/2024 - Q2 2024 Earnings Release (Projected)

Related indices

Russell 2000

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Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

2.96 USD

Average target price

35.8 USD

Spread / Average Target

+1,109.46%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

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