SORRENTO THERAPEUTICS INC (SRNE) Stock Price & Overview

NASDAQ:SRNEUS83587F2020

Current stock price

0.3073 USD
-0.08 (-20.26%)
At close:
0.2801 USD
-0.03 (-8.85%)
After Hours:

The current stock price of SRNE is 0.3073 USD. Today SRNE is down by -20.26%. In the past month the price decreased by -69.57%. In the past year, price decreased by -88.14%.

SRNE Key Statistics

52-Week Range0.161 - 3.09
Current SRNE stock price positioned within its 52-week range.
1-Month Range0.161 - 1.08
Current SRNE stock price positioned within its 1-month range.
Market Cap
145.009M
P/E
N/A
Fwd P/E
N/A
EPS (TTM)
-1.43
Dividend Yield
N/A

SRNE Stock Performance

Today
-20.26%
1 Week
+55.59%
1 Month
-69.57%
3 Months
-77.24%
Longer-term
6 Months -85.01%
1 Year -88.14%
2 Years N/A
3 Years N/A
5 Years N/A
10 Years N/A

SRNE Stock Chart

SORRENTO THERAPEUTICS INC / SRNE Daily stock chart

SRNE Technical Analysis

ChartMill assigns a technical rating of 0 / 10 to SRNE. When comparing the yearly performance of all stocks, SRNE is a bad performer in the overall market: 99.51% of all stocks are doing better.


Chartmill TA Rating
Chartmill Setup Rating

SRNE Fundamental Analysis

ChartMill assigns a fundamental rating of 2 / 10 to SRNE. SRNE has a bad profitability rating. Also its financial health evaluation is rather negative.


Chartmill FA Analysis
Valuation
Growth
Profitability
Health
Dividend

SRNE Earnings

Next Earnings DateN/A
Last Earnings DateNov 8, 2022
PeriodQ3 / 2022
EPS Reported-$0.20
Revenue Reported
EPS Surprise 23.11%
Revenue Surprise 25.48%

SRNE Forecast & Estimates

9 analysts have analysed SRNE and the average price target is 7.82 USD. This implies a price increase of 2444.75% is expected in the next year compared to the current price of 0.3073.

For the next year, analysts expect an EPS growth of 15.83% and a revenue growth 3.85% for SRNE


Analysts
Analysts82.22
Price Target7.82 (2444.74%)
EPS Next Y15.83%
Revenue Next Year3.85%

SRNE Groups

Sector & Classification

Sub-Industry
Biotechnology
Index Membership

SRNE Financial Highlights

Over the last trailing twelve months SRNE reported a non-GAAP Earnings per Share(EPS) of -1.43. The EPS decreased by -20.17% compared to the year before.


Income Statements
Revenue(TTM)60.32M
Net Income(TTM)-493.57M
Industry RankSector Rank
PM (TTM) N/A
ROA N/A
ROE N/A
Debt/Equity 0.14
Chartmill High Growth Momentum
EPS Q2Q%50%
Sales Q2Q%44.25%
EPS 1Y (TTM)-20.17%
Revenue 1Y (TTM)-8.08%

SRNE Ownership

Ownership
Inst Owners0.02%
Shares471.88M
Float462.88M
Ins Owners2.72%
Short Float %0.76%
Short Ratio0.09

About SRNE

Company Profile

SRNE logo image Sorrento Therapeutics, Inc. engages in the research, development and manufacture of biopharmaceutical products. The company is headquartered in San Diego, California and currently employs 799 full-time employees. The company went IPO on 2007-01-19. The Company’s segments include Sorrento Therapeutics and Scilex. Sorrento Therapeutics segment is organized around Immune-Oncology therapeutic area, leveraging its G-MAB antibody library and targeted delivery modalities to generate cancer therapeutics. The Scilex segment is largely organized around its non-opioid pain management operations. The Company’s immuno-oncology platforms, including key assets such as fully human antibodies (G-MAB library), clinical- stage immuno-cellular therapies (CAR-T, DAR-T), antibody-drug conjugates (ADCs) and clinical-stage oncolytic virus (Seprehvir). The firm is also developing potential antiviral therapies and vaccines against coronaviruses, including Abivertinib, COVI-AMG, COVISHIELD, COVI-MSC and COVIDROPS, and diagnostic test solutions, including COVITRACK and COVISTIX.

Company Info

IPO: 2007-01-19

SORRENTO THERAPEUTICS INC

4955 Directors Place

San Diego CALIFORNIA 92121 US

CEO: Henry Ji

Employees: 799

SRNE Company Website

Phone: 18582034100.0

SORRENTO THERAPEUTICS INC / SRNE FAQ

What does SORRENTO THERAPEUTICS INC do?

Sorrento Therapeutics, Inc. engages in the research, development and manufacture of biopharmaceutical products. The company is headquartered in San Diego, California and currently employs 799 full-time employees. The company went IPO on 2007-01-19. The Company’s segments include Sorrento Therapeutics and Scilex. Sorrento Therapeutics segment is organized around Immune-Oncology therapeutic area, leveraging its G-MAB antibody library and targeted delivery modalities to generate cancer therapeutics. The Scilex segment is largely organized around its non-opioid pain management operations. The Company’s immuno-oncology platforms, including key assets such as fully human antibodies (G-MAB library), clinical- stage immuno-cellular therapies (CAR-T, DAR-T), antibody-drug conjugates (ADCs) and clinical-stage oncolytic virus (Seprehvir). The firm is also developing potential antiviral therapies and vaccines against coronaviruses, including Abivertinib, COVI-AMG, COVISHIELD, COVI-MSC and COVIDROPS, and diagnostic test solutions, including COVITRACK and COVISTIX.


Can you provide the latest stock price for SORRENTO THERAPEUTICS INC?

The current stock price of SRNE is 0.3073 USD. The price decreased by -20.26% in the last trading session.


Does SORRENTO THERAPEUTICS INC pay dividends?

SRNE does not pay a dividend.


What is the ChartMill rating of SORRENTO THERAPEUTICS INC stock?

SRNE has a ChartMill Technical rating of 0 out of 10 and a ChartMill Fundamental rating of 2 out of 10.


What is the analyst forecast for SRNE stock?

9 analysts have analysed SRNE and the average price target is 7.82 USD. This implies a price increase of 2444.75% is expected in the next year compared to the current price of 0.3073.


Is SORRENTO THERAPEUTICS INC (SRNE) stock a good buy?

This depends on your investment goals. Check the Technical and Fundamental Analysis tabs for insights on SRNE.


Can you provide the number of employees for SORRENTO THERAPEUTICS INC?

SORRENTO THERAPEUTICS INC (SRNE) currently has 799 employees.