Logo image of SRNE

SORRENTO THERAPEUTICS INC (SRNE) Stock Price, Quote, News and Overview

NASDAQ:SRNE - Nasdaq - US83587F2020 - Common Stock - Currency: USD

0.3073  -0.08 (-20.26%)

After market: 0.2801 -0.03 (-8.85%)

SRNE Quote, Performance and Key Statistics

SORRENTO THERAPEUTICS INC

NASDAQ:SRNE (2/22/2023, 8:27:19 PM)

After market: 0.2801 -0.03 (-8.85%)

0.3073

-0.08 (-20.26%)

Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
GICS IndustryGroupPharmaceuticals, Biotechnology & Life Sciences
GICS SubIndustryBiotechnology
Statistics
52 Week High3.09
52 Week Low0.16
Market Cap145.01M
Shares471.88M
Float462.88M
Yearly DividendN/A
Dividend YieldN/A
PEN/A
Fwd PEN/A
Earnings (Next)N/A N/A
IPO01-19 2007-01-19


SRNE short term performance overview.The bars show the price performance of SRNE in the last week, last 2 weeks, last month, last 3 and 6 months. 1 week 2 week 1 month 3 months 6 months 0 50 -50

SRNE long term performance overview.The bars show the price performance of SRNE in the last 1, 2 and 3 years. 1 year 2 years 3 years -20 -40 -60 -80

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

SORRENTO THERAPEUTICS INC / SRNE Daily stock chart

SRNE Competitors/Peers

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ONC BEIGENE LTD-ADR N/A 27.25B
NTRA NATERA INC N/A 21.43B
BIIB BIOGEN INC 8.54 20.49B
SMMT SUMMIT THERAPEUTICS INC N/A 16.31B

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

SORRENTO THERAPEUTICS INC

4955 Directors Place

San Diego CALIFORNIA 92121 US

CEO: Henry Ji

Employees: 799

Company Website: https://sorrentotherapeutics.com/

Phone: 18582034100.0

SORRENTO THERAPEUTICS INC / SRNE FAQ

What is the stock price of SORRENTO THERAPEUTICS INC today?

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


What is the ticker symbol for SORRENTO THERAPEUTICS INC stock?

The exchange symbol of SORRENTO THERAPEUTICS INC is SRNE and it is listed on the Nasdaq exchange.


On which exchange is SRNE stock listed?

SRNE stock is listed on the Nasdaq exchange.


What is the price forecast or stock price prediction for SORRENTO THERAPEUTICS INC 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. Check the SORRENTO THERAPEUTICS INC stock analysts ratings, price target forecast and up-and down grades for more detailed information.


What is SORRENTO THERAPEUTICS INC worth?

SORRENTO THERAPEUTICS INC (SRNE) has a market capitalization of 145.01M USD. This makes SRNE a Micro Cap stock.


How many employees does SORRENTO THERAPEUTICS INC have?

SORRENTO THERAPEUTICS INC (SRNE) currently has 799 employees.


Is SORRENTO THERAPEUTICS INC (SRNE) expected to grow?

The Revenue of SORRENTO THERAPEUTICS INC (SRNE) is expected to grow by 3.85% in the next year. Check the estimates tab for more information on the SRNE EPS, Sales, EBIT and EBITDA future analyst estimates.


Should I buy SORRENTO THERAPEUTICS INC (SRNE) stock?

There is no straightforward answer here. It depends on your investment strategy as different types of investors will look at different aspects. In any case it is important to make an informed decision and these pages can help you forming an opinion:


Does SORRENTO THERAPEUTICS INC (SRNE) stock pay dividends?

SRNE does not pay a dividend.


What is the Price/Earnings (PE) ratio of SORRENTO THERAPEUTICS INC (SRNE)?

SORRENTO THERAPEUTICS INC (SRNE) does not have a PE ratio as the earnings reported over the last twelve months were negative (-1.43).


What is the Short Interest ratio of SORRENTO THERAPEUTICS INC (SRNE) stock?

The outstanding short interest for SORRENTO THERAPEUTICS INC (SRNE) is 0.79% of its float. Check the ownership tab for more information on the SRNE short interest.


SRNE Technical Analysis


Chartmill TA Rating
Chartmill Setup Rating

SRNE Fundamental Analysis

ChartMill assigns a fundamental rating of 2 / 10 to SRNE. SRNE may be in some trouble as it scores bad on both profitability and health.


Chartmill FA Analysis
Valuation
Growth
Profitability
Health
Dividend

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.


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 and Analysts

ChartMill assigns a Buy % Consensus number of 82% to SRNE. The Buy consensus is the average rating of analysts ratings from 9 analysts.

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


Ownership
Inst Owners0.02%
Ins Owners2.72%
Short Float %0.79%
Short Ratio0.09
Analysts
Analysts82.22
Price Target7.82 (2444.74%)
EPS Next Y15.83%
Revenue Next Year3.85%