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NASDAQ: PASG
Passage Bio Inc Stock

$1.14-0.01 (-0.87%)
Updated Apr 22, 2024
PASG Price
$1.14
Fair Value Price
-$0.08
Market Cap
$63.38M
52 Week Low
$0.58
52 Week High
$1.79
P/E
-0.61x
P/B
0.57x
P/S
N/A
PEG
N/A
Dividend Yield
N/A
Revenue
$0.00
Earnings
-$102.06M
Gross Margin
N/A
Operating Margin
N/A
Profit Margin
N/A
Debt to Equity
0.35
Operating Cash Flow
-$78M
Beta
1.21
Next Earnings
May 9, 2024
Ex-Dividend
N/A
Next Dividend
N/A

PASG Overview

Passage Bio, Inc., a genetic medicines company, develops transformative therapies for central nervous system diseases. It develops PBGM01, which utilizes a proprietary, AAVhu68 capsid to deliver to the brain and peripheral tissues a functional GLB1 gene encoding lysosomal acid beta-galactosidase for infantile GM1; PBFT02, which utilizes an AAV1 capsid to deliver to the brain a functional granulin (GRN) and gene encoding progranulin (PGRN) for the treatment of FTD-GRN; and PBKR03, which utilizes a proprietary, AAVhu68 capsid to deliver to the brain and peripheral tissues a functional GALC gene encoding the hydrolytic enzyme galactosylceramidase for infantile Krabbe disease. The company also develops PBML04 for the treatment of metachromatic leukodystrophy; PBAL05 for the treatment of amyotrophic lateral sclerosis; and PBCM06 for the treatment of Charcot-Marie-Tooth Type 2A. Passage Bio, Inc. has a strategic research collaboration with the Trustees of the University of Pennsylvania's Gene Therapy Program; and collaboration agreement, and a development services and clinical supply agreement with Catalent Maryland, Inc. The company was incorporated in 2017 and is headquartered in Philadelphia, Pennsylvania.

Zen Score

Industry Average (23)
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Due Diligence Checks

PASG ($1.14) is overvalued by 1,461.12% relative to our estimate of its Fair Value price of -$0.08 based on Discounted Cash Flow (DCF) modelling
Below Fair Value Valuation
PASG ($1.14) is not significantly undervalued (1,461.12%) relative to our estimate of its Fair Value price of -$0.08 based on Discounted Cash Flow (DCF) modelling, when including a healthy margin of safety
Significantly Below Fair Value Valuation
PASG is unprofitable, so we... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation
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PASG News

Valuation

PASG fair value

Fair Value of PASG stock based on Discounted Cash Flow (DCF)
Price
$1.14
Fair Value
-$0.08
Undervalued by
1,461.12%
PASG ($1.14) is overvalued by... subscribe to Premium to read more.
Below Fair Value Valuation
PASG ($1.14) is not significantly... subscribe to Premium to read more.
Significantly Below Fair Value Valuation
PASG is unprofitable, so we... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation

PASG price to earnings (PE)

For valuing profitable companies with steady earnings
Company
-0.61x
Industry
16.21x
Market
41x

PASG price to book (PB)

For valuing companies that are loss-making or have lots of physical asset
Company
0.57x
Industry
5.82x
PASG is good value based... subscribe to Premium to read more.
P/B vs Industry Valuation

PASG's financial health

Profit margin

Revenue
$0.0
Net Income
-$16.8M
Profit Margin
0%
PASG's cash burn is expected... subscribe to Premium to read more.
Interest Coverage Financials

Assets to liabilities

Assets
$150.5M
Liabilities
$39.3M
Debt to equity
0.35
PASG's short-term assets ($117.96M) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
PASG's short-term assets ($117.96M) exceed... subscribe to Premium to read more.
Long-term Liabilities Financials
PASG's debt relative to shareholder... subscribe to Premium to read more.
Shrinking Debt Financials
PASG's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
-$19.5M
Investing
$7.6M
Financing
$46.0k
PASG's cash and short-term investments... subscribe to Premium to read more.
Debt Coverage Financials

PASG vs Biotech Stocks

TickerMarket Cap1d %P/EP/B
PASG$63.38M-0.87%-0.61x0.57x
IKNA$62.74M-2.26%-0.80x0.37x
HCWB$61.65M+6.54%-2.33x4.58x
THTX$61.61M-1.47%-3.25x-3.41x
LTRN$61.44M+7.12%-3.89x1.50x

Passage Bio Stock FAQ

What is Passage Bio's quote symbol?

(NASDAQ: PASG) Passage Bio trades on the NASDAQ under the ticker symbol PASG. Passage Bio stock quotes can also be displayed as NASDAQ: PASG.

If you're new to stock investing, here's how to buy Passage Bio stock.

What is the 52 week high and low for Passage Bio (NASDAQ: PASG)?

(NASDAQ: PASG) Passage Bio's 52-week high was $1.79, and its 52-week low was $0.58. It is currently -36.31% from its 52-week high and 98.26% from its 52-week low.

How much is Passage Bio stock worth today?

(NASDAQ: PASG) Passage Bio currently has 55,598,796 outstanding shares. With Passage Bio stock trading at $1.14 per share, the total value of Passage Bio stock (market capitalization) is $63.38M.

Passage Bio stock was originally listed at a price of $22.20 in Feb 28, 2020. If you had invested in Passage Bio stock at $22.20, your return over the last 4 years would have been -94.86%, for an annualized return of -52.4% (not including any dividends or dividend reinvestments).

How much is Passage Bio's stock price per share?

(NASDAQ: PASG) Passage Bio stock price per share is $1.14 today (as of Apr 22, 2024).

What is Passage Bio's Market Cap?

(NASDAQ: PASG) Passage Bio's market cap is $63.38M, as of Apr 23, 2024.

Market cap (market capitalization) is the total market value of a publicly traded company's outstanding shares.

Passage Bio's market cap is calculated by multiplying PASG's current stock price of $1.14 by PASG's total outstanding shares of 55,598,796.
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