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NASDAQ: PRME
Prime Medicine Inc Stock

$12.30+0.02 (+0.16%)
Updated Mar 31, 2023
PRME Price
$12.30
Fair Value Price
N/A
Market Cap
$1.20B
52 Week Low
$11.07
52 Week High
$21.73
P/E
-2.94x
P/B
3.78x
P/S
N/A
PEG
N/A
Dividend Yield
N/A
Revenue
$0.00
Earnings
-$121.82M
Gross Margin
N/A
Operating Margin
N/A
Profit Margin
N/A
Debt to Equity
0.14
Operating Cash Flow
-$132M
Beta
1.41
Next Earnings
N/A
Ex-Dividend
N/A
Next Dividend
N/A

PRME Overview

Prime Medicine, Inc., a biotechnology company, delivers genetic therapies to address diseases by deploying gene editing technology. It offers Prime Editors with a Prime Editor protein, comprising a fusion between a Cas protein and a reverse transcriptase enzyme; and a pegRNA, which targets the Prime Editor to a specific genomic location and provides a template for making the desired edit to the target DNA sequence. The company was incorporated in 2019 and is headquartered in Cambridge, Massachusetts.

Zen Score

Industry Average (25)
You've viewed Zen Score for 10/10 free stocks. Upgrade to Premium to see how PRME scored across 33 valuation, financial, forecast, performance, and dividend due diligence checks.

Due Diligence Checks

PRME is unprofitable, so we are unable to calculate its intrinsic value according to an updated version of Benjamin Graham's Formula from "The Intelligent Investor"
Below Benjamin Graham Formula Value Valuation
PRME is good value based on its book value relative to its share price (3.78x), compared to the US Biotechnology industry average (4.98x)
P/B vs Industry Valuation
PRME is unprofitable, so we... subscribe to Premium to read more.
PEG Value Valuation
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PRME News

Valuation

PRME fair value

Fair Value of PRME stock based on Discounted Cash Flow (DCF)
Price
$12.30
Fair Value
$18.68
Undervalued by
34.16%
PRME is unprofitable, so we... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation

PRME price to earnings (PE)

For valuing profitable companies with steady earnings
Company
-2.94x
Industry
18.64x
Market
22.13x

PRME price to book (PB)

For valuing companies that are loss-making or have lots of physical asset
Company
3.78x
Industry
4.98x
PRME is good value based... subscribe to Premium to read more.
P/B vs Industry Valuation

PRME's financial health

Profit margin

Revenue
$0.0
Net Income
-$39.3M
Profit Margin
0%
PRME's cash and short-term investments... subscribe to Premium to read more.
Interest Coverage Financials

Assets to liabilities

Assets
$360.3M
Liabilities
$44.0M
Debt to equity
0.14
PRME's short-term assets ($296.62M) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
PRME's short-term assets ($296.62M) exceed... subscribe to Premium to read more.
Long-term Liabilities Financials
PRME's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
-$30.7M
Investing
-$13.7M
Financing
$184.1M
PRME's cash and short-term investments... subscribe to Premium to read more.
Debt Coverage Financials

PRME vs Biotech Stocks

TickerMarket Cap1d %P/EP/B
PRME$1.20B+0.16%-2.94x3.78x
SCLX$1.20B+6.36%-48.24x32.99x
PTGX$1.18B+2.27%-8.85x5.47x
KROS$1.22B+1.35%-10.29x4.39x
DCPH$1.17B+2.86%-6.52x3.43x

Prime Medicine Stock FAQ

What is Prime Medicine's quote symbol?

NASDAQ: PRME) Prime Medicine trades on the NASDAQ under the ticker symbol PRME. Prime Medicine stock quotes can also be displayed as NASDAQ: PRME.

If you're new to stock investing, here's how to buy Prime Medicine stock.

What is the 52 week high and low for Prime Medicine (NASDAQ: PRME)?

(NASDAQ: PRME) Prime Medicine's 52-week high was $21.73, and its 52-week low was $11.07. It is currently -43.4% from its 52-week high and 11.11% from its 52-week low.

How much is Prime Medicine's stock price per share?

(NASDAQ: PRME) Prime Medicine stock price per share is $12.30 today (as of Mar 31, 2023).

What is Prime Medicine's Market Cap?

(NASDAQ: PRME) Prime Medicine's market cap is $1.20B, as of Apr 1, 2023.

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

Prime Medicine's market cap is calculated by multiplying PRME's current stock price of $12.30 by PRME's total outstanding shares of 97,245,827.
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