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NASDAQ: SKYE
Skye Bioscience Inc Stock

$13.00+0.00 (+0%)
Updated Apr 29, 2024
SKYE Price
$13.00
Fair Value Price
N/A
Market Cap
N/A
52 Week Low
$11.04
52 Week High
$17.65
P/E
-2.42x
P/B
N/A
P/S
N/A
PEG
N/A
Dividend Yield
N/A
Revenue
$0.00
Earnings
-$37.64M
Gross Margin
N/A
Operating Margin
N/A
Profit Margin
N/A
Debt to Equity
-6.6
Operating Cash Flow
-$14M
Beta
78.48
Next Earnings
Jun 5, 2024
Ex-Dividend
N/A
Next Dividend
N/A

SKYE Overview

Skye Bioscience, Inc., a biopharmaceutical company, discovers, develops, and commercializes cannabinoid-based molecules for the treatment of infectious diseases. The company's lead product candidate is SBI-100, which is in Phase I trials for the treatment of glaucoma and ocular hypertension. It is also developing SBI-200 that is in preclinical trials to treat and manage various eye diseases, including uveitis, dry eye syndrome, macular degeneration and diabetic retinopathy. The company was formerly known as Emerald Bioscience, Inc. and changed its name to Skye Bioscience, Inc. in January 2021. Skye Bioscience, Inc. was founded in 2012 and is headquartered in San Diego, California.

Zen Score

Industry Average (23)
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Due Diligence Checks

SKYE 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
SKYE is unprofitable, so we are unable to assess its PEG ratio
PEG Value Valuation
SKYE's cash and short-term investments... subscribe to Premium to read more.
Interest Coverage Financials
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SKYE News

Valuation

SKYE price to earnings (PE)

For valuing profitable companies with steady earnings
Company
-2.42x
Industry
14.39x
Market
41.44x

SKYE's financial health

Profit margin

Revenue
$0.0
Net Income
-$4.4M
Profit Margin
0%
SKYE's cash and short-term investments... subscribe to Premium to read more.
Interest Coverage Financials

Assets to liabilities

Assets
$11.9M
Liabilities
$14.1M
Debt to equity
-6.6
SKYE's short-term liabilities ($13.90M) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
SKYE's short-term assets ($11.65M) exceed... subscribe to Premium to read more.
Long-term Liabilities Financials
SKYE's debt relative to shareholder... subscribe to Premium to read more.
Shrinking Debt Financials
SKYE's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
-$3.8M
Investing
-$7.0k
Financing
-$22.7k
SKYE's cash and short-term investments... subscribe to Premium to read more.
Debt Coverage Financials

SKYE vs Biotech Stocks

TickerMarket Cap1d %P/EP/B
ABCL$1.12B+2.13%-7.53x0.98x
ACAD$2.82B+2.33%-46.22x6.53x
ABSI$539.11M+4.37%-3.98x3.06x
ABIO$49.76M-4.19%-8.17x1.42x
ADIL$6.85M+4.97%-0.47x1.68x

Skye Bioscience Stock FAQ

What is Skye Bioscience's quote symbol?

(NASDAQ: SKYE) Skye Bioscience trades on the NASDAQ under the ticker symbol SKYE. Skye Bioscience stock quotes can also be displayed as NASDAQ: SKYE.

If you're new to stock investing, here's how to buy Skye Bioscience stock.

What is the 52 week high and low for Skye Bioscience (NASDAQ: SKYE)?

(NASDAQ: SKYE) Skye Bioscience's 52-week high was $17.65, and its 52-week low was $11.04. It is currently -26.35% from its 52-week high and 17.75% from its 52-week low.

How much is Skye Bioscience's stock price per share?

(NASDAQ: SKYE) Skye Bioscience stock price per share is $13.00 today (as of Apr 29, 2024).

How much is Skye Bioscience stock worth today?

Skye Bioscience stock was originally listed at a price of $7.75 in Jan 6, 2015. If you had invested in Skye Bioscience stock at $7.75, your return over the last 9 years would have been 67.74%, for an annualized return of 5.92% (not including any dividends or dividend reinvestments).
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