NASDAQ: THRD
Third Harmonic Bio Inc Stock

$5.79-0.05 (-0.86%)
Updated Jan 23, 2025
THRD Price
$5.79
Fair Value Price
$6.69
Market Cap
$260.89M
52 Week Low
$5.60
52 Week High
$16.94
P/E
-6.03x
P/B
0.88x
P/S
N/A
PEG
N/A
Dividend Yield
N/A
Revenue
$0.00
Earnings
-$39.20M
Gross Margin
N/A
Operating Margin
N/A
Profit Margin
N/A
Debt to Equity
0.03
Operating Cash Flow
-$29M
Beta
0.98
Next Earnings
N/A
Ex-Dividend
N/A
Next Dividend
N/A

THRD Overview

Third Harmonic Bio, Inc., a clinical-stage biopharmaceutical company, focuses on the development of the medicine for the treatment of allergic and inflammatory diseases. It develops THB001, an oral small-molecule KIT inhibitor for the treatment of chronic urticaria, a dermatologic disease driven by mast cell activation that results in red, itchy, painful welts, or hives, as well as for airway and gastrointestinal tract indications. The company was formerly known as Project IGE, Inc. and changed its name to Third Harmonic Bio, Inc. in June 2019. Third Harmonic Bio, Inc. was founded in 2019 and is headquartered in Cambridge, Massachusetts.

Zen Rating

Our proven quant model uses 115 proprietary factors, including AI, to determine THRD's potential to beat the market

DSell
  • Stocks with a Zen Rating of Sell (D) had an average loss of -4.50% per year. Learn More

Zen Rating Component Grades

C
Value
C
Growth
C
Momentum
D
Sentiment
C
Safety
C
Financials
C
Artificial Intelligence
Zen Rating uses advanced AI algorithms that detect subtle patterns in market data; it anticipates future trends that point to superior stock price results.

Industry: Biotech

Industry Rating
F
THRD
Ranked
#449 of 556

Top Ranked Stocks in Industry

View Top Biotech Stocks

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THRD News

Overview

Due Diligence Score

Industry Average (23)
You've viewed Due Diligence Score for 10/10 free stocks. Upgrade to Premium to see how THRD scored across 33 valuation, financial, forecast, performance, and dividend due diligence checks.

Due Diligence Checks

THRD ($5.79) is undervalued by 13.42% relative to our estimate of its Fair Value price of $6.69 based on Discounted Cash Flow (DCF) modelling, but does not have a significant margin of safety
Below Fair Value Valuation
THRD ($5.79) is not significantly undervalued (13.42%) relative to our estimate of its Fair Value price of $6.69 based on Discounted Cash Flow (DCF) modelling, when including a healthy margin of safety
Significantly Below Fair Value Valuation
THRD is unprofitable, so we... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation
There are 30 more THRD due diligence checks available for Premium users.

Valuation

THRD fair value

Fair Value of THRD stock based on Discounted Cash Flow (DCF)

Price
$5.79
Fair Value
$6.69
Undervalued by
13.42%
THRD ($5.79) is undervalued by... subscribe to Premium to read more.
Below Fair Value Valuation
THRD ($5.79) is not significantly... subscribe to Premium to read more.
Significantly Below Fair Value Valuation
THRD is unprofitable, so we... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation

THRD price to earnings (PE)

For valuing profitable companies with steady earnings

Company
-6.03x
Industry
-205.94x
Market
30.03x

THRD price to book (PB)

For valuing companies that are loss-making or have lots of physical asset

Company
0.88x
Industry
4.95x
THRD is good value based... subscribe to Premium to read more.
P/B vs Industry Valuation

THRD's financial health

Profit margin

Revenue
$0.0
Net Income
-$13.8M
Profit Margin
0%
THRD's cash and short-term investments... subscribe to Premium to read more.
Interest Coverage Financials

Assets to liabilities

Assets
$304.5M
Liabilities
$9.6M
Debt to equity
0.03
THRD's short-term assets ($300.23M) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
THRD's short-term assets ($300.23M) exceed... subscribe to Premium to read more.
Long-term Liabilities Financials
THRD's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
-$8.2M
Investing
$0.0
Financing
$48.9M
THRD's cash and short-term investments... subscribe to Premium to read more.
Debt Coverage Financials

THRD vs Biotech Stocks

TickerZen RatingMarket Cap1d %P/EP/B
THRDD$260.89M-0.86%-6.03x0.88x
AVIRC$261.84M-0.64%-1.50x0.57x
CCCCD$264.00M+0.81%-2.20x1.09x
VNDA$257.72M+1.61%-15.24x0.48x
SLN$255.18M-0.37%N/A2.08x

Third Harmonic Bio Stock FAQ

What is Third Harmonic Bio's quote symbol?

(NASDAQ: THRD) Third Harmonic Bio trades on the NASDAQ under the ticker symbol THRD. Third Harmonic Bio stock quotes can also be displayed as NASDAQ: THRD.

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

What is the 52 week high and low for Third Harmonic Bio (NASDAQ: THRD)?

(NASDAQ: THRD) Third Harmonic Bio's 52-week high was $16.94, and its 52-week low was $5.60. It is currently -65.82% from its 52-week high and 3.43% from its 52-week low.

How much is Third Harmonic Bio stock worth today?

(NASDAQ: THRD) Third Harmonic Bio currently has 45,058,413 outstanding shares. With Third Harmonic Bio stock trading at $5.79 per share, the total value of Third Harmonic Bio stock (market capitalization) is $260.89M.

Third Harmonic Bio stock was originally listed at a price of $18.00 in Sep 16, 2022. If you had invested in Third Harmonic Bio stock at $18.00, your return over the last 2 years would have been -67.83%, for an annualized return of -43.28% (not including any dividends or dividend reinvestments).

How much is Third Harmonic Bio's stock price per share?

(NASDAQ: THRD) Third Harmonic Bio stock price per share is $5.79 today (as of Jan 23, 2025).

What is Third Harmonic Bio's Market Cap?

(NASDAQ: THRD) Third Harmonic Bio's market cap is $260.89M, as of Jan 24, 2025.

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

Third Harmonic Bio's market cap is calculated by multiplying THRD's current stock price of $5.79 by THRD's total outstanding shares of 45,058,413.
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