|Bid||166.32 x 800|
|Ask||166.91 x 900|
|Day's Range||165.05 - 190.00|
|52 Week Range||38.82 - 325.98|
|Beta (3Y Monthly)||3.56|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||323.00|
Conshohocken pharmaceutical company Madrigal presented positive midstage testing results of its NASH therapy at medical conference in San Francisco on Monday.
-- Statistically significantly more NASH resolution in MGL-3196 as compared with placebo in a Phase 2 clinical trial support MGL-3196 as a first- and potentially best-in class.
CONSHOHOCKEN, Pa., Nov. 06, 2018 -- Madrigal Pharmaceuticals, Inc. (NASDAQ:MDGL) today announced its third quarter 2018 financial results and described upcoming clinical.
Madrigal Pharmaceuticals (MDGL) is currently studying the thyroid hormone receptor-β (or THR) agonist, MGL-3196, in Phase 2 trials, in nonalcoholic steatohepatitis (or NASH) and familial hypercholesterolemia (or FH)/dyslipidemia indications. The company is studying another investigational THR-β agonist, MGL-3745, in preclinical studies in NASH and syslipidemia/FH indications.
On October 15, Madrigal Pharmaceuticals (MDGL) closed at $189.18, which was 1.28% lower than its previous closing price on October 12. Madrigal Pharmaceuticals stock price had a solid run in the first week of June.
NEW YORK,, Oct. 19, 2018 -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors,.
In October, of the nine analysts covering Madrigal Pharmaceuticals (MDGL), six have given its stock “buy” or higher ratings, and three have given it “hold” ratings. The mean rating for Madrigal stock is 2.11, and its target price is $322.86, implying an upside potential of 53.7% over its closing price of $210.08 on October 2. In comparison, peers Endocyte (ECYT) and Seattle Genetics (SGEN) have mean ratings of 1.25 and 2.15, respectively, and target prices of $23.33 and $86.09, respectively.
Madrigal Pharmaceuticals (MDGL) is a clinical-stage pharmaceutical company focused on developing drugs in cardiovascular, metabolic, and liver diseases. Its lead compound, MGL-3196, is being developed for the treatment of nonalcoholic steatohepatitis (or NASH) and indications in dyslipidemia. Madrigal is conducting an open-label extension study of 31 NASH patients.
Nonalcoholic steatohepatitis (or NASH) focused stocks have been garnering more investor interest so far in 2018. In this series, we’ll analyze three companies with focused NASH pipelines: Intercept Pharmaceuticals (ICPT), Viking Therapeutics (VKTX), and Madrigal Pharmaceuticals (MDGL).
The stars are aligning for several biotech stocks. Most often occurring in obese or glucose-intolerant people, Nonalcoholic Steatohepatitis or NASH is quickly increasing in prevalence. For those nations with fatty diets, the prevalence of NASH are estimated to be as much as 20% of the total population.
NEW YORK, NY / ACCESSWIRE / September 19, 2018 / U.S. markets closed up Tuesday on the strength of upbeat corporate earnings and strong economic data. On Tuesday, China announced tariffs of between 5 to ...
The two companies are developing nonalcoholic steatohepatitis therapies that work similarly, and each has reported impressive mid-stage trial results.
Viking Therapeutics Inc. stock rocketed 140% in premarket trade Tuesday, after the company reported positive results in a mid-stage trial of a treatment for non-alcoholic fatty liver disease, or NAFLD. The San Diego-based biotech said the Phase 2 trial of VK2809, its novel liver-selective thyroid receptor beta agonist, in patients NAFLD and elevated low-density lipoprotein cholesterol met its primary goal of reducing LDL-C compared with placebo. It also met its secondary endpoint of showing significant reductions in liver fat content. Madrigal Pharmaceuticals Inc. , a rival company working on the same class of drug, had shares drop 12.5% in premarket trade. Viking shares have gained 156% in 2018 through Monday, while the S&P 500 has gained 8%.
On August 6, Intercept Pharmaceuticals’ (ICPT) stock price grew ~17.94% to $114.71—compared to the previous day’s closing price of $97.26. On August 6, Intercept Pharmaceuticals’ stock price closed at $114.71, which represents ~125% growth from its 52-week low of $51.05 on February 9.
Madrigal Pharmaceuticals Inc (NASDAQ: MDGL ) is positioned to dominate a “ blockbuster market,” according to Goldman Sachs. But while the bank believes in the biotech’s longer-term prospects, it sees no ...