Gain Therapeutics, Inc.

Gain Therapeutics, Inc.verified

GANX

Price:

$1.47

Market Cap:

$37.54M

Gain Therapeutics, Inc., a biotechnology company, engages in developing various therapies to treat diseases caused by protein misfolding. It focuses on rare genetic diseases and neurological disorders. The company uses its Site-Directed Enzyme Enhancement Therapy platform to discover allosteric sites on misfolded proteins and identify proprietary small molecules that bind these sites, restore protein folding, and treat disease. It is developing structurally targeted allosteric regulator candidates to treat various diseases, including Morquio B, GM1 gangliosidosis (GM1), neuronopathic Gaucher disease, GBA1 Parkinson's, Krabbe, and Mucopolysaccharidosis type 1 diseases. The company was founded...[Read more]

Industry

Biotechnology

IPO Date

2021-03-19

Stock Exchange

NASDAQ

Ticker

GANX

The Current Ratio as of September 2024 (TTM) for Gain Therapeutics, Inc. (GANX) is 2.84

According to Gain Therapeutics, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 2.84. This represents a change of -1.16% compared to the average of 2.88 of the last 4 quarters.

Gain Therapeutics, Inc. (GANX) Historical Current Ratio (quarterly & annually)

How has GANX Current Ratio performed in the past?

The mean historical Current Ratio of Gain Therapeutics, Inc. over the last ten years is 4.86. The current 2.84 Current Ratio has changed 5.75% with respect to the historical average. Over the past ten years (40 quarters), GANX's Current Ratio was at its highest in in the March 2021 quarter at 20.37. The Current Ratio was at its lowest in in the March 2018 quarter at 0.

Quarterly (TTM)
Annual

Average

4.86

Median

3.92

Minimum

0.49

Maximum

14.78

Gain Therapeutics, Inc. (GANX) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Gain Therapeutics, Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 769.77%

Maximum Annual Current Ratio = 14.78

Minimum Annual Increase = -65.40%

Minimum Annual Current Ratio = 0.49

Quarterly (TTM)
Annual
YearCurrent RatioChange
20233.59-29.75%
20225.11-65.40%
202114.78247.73%
20204.25769.77%
20190.49-47.57%

Gain Therapeutics, Inc. (GANX) Average Current Ratio

How has GANX Current Ratio performed in the past?

The current Current Ratio of Gain Therapeutics, Inc. (GANX) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

7.83

5-year avg

5.64

10-year avg

4.86

Gain Therapeutics, Inc. (GANX) Current Ratio vs. Peers

How is GANX’s Current Ratio compared to its peers?

Gain Therapeutics, Inc.’s Current Ratio is greater than BioVie Inc. (2.45), greater than IN8bio, Inc. (2.66), less than NewAmsterdam Pharma Company N.V. (9.83), greater than Cue Biopharma, Inc. (2.06), greater than TFF Pharmaceuticals, Inc. (1.63), less than aTyr Pharma, Inc. (6.07), less than Lantern Pharma Inc. (7.67), less than Eliem Therapeutics, Inc. (0), less than Inhibrx, Inc. (60.41), less than Merrimack Pharmaceuticals, Inc. (6.20), less than Celcuity Inc. (10.78), less than Enliven Therapeutics, Inc. (14.95), less than Molecular Partners AG (14.39), less than MediciNova, Inc. (14.58), less than Anebulo Pharmaceuticals, Inc. (18.24), less than Champions Oncology, Inc. (5.32), greater than Cyteir Therapeutics, Inc. (0.69), less than null (21.89),

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