According to Zacks, “Leap Therapeutics, Inc. is a biopharmaceutical company. It develops novel therapeutics for the treatment of cancer. Leap Therapeutics, Inc. is based in Cambridge, United States. “
NASDAQ:LPTX opened at $1.95 on Wednesday. Leap Therapeutics has a 12 month low of $1.35 and a 12 month high of $8.75. The business’s fifty day moving average is $1.69. The company has a quick ratio of 2.77, a current ratio of 2.77 and a debt-to-equity ratio of 0.05. The firm has a market capitalization of $46.59 million, a P/E ratio of -0.78 and a beta of 2.33.
A hedge fund recently raised its stake in Leap Therapeutics stock. FMR LLC raised its position in shares of Leap Therapeutics Inc (NASDAQ:LPTX) by 63.3% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 1,563,124 shares of the company’s stock after acquiring an additional 606,000 shares during the quarter. FMR LLC owned approximately 6.81% of Leap Therapeutics worth $2,923,000 at the end of the most recent quarter. Institutional investors and hedge funds own 9.17% of the company’s stock.
About Leap Therapeutics
Leap Therapeutics, Inc, a biopharmaceutical company, acquires and develops therapies for the treatment of cancer. Its clinical stage programs include DKN-01, a monoclonal antibody that inhibits Dickkopf-related protein 1, which is in Phase I/II clinical trial in patients with esophagogastric, biliary tract, gynecologic, and non-small cell lung cancers, as well as hepatocellular carcinoma, a type of liver cancer.
Recommended Story: Coverage Ratio
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for Leap Therapeutics Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Leap Therapeutics and related companies with MarketBeat.com's FREE daily email newsletter.