Added to YB: 2024-01-25
Pitch date: 2024-01-25
AVRO [bullish]
AVROBIO, Inc.
+3.7%
current return
Author Info
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Company Info
As of June 20, 2024, AVROBIO, Inc. was acquired by Tectonic Therapeutic, Inc., in a reverse merger transaction.
Market Cap
$62.9M
Pitch Price
$16.20
Price Target
1.60 (-90%)
Dividend
N/A
EV/EBITDA
0.58
P/E
2.08
EV/Sales
N/A
Sector
Biotechnology
Category
special_situation
Show full summary:
Quick Idea - Avrobio ($AVRO)
AVRO: Reopening trade after quick 20% gain. Q3 cash burn $11M excl. one-offs. Expect Q4 burn $4-8M, then ≤$5M/qtr. Liquidation value ≥$1.6/share assuming IP worthless. Bought at $1.33.
Read full article (1 min)