Orchestra BioMed Holdings, Inc.: Financial Report Shows Revenue Struggles

Terry Bingman
Photo: Finoracle.net

Orchestra BioMed Holdings, Inc. (OBIO)

Company Profile:

  • Orchestra BioMed Holdings, Inc. is a biomedical innovation company in the healthcare sector.
  • The company is based in New Hope, Pennsylvania and operates in the biotechnology industry.
  • Its flagship product candidates include BackBeat Cardiac Neuromodulation Therapy (CNT) for the treatment of hypertension, and Virtue Sirolimus AngioInfusion Balloon (SAB) for the treatment of atherosclerotic artery disease.
  • Orchestra BioMed Holdings also develops FreeHold devices and minimally invasive surgery devices.
  • The company has strategic collaborations with Medtronic and Terumo Corporation for the development and commercialization of its products.
  • The leadership team includes Mr. David P. Hochman (Founder, Chairman of the Board of Directors & CEO) and Mr. Darren R. Sherman (Founder, President, COO & Director).

Financial Summary:

  • The previous close of Orchestra BioMed Holdings, Inc. stock was $5.00 per share.
  • The stock opened at $5.67 and has a bid price of $5.15 (100 shares) and an ask price of $5.44 (100 shares).
  • The day's range of the stock is $5.11 to $5.67, and the 52-week range is $4.26 to $23.39.
  • The volume of the stock is currently at 43,189 shares, with an average volume of 53,716 shares.
  • The market capitalization of Orchestra BioMed Holdings, Inc. is $188.013 million.
  • The beta (5Y monthly) of the stock is 0.18.

Financial Analysis:

  • The trailing twelve months (TTM) price-to-earnings (P/E) ratio of Orchestra BioMed Holdings, Inc. is not available.
  • The TTM earnings per share (EPS) of the company is -$0.91.
  • The estimated one-year target price for the stock is $16.33.

Historical Stock Data:

  • The historical stock data of Orchestra BioMed Holdings, Inc. shows that the stock has experienced fluctuations in its price over the past year.
  • The stock has a 52-week low of $4.26 and a 52-week high of $23.39.

Dividend Information:

  • Orchestra BioMed Holdings, Inc. does not currently pay dividends.

Note: The information provided is based on the latest available data for Orchestra BioMed Holdings, Inc. and is subject to change.

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Terry Bingman is a financial analyst and writer with over 20 years of experience in the finance industry. A graduate of Harvard Business School, Terry specializes in market analysis, investment strategies, and economic trends. His work has been featured in leading financial publications such as The Financial Times, Bloomberg, and CNBC. Terry’s articles are celebrated for their rigorous research, clear presentation, and actionable insights, providing readers with reliable financial advice. He keeps abreast of the latest developments in finance by regularly attending industry conferences and participating in professional workshops. With a reputation for expertise, authoritativeness, and trustworthiness, Terry Bingman continues to deliver high-quality content that aids individuals and businesses in making informed financial decisions.