SGMT icon

Sagimet Biosciences (SGMT)

NASDAQ

$5.10

-$0.15 (

-2.76%

)

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Market closed

SGMT: $5.10 / ₿ 0.0001 BTC / 7604 Sats

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Key statistics

$5.25
$1.73 - $11.41
$166.18M
3.42
$5.10
$160,019.44
32.59M
$4.38 - $11.00
$5.10 - $5.33
Yes

What is Sagimet Biosciences (SGMT)?

Sagimet Biosciences Inc a clinical-stage biopharmaceutical company developing novel therapeutics called fatty acid synthase (FASN) inhibitors that target dysfunctional metabolic and fibrotic pathways in diseases resulting from the overproduction of the fatty acid, palmitate. Its drug candidate, denifanstat, is an oral, once-daily pill and selective FASN inhibitor in development for the treatment of metabolic dysfunction-associated steatohepatitis (MASH), acne and select forms of cancer. Its second FASN inhibitor, TVB-3567, is a potent and selective small molecule FASN inhibitor in development for acne. It operates as a single business segment, developing and commercializing therapeutics for the treatment of MASH and other diseases where FASN plays a pathogenic role.

The Sagimet Biosciences (SGMT) stock price has been falling

The Sagimet Biosciences Inc. Series A Common Stock (SGMT) stock price today is $5.10, reflecting a -2.76% move since the market opened. The company’s market capitalization stands at $166.18M, with a daily trading volume of $160.02K shares. For investors tracking price trends, Sagimet Biosciences Inc. Series A Common Stock stock has ranged between $5.10 and $5.33 today. The previous closing price was $5.25.

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SGMT FAQs

SGMT is in the Healthcare sector. Sector is a broad classification that groups companies based on their business activities, industry focus or economic function.

SGMT is in the Biotechnology industry. Industry is a more specific classification within a sector, grouping companies that operate in a similar field and have closely related business models.

Over the past 52 weeks, Sagimet Biosciences Inc. Series A Common Stock (SGMT) has traded between a low of $1.73 and a high of $11.41.

SGMT is in the Biotechnology industry group. Industry group is a further subdivision within an industry, grouping companies with even more closely related business models and operations. This helps investors analyze stocks at a more detailed level than sector and industry classifications alone.

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