Don't Buy Eledon Pharmaceuticals Without Checking Its Fundamentals!

Shares of Health Care sector company Eledon Pharmaceuticals moved -5.1% today, and are now trading at a price of $1.12. The small-cap stock's daily volume was 50,748 compared to its average volume of 90,028. The S&P 500 index returned a -0.0% performance.

Eledon Pharmaceuticals, Inc. operates as a clinical stage biotechnology company. The company is based in Irvine and has 17 full time employees. Its market capitalization is $27,101,872.

5 analysts are following Eledon Pharmaceuticals and have set target prices ranging from $7.0 to $39.0 per share. On average, they have given the company a rating of buy. At today's prices, ELDN is trading -92.82% away from its average analyst target price of $15.6 per share.

Date Reported Cash Flow from Operations ($ k) Capital expenditures ($ k) Free Cash Flow ($ k) YoY Growth (%)
2023 -39,876 nan -39,876 -40.29
2022 -28,424 nan -28,424 1.69
2021 -28,913 nan -28,913 -90.07
2020 -15,212 nan -15,212 -9.78
2019 -13,857 nan -13,857 -16.51
2018 -11,893 nan -11,893
The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.

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