Karuna Therapeutics, Inc. which can be found using ticker (KRTX) have now 20 confirmed analysts covering the stock with the consensus suggesting a rating of ‘buy’. The range between the high target price and low target price is between $320.00 and $197.00 with the average target price sitting at $264.55. Given that the stocks previous close was at $219.04 this now indicates there is a potential upside of 20.8%. The 50 day moving average now sits at $184.43 and the 200 day moving average is $194.18. The market capitalization for the company is 8.15B. The stock price for the company is currently $215.99 USD
The potential market cap would be $9,841,729,349 based on the market consensus.
The company has a dividend yield of 2.93%. Other points of data to note are a P/E ratio of -, revenue per share of $0.16 and a -21.51% return on assets.
Karuna Therapeutics, Inc. is a clinical-stage biopharmaceutical company. The Company creates and delivers transformative medicines for people living with psychiatric and neurological conditions. Its pipeline is primarily built on the therapeutic potential of its product candidate, KarXT (xanomeline-trospium), an oral modulator of muscarinic receptors that are located both in the central nervous system (CNS), and various peripheral tissues. KarXT combines xanomeline, a novel muscarinic agonist, with trospium, an approved muscarinic antagonist, to preferentially stimulate muscarinic receptors in the CNS. The Company is developing KarXT for the treatment of acute psychosis in adults with schizophrenia, as well as for the treatment of psychosis in Alzheimer’s disease (AD). The Company is also engaged in developing its investigational TRPC4/5 candidate, KAR-2618, for the treatment of mood and anxiety disorders, and plan to provide details regarding the expected development of KAR-2618.
