Pyxis Oncology, Inc. (PYXS) is looking like an interesting pick from a technical perspective, as the company reached a key level of support. Recently, PYXS's 50-day simple moving average crossed above its 200-day simple moving average, known as a "golden cross.
If the cancer space appeals to you, it's time to consider stocks like Pyxis Oncology, Verastem Oncology and Relay Therapeutics.
Pyxis Oncology's lead candidate, PYX-201, showed promising response rates in Phase 1 trials but raised safety concerns due to a patient's death. The company's valuation appears deeply discounted, with a P/B ratio of 0.7 compared to a sector median of 2.4, reflecting market pessimism. PYX-201's ongoing trials and upcoming catalysts in 2025-2026 are crucial for addressing safety concerns and demonstrating efficacy across multiple cancer types.
| Biotechnology Industry | Healthcare Sector | Lara S. Sullivan MBA CEO | NASDAQ (NGS) Exchange | 747324101 CUSIP |
| US Country | 44 Employees | - Last Dividend | - Last Split | 8 Oct 2021 IPO Date |
Pyxis Oncology, Inc. is a clinical-stage biopharmaceutical company dedicated to advancing innovative therapies for the treatment of various types of cancers. With a focus on immunology and precision medicine, Pyxis Oncology aims to address the unmet needs in oncology care by developing groundbreaking treatments. Founded in 2018, the company is headquartered in the notable biotech hub of Cambridge, Massachusetts, emphasizing its commitment to cutting-edge research and development in the battle against cancer.
Pyxis Oncology, Inc. has an impressive pipeline of product candidates in various stages of clinical development, each targeting different forms of solid tumors through distinct mechanisms. These include: