COCO, CHEF, ASMB and CDNA stand out as four defensive picks amid volatility induced by rising oil prices and Middle East tensions.
The average of price targets set by Wall Street analysts indicates a potential upside of 35.7% in Assembly Biosciences (ASMB). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.
EDRY, RCMT, ASMB, DCTH and NESR show strong recent price momentum after a strong August, backed by improving earnings expectations.
| Biotechnology Industry | Healthcare Sector | Jason A. Okazaki CEO | XDUS Exchange | US0453962070 ISIN |
| US Country | 73 Employees | - Last Dividend | 12 Feb 2024 Last Split | 17 Dec 2010 IPO Date |
Assembly Biosciences, Inc., established in 2005 and based in South San Francisco, California, is a biopharmaceutical entity focused on the discovery and advancement of therapeutic solutions aimed at combating hepatitis B virus (HBV) infection. Initially known as Ventrus Biosciences, Inc., the company underwent a rebranding to Assembly Biosciences, Inc. in June 2014. Engaged in cutting-edge research, Assembly Biosciences is pioneering the development of next-generation HBV core inhibitors and exploring innovative small molecule therapies not only for HBV but also for hepatitis delta virus (HDV) and herpesvirus. The company's dedication to tackling viral diseases extends through multiple partnerships and collaborations, including agreements with BeiGene, Ltd., Arbutus Biopharma Corporation, Antios Therapeutics, Inc., Indiana University Research and Technology Corporation, and Gilead Sciences, Inc. These strategic alliances are formed to amplify its research capabilities and bolster the development and commercialization of its groundbreaking therapeutic candidates.