Why is UNITY Biotechnology stock dropping?

Why is UNITY Biotechnology stock dropping?

Why Did Unity Biotechnology Stock Fall? The reason for Unity's stock value falling is directly tied to the results of its second-phase clinical results for UBX0101. The drug is meant to treat moderate to severe osteoarthritis (OA) in the knee.

Will UNITY Biotechnology stock go up?

Stock Price Forecast The 7 analysts offering 12-month price forecasts for UNITY Biotechnology Inc have a median target of 6.00, with a high estimate of 12.00 and a low estimate of 4.00. The median estimate represents a +415.02% increase from the last price of 1.17.

Is UNITY Biotechnology a good buy?

Valuation metrics show that UNITY Biotechnology, Inc. may be overvalued. Its Value Score of D indicates it would be a bad pick for value investors. The financial health and growth prospects of UBX, demonstrate its potential to underperform the market.

Who invested in UNITY Biotechnology?

Stockholder Stake Shares owned ---------------------------- ----- ------------ The Vanguard Group, Inc. 2.41% 1,390,736 BlackRock Fund Advisors 1.50% 867,108 Renaissance Technologies LLC 1.11% 640,700 Baillie Gifford & Co. 1.02% 589,111

Is Unity Software A Buy Sell or Hold?

Unity Software has received a consensus rating of Buy. The company's average rating score is 2.91, and is based on 10 buy ratings, 1 hold rating, and no sell ratings.

What happened to UNITY Biotechnology?

Type Public ------- ---------------------- Website unitybiotechnology.com

Who is investing in UNITY Biotechnology?

Stockholder Stake Total value ($) ------------------------------------ ----- --------------- Fidelity Management & Research Co 6.20% 5,221,423 The Vanguard Group, Inc. 2.41% 2,030,475 BlackRock Fund Advisors 1.50% 1,265,978 Renaissance Technologies LLC 1.11% 935,422

What is unity biotech working on?

At UNITY we are developing therapeutics to slow, halt, or reverse diseases of aging. Age-related diseases, such as vision loss and cognitive decline, cause considerable economic, personal, and societal burden for individuals, their families, and broader communities.

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