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Skye Bioscience Inc

$0.77
Market Cap 25.70M
ROE -217.3%
Gross Margin 0.0%
Debt/Equity 0.0
Current Ratio 1.8
Revenue QoQ 0.0%
EPS QoQ 0.1%
F-Score 3

About

Skye Bioscience Inc. is a biopharmaceutical company unlocking the pharmaceutical potential of cannabinoids through the development of its proprietary, cannabinoid-derived molecules to treat diseases with significant unmet needs. The company’s lead molecule, in preclinical studies, has demonstrated potential as a new class of therapy to lower intraocular pressure in patients with glaucoma or elevated intraocular pressure that is superior to the current standard of care.

Exchange
NASDAQ
Sector
Healthcare
Industry
Biotechnology

Sector context

Healthcare

Undervalued

Trading at a discount to sector peers

P/E
-0.45
vs median 34.32
P/B
2.85
vs median 2.21
ROE
-2.17
vs median 0.09

Lower quality - review fundamentals carefully

Small-cap company with higher volatility

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