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Intensity Therapeutics, Inc. (INTS) stock has reached a new 52-week low, trading at $1.49 USD, marking a 72% decline from its 52-week high of $5.28. While the company faces ongoing market headwinds, InvestingPro analysis shows the company maintains a healthy balance sheet with more cash than debt. This latest price point reflects a significant downturn for the biotech firm, which has seen its stock value decrease by 53% over the past year. Investors are closely monitoring Intensity Therapeutics as it navigates through a challenging period, with analysts setting price targets ranging from $4 to $15. According to InvestingPro, which offers 6 additional investment insights for this stock, the company’s overall financial health score remains "FAIR" despite current market challenges. The company’s next earnings report is scheduled for May 8, 2025, which could potentially catalyze a turnaround in market performance.
In other recent news, Intensity Therapeutics reported its financial results for the fourth quarter of 2024, revealing a net loss of $3.2 million, or $0.22 per share. The company also disclosed a net loss of $16.3 million for the entire year, translating to a loss of $1.17 per share, compared to the previous year’s net loss of $11.9 million, or $1.38 per share. Benchmark analysts maintained a Speculative Buy rating on Intensity Therapeutics with a price target of $4.00. The company continues to advance its clinical trials, with the INVINCIBLE-3 Phase 3 sarcoma trial proceeding as planned after a favorable review by the Data Monitoring Committee. This trial involves the investigational drug INT230-6, which is being tested against standard chemotherapy in soft tissue sarcoma patients. Additionally, Intensity Therapeutics has expanded its clinical reach by activating eight sites in Europe for the INVINCIBLE-4 Phase 2 trial, focusing on early-stage, operable triple-negative breast cancer. The company’s ongoing research and development efforts are highlighted by the screening of 25 patients for the INVINCIBLE-3 study. These developments underscore Intensity Therapeutics’ continued focus on advancing its pipeline and clinical trials.
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