First Wave Biopharma Hits New 52-Week High of $3.67
First Wave Biopharma, Inc. achieved a new 52-week high of USD 3.67 on September 15, 2025, marking a significant performance increase over the past year. The company, with a market capitalization of USD 4 million, operates in the Pharmaceuticals & Biotechnology sector and maintains a low debt-to-equity ratio.
First Wave Biopharma, Inc. has reached a significant milestone by hitting a new 52-week high of USD 3.67 on September 15, 2025. This achievement marks a notable increase from its 52-week low of USD 0.92, reflecting a robust performance over the past year. In the last year, First Wave Biopharma has demonstrated a remarkable performance increase of 51.8%, significantly outpacing the S&P 500, which recorded a gain of 17.67% during the same period. The company operates within the Pharmaceuticals & Biotechnology industry and currently holds a market capitalization of USD 4 million.
Despite being a loss-making entity, First Wave Biopharma's financial metrics indicate a low debt-to-equity ratio of 0.02, suggesting a conservative approach to leverage. However, the return on equity stands at -40.31%, and the price-to-book ratio is notably low at 0.08, which may reflect the company's current valuation in the market. Overall, this new high underscores First Wave Biopharma's evolving position within its industry.
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