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PRME Stock Price, Chart, Stats & News

563.53M
Market cap
Current P/E
Forward P/E

PRME chart

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Fundamentals

Gross margin
-58.05%
Operating margin
-4498.06%
Pretax margin
-4342.44%
Net margin
-4342.44%
Effective tax rate
ROA
-58.69%
ROE
-178.61%
D/E
0.96x
Interest coverage ratio

PRME valuation

P/E
P/S
131.75x
P/B
4.16x
P/CF
-3.09x
P/FCF
-3.65x
P/OCF
-3.09x
PEG
-0.37x
EV multiple
-2.84x

About

Prime Medicine, Inc. operates as a biotechnology firm, dedicated to delivering genetic therapies for various diseases by strategically employing advanced gene editing technology. Central to their platform is the "Prime Editor" system, which combines a unique Prime Editor protein—a hybrid composed of a Cas protein and a reverse transcriptase enzyme—with a specialized pegRNA molecule. This pegRNA plays a crucial role by both guiding the Prime Editor to a precise location within the genome and providing the essential template for introducing the desired modification to the target DNA sequence.

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