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Stock impact report

Ascendis: Why I'm Sceptical On Takeover Rumours, Long-Term Targets [Seeking Alpha]

Ascendis Pharma A/S - American Depositary Shares (ASND) 
Last ascendis pharma a/s - american depositary shares earnings: 11/18 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: ascendispharma.com
Company Research Source: Seeking Alpha
Despite robust growth and pipeline catalysts, ASND trades at a 15x P/S multiple and remains unprofitable, prompting a Hold rating. Key near-term catalyst is the FDA PDUFA decision for TransCon CNP in February; failure could trigger a sharp sell-off. Vision 2030 targets €5bn revenue, but achieving sustained 40% CAGR appears ambitious; takeover rumors add speculative upside. Looking for a portfolio of ideas like this one? Members of Haggerston BioHealth get exclusive access to our subscriber-only portfolios. Learn More » Richard Drury/DigitalVision via Getty Images Investment Overview The stock of Ascendis Pharma ( ASND ) has risen in value by 1,000% over the past decade, climbing from a price of ~$20, to $235 per share at the time of writing. Stock is also up 85% on a 1-year basis. More on my IG service If you are interested in keeping up to date with stocks making moves within the biotech, pharma and healthcare industries, and understanding the key trends and catalyst Show less Read more
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