Moderna Stock: Everything You Need To Know
Moderna is a biotechnology company founded in Cambridge, Massachusetts, in 2010.
It focuses on developing messenger RNA (mRNA) therapeutics designed to treat diseases by modifying DNA instructions for cells to create disease-targeting proteins.
The company has seen significant growth over the last few years and is now worth an estimated $65 billion.
Moderna stock went public in 2018 and hovered between $15 to $20 till it took off in 2020. When writing this article on January 30, 2022, here are the fundamentals you should pay attention to for Moderna from Yahoo Finance.
Market Capitalization: $64.657B
Market capitalization measures the company's worth based on the number of issued shares at the current market share price.
PE Ratio: 8.9
The Price to Earnings (PE) ratio is calculated by dividing the current share price by the earnings per share (EPS). This ratio is a measure of how expensive a company's stock is when compared to other companies.
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