9 Small Biotechs Near 52-Week Lows

If you're aiming to "buy low and sell high," it makes infinite sense to start your search with bargain-priced stocks. Regularly reviewing a list of stocks trading near their 52-week lows can be a great first step.

Here, I'll try to do the initial legwork for you. To prevent us from being inundated with scores of disparate companies, I'll conduct my search by industry. This will allow us to make some initial comparisons among semirelated companies.

Today, let's look at small biotechs. Below are the nine companies in this space that are within 20% of their 52-week lows and have market caps between roughly $200 million and $500 million.

Company

Recent Price

52-Week Low

52-Week High

P/E Ratio (Trailing)

MannKind (Nasdaq: MNKD  )

$3.60

$3.40

$10.05

NM

Alnylam Pharmaceuticals (Nasdaq: ALNY  )

$10.12

$8.79

$16.13

NM

Theratechnologies (Nasdaq: THER  )

$4.42

$4.03

$6.08

40.6

Metabolix (Nasdaq: MBLX  )

$6.78

$6.50

$18.44

NM

Cell Therapeutics (Nasdaq: CTIC  )

$1.48

$1.26

$3.30

NM

Novavax (Nasdaq: NVAX  )

$2.12

$1.84

$3.50

NM

AVI Biopharma (Nasdaq: AVII  )

$1.64

$1.33

$2.74

NM

Allos Therapeutics (Nasdaq: ALTH  )

$1.83

$1.81

$5.97

NM

Vanda Pharmaceuticals (Nasdaq: VNDA  )

$7.19

$6.04

$10.32

30.7

Sources: Capital IQ, a division of Standard & Poor's, and Yahoo! Finance. NM = not meaningful.

In the biotech world, a nonexistent P/E ratio isn't necessarily cause for concern. Many are in the process of obtaining FDA approval for one or more therapies that will make or break the company. The shares trade violently on every bit of news. Just look at the 52-week ranges of MannKind, Metabolix, and Allos. High volatility can be your friend if you've done your analysis and have the emotional fortitude to make your buy moves when others are fleeing. But beware, the market can be pessimistic for good reason -- as my fellow Fools warn in a recent roundtable discussion of biotechs.

If you are interested in continuing your research on a stock mentioned here, add it to My Watchlist to stay abreast of all of our Foolish analysis.

Anand Chokkavelu doesn't own shares of any company mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.


Read/Post Comments (4) | Recommend This Article (2)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

  • Report this Comment On July 22, 2011, at 11:48 AM, stocks3066 wrote:

    How about some good Biotech like VICL

  • Report this Comment On July 24, 2011, at 1:37 AM, WCoastGuynCA wrote:

    In regards to Mannkind, "MNKD", the opportunity for substantial profits buying it here is the potential announcement of a partnership. A "big pharma" partnership would probably move the share price to the $12.00-$15.00 range when the announcement was made.

    It's my belief that based on comments made by Mannkind's billionaire C.E.O., Al Mann, that the company has been in talks with multiple potential partners that it's only a matter of time before it happens.

  • Report this Comment On July 24, 2011, at 3:12 AM, Troy2008 wrote:

    Al Mann will be dead before any company partners with this FDA refused garbage called MNKD. I called it at $10 and nothing has changed. BK is looming.

  • Report this Comment On July 24, 2011, at 3:14 AM, Troy2008 wrote:

    All of these companies are junk. Try a winner like EXAS.

Add your comment.

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 1523368, ~/Articles/ArticleHandler.aspx, 10/22/2014 6:06:01 PM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...


Advertisement