Below we presented the list of 5 best small-cap biotech stocks under $10 in 2021. For our detailed discussion as well as a more comprehensive list please see 10 Best Small-Cap Biotech Stocks Under $10 in 2021.
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5. Assembly Biosciences Inc. (NASDAQ: ASMB)
No of Hedge Funds: 22
Total Value of HF Holdings: $195 Million
Assembly Biosciences Inc is a clinical-stage biotechnology company that primarily works on the treatment of hepatitis B (HBV). It is focusing on chronic HBV and novel oral biotherapeutic candidates for the treatment of disorders associated with the microbiome. In December 2020 the company announced that it will wind-down its microbiome program to focus on the advancement of its pipeline of novel core inhibitors for chronic HBV.
In the third quarter, the company posted a GAAP EPS of -$0.09, above the Street’s estimates by $0.69. Revenue in the quarter jumped 718% to reach $34.61 million, beating the Street’s estimates by $28.17 million.