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GRCE Overview

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ET
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0.000
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Intellectia

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High
2.360
Open
2.360
VWAP
2.31
Vol
133.58K
Mkt Cap
36.05M
Low
2.270
Amount
308.35K
EV/EBITDA(TTM)
--
Total Shares
15.47M
EV
17.38M
EV/OCF(TTM)
--
P/S(TTM)
--
Grace Therapeutics, Inc. is a late-stage biopharma company with drug candidates addressing rare and orphan diseases. Its novel drug delivery technologies have the potential to improve the performance of marketed drugs by achieving faster onset of action, and reduced side effects. Its lead clinical asset, GTx-104, is an intravenous infusion targeting aneurysmal Subarachnoid Hemorrhage (aSAH), a rare and life-threatening medical emergency in which bleeding occurs over the surface of the brain in the subarachnoid space between the brain and skull. The nanoparticle technology of GTx-104 facilitates aqueous formulation of insoluble nimodipine for a standard peripheral IV infusion. Its other pipeline includes GTX-102, which is targeted as the first potential therapy for the treatment of ataxia-telangiectasia (AT) in a pediatric population and GTx-101, which is a topical administration via a bioadhesive, film-forming polymer, for the treatment of pain associated with postherpetic neuralgia.
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Events Timeline

(ET)
2026-05-12
08:50:00
Significant Increases in Indicative Borrow Rates for Liquid Options
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2026-05-11 (ET)
2026-05-11
08:50:00
Significant Borrow Rate Increases Among Liquid Option Names
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2026-04-23 (ET)
2026-04-23
14:00:00
Grace Therapeutics Shares Drop 48% to $2.24
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2026-04-23
13:20:00
Grace Therapeutics Receives Complete Response Letter from FDA
select
2026-02-12 (ET)
2026-02-12
08:10:00
Grace Therapeutics Anticipates GTx-104 NDA Approval
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News

PRnewswire
7.0
06-08PRnewswire
Grace Therapeutics Under Investigation for Securities Violations
  • Investigation Launched: The Schall Law Firm has announced an investigation into Grace Therapeutics (NASDAQ:GRCE) for potential violations of securities laws, focusing on whether the company issued false or misleading statements and failed to disclose material information to investors.
  • FDA Response: On April 23, 2026, Grace announced that the U.S. FDA issued a Complete Response Letter (CRL) regarding its New Drug Application (NDA), highlighting issues in the Chemistry, Manufacturing, and Controls (CMC) and Non-Clinical sections related to leachables data and manufacturing deficiencies.
  • Stock Price Plunge: Following the FDA's negative feedback, Grace's shares plummeted nearly 45.5% on the same day, indicating extreme market pessimism about the company's future prospects, which may undermine investor confidence significantly.
  • Investor Rights: The Schall Law Firm encourages affected investors to reach out for discussions about their rights, showcasing the firm's expertise in securities class action lawsuits and shareholder rights litigation, potentially providing legal support for investors.
PRnewswire
7.0
05-21PRnewswire
Pomerantz LLP Investigates Claims for Grace Therapeutics Investors
  • Securities Fraud Investigation: Pomerantz LLP is investigating claims on behalf of investors in Grace Therapeutics, focusing on whether the company and its executives have engaged in securities fraud or other unlawful business practices, which could severely impact investor rights.
  • FDA Response Letter: On April 23, 2026, Grace announced that its New Drug Application for GTx-104 received a Complete Response Letter from the FDA, citing issues related to leachables data and manufacturing deficiencies, indicating significant compliance challenges in drug development.
  • Stock Price Plunge: Following the FDA's negative feedback, Grace's stock price fell by $1.96, a 45.48% drop, closing at $2.35 per share, reflecting market pessimism regarding the company's future prospects.
  • Potential Legal Consequences: The investigation by Pomerantz LLP could lead to a class action lawsuit, and if fraud is confirmed, Grace may face substantial damages, further affecting its market reputation and investor confidence.
PRnewswire
7.0
05-15PRnewswire
Pomerantz LLP Investigates Grace Therapeutics for Securities Fraud
  • Securities Fraud Investigation: Pomerantz LLP is investigating claims on behalf of investors in Grace Therapeutics, focusing on whether the company and its executives engaged in securities fraud or other unlawful business practices, which could undermine investor confidence and the company's reputation.
  • FDA Response Letter: On April 23, 2026, Grace announced that the FDA issued a Complete Response Letter for its New Drug Application for GTx-104, citing issues in the Chemistry, Manufacturing, and Controls (CMC) and Non-Clinical sections, potentially delaying the product's market entry.
  • Stock Price Plunge: Following the FDA announcement, Grace's stock price fell by $1.96, a 45.48% drop, closing at $2.35 per share, indicating a severe market reaction and pessimism regarding the company's future prospects.
  • Potential Legal Consequences: The investigation by Pomerantz LLP could lead to a class action lawsuit, and if fraud is confirmed, it may have significant implications for Grace's financial health and shareholder equity, further exacerbating investor losses.
stocktwits
9.0
04-24stocktwits
Grace's Drug FDA Rejection Leads to Stock Plunge
  • FDA Rejection: Grace Therapeutics' application for GTx-104 to treat aneurysmal subarachnoid hemorrhage was rejected by the FDA due to issues in Chemistry, Manufacturing, and Controls (CMC) and Non-Clinical sections, resulting in a 49% drop in stock price this week, marking its worst performance since September 2020.
  • Analyst Downgrades: Craig-Hallum cut its price target for Grace from $11 to $4 while maintaining a 'Buy' rating, believing the company has enough runway to address the FDA's deficiencies, although shares are unlikely to recover until more visibility is provided.
  • Management's Response: CEO Prashant Kohli expressed confidence in the robust data package supporting their NDA submission and stated that the CMC issues identified by the FDA can be successfully addressed in a resubmission, with plans to meet with the FDA to clarify resubmission timelines.
  • Retail Investor Sentiment: Despite the stock's decline, retail sentiment on Stocktwits remained 'bullish', with users highlighting that the FDA's cited issues are fixable and expecting a rebound, indicating market confidence in the company's future prospects.
NASDAQ.COM
9.0
04-24NASDAQ.COM
Grace Therapeutics Faces FDA Rejection for New Drug Application
  • FDA Complete Response Letter: Grace Therapeutics' New Drug Application for GTx-104 was rejected by the FDA due to issues in chemistry, manufacturing, and controls (CMC) and non-clinical sections, hindering progress in treating aneurysmal Subarachnoid Hemorrhage (aSAH).
  • Clinical Trial Data: GTx-104 demonstrated clinical benefits in the Phase 3 STRIVE-ON trial, showing a 19% reduction in the incidence of clinically significant hypotension compared to oral Nimodipine, providing supportive data for future applications.
  • Death Event Analysis: The GTx-104 group reported 8 deaths compared to 4 in the oral Nimodipine group, with all deaths attributed to the severity of underlying conditions, which may still impact the FDA's safety assessment of the drug.
  • Next Steps: The company intends to resubmit the application after addressing the FDA's concerns and plans to request a Type A meeting with the FDA to clarify the path forward, demonstrating its ongoing commitment to drug development.
stocktwits
9.0
04-23stocktwits
FDA Rejects Grace Therapeutics Drug Application
  • FDA Rejection: The U.S. FDA rejected Grace Therapeutics' drug application for GTx-104, citing issues in Chemistry, Manufacturing, and Controls (CMC) and non-clinical sections, resulting in a 45% drop in the company's stock on Thursday.
  • No Additional Clinical Data Required: Although the FDA issued a complete response letter highlighting concerns over leachables data and manufacturing deficiencies, it did not request additional clinical data, indicating that the results from the Phase 3 trial remain recognized.
  • Positive Market Reaction: On Stocktwits, retail sentiment around GRCE stock shifted from 'neutral' to 'bullish' in the past 24 hours, with message volume increasing from 'normal' to 'high', reflecting investor confidence in the company's future.
  • CEO's Optimistic Outlook: CEO Prashant Kohli expressed confidence in the robust data package supporting the NDA submission and believes that the identified CMC issues can be successfully addressed in a resubmission, with plans to meet with the FDA to determine next steps.

Valuation Metrics

The current forward P/E ratio for Grace Therapeutics, Inc (GRCE.O) is 2.17, compared to its 5-year average forward P/E of -1.71. For a more detailed relative valuation and DCF analysis to assess Grace Therapeutics, Inc's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average PE
-1.71
Current PE
2.17
Overvalued PE
0.61
Undervalued PE
-4.03

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average EV/EBITDA
-1.08
Current EV/EBITDA
0.00
Overvalued EV/EBITDA
-0.52
Undervalued EV/EBITDA
-1.64

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average PS
12.10
Current PS
0.00
Overvalued PS
29.21
Undervalued PS
-5.00

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Frequently Asked Questions

What is Grace Therapeutics, Inc (GRCE) stock price today?

The current price of GRCE is 2.295 USD — it has decreased -1.5

What is Grace Therapeutics, Inc (GRCE)'s business?

Grace Therapeutics, Inc. is a late-stage biopharma company with drug candidates addressing rare and orphan diseases. Its novel drug delivery technologies have the potential to improve the performance of marketed drugs by achieving faster onset of action, and reduced side effects. Its lead clinical asset, GTx-104, is an intravenous infusion targeting aneurysmal Subarachnoid Hemorrhage (aSAH), a rare and life-threatening medical emergency in which bleeding occurs over the surface of the brain in the subarachnoid space between the brain and skull. The nanoparticle technology of GTx-104 facilitates aqueous formulation of insoluble nimodipine for a standard peripheral IV infusion. Its other pipeline includes GTX-102, which is targeted as the first potential therapy for the treatment of ataxia-telangiectasia (AT) in a pediatric population and GTx-101, which is a topical administration via a bioadhesive, film-forming polymer, for the treatment of pain associated with postherpetic neuralgia.

What is the price predicton of GRCE Stock?

Wall Street analysts forecast GRCE stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for GRCE is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is Grace Therapeutics, Inc (GRCE)'s revenue for the last quarter?

Grace Therapeutics, Inc revenue for the last quarter amounts to 0.00 USD, decreased

What is Grace Therapeutics, Inc (GRCE)'s earnings per share (EPS) for the last quarter?

Grace Therapeutics, Inc. EPS for the last quarter amounts to -0.14 USD, decreased -61.11

How many employees does Grace Therapeutics, Inc (GRCE). have?

Grace Therapeutics, Inc (GRCE) has 0 emplpoyees as of June 10 2026.

What is Grace Therapeutics, Inc (GRCE) market cap?

Today GRCE has the market capitalization of 36.05M USD.