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Smart Investors Daily
SG

NASDAQ · SGMT

Sagimet Biosciences Inc.

Healthcare · Biotechnology

$9.92

Down-$0.51 (-4.89%)

Updated Nov 1, 2026, 12:29 AM

SID Score

5.3/10

Composite research score

Smart Money

—

Institutional and insider signal

Market cap
196.86M
P/E ratio
-3.57
Dividend yield
0.00%
52-week range
$4.50 – $11.45
Volume
989.15K
Avg. volume
561.82K

Price performance · SGMT

SGMT price history

1M range · 21 trading sessions · Daily adjusted prices

Prices through Oct 30, 2026

SGMT closed at $9.92 after 21 trading sessions, up 8.53% for the selected period.

Last close
$9.92
Period change
+8.53%
Period low
$7.55
Period high
$10.74
Daily close
View OHLC price history
SGMT OHLC price history, latest 40 sessions
DateOpenHighLowCloseVolume
Oct 30, 2026$10.41$10.535$9.82$9.92989.15K
Oct 29, 2026$10.82$10.92$10.27$10.43746.45K
Oct 28, 2026$10.32$10.76$10.2586$10.741.24M
Oct 27, 2026$9.58$10.48$9.55$10.421.11M
Oct 26, 2026$9.61$9.70$9.41$9.56767.19K
Oct 23, 2026$9.95$9.95$9.495$9.58694.95K
Oct 22, 2026$10.00$10.15$9.628$9.951.01M
Oct 21, 2026$9.76$10.21$9.72$9.991.58M
Oct 20, 2026$8.88$10.15$8.83$9.742.18M
Oct 19, 2026$8.24$9.005$8.15$8.861.69M
Oct 16, 2026$8.15$8.25$7.94$8.021.09M
Oct 15, 2026$7.61$8.275$7.54$8.171.37M
Oct 14, 2026$7.78$8.00$7.51$7.5451.99M
Oct 13, 2026$8.70$8.74$7.88$7.982.52M
Oct 12, 2026$8.85$9.1453$8.735$8.801.16M
Oct 9, 2026$8.84$9.05$8.78$8.93763.53K
Oct 8, 2026$8.80$8.94$8.63$8.921.23M
Oct 7, 2026$8.65$8.97$8.5984$8.88631.65K
Oct 6, 2026$8.99$8.99$8.55$8.76896.38K
Oct 5, 2026$9.075$9.12$8.40$9.031.53M
Oct 2, 2026$9.26$9.38$8.88$9.141.71M

Latest SGMT news

The latest Smart Investors Daily articles mentioning SGMT.

SGMT research

Overview

Company profile and research snapshot.

Company profile

Sagimet Biosciences Inc is a clinical-stage biopharmaceutical company dedicated to developing a portfolio of in-house discovered, selective fatty acid synthase (FASN) inhibitors aimed at treating diseases that arise from dysfunctional lipid metabolism pathways. The company's drug candidate, denifanstat, is an oral, once-daily pill that serves as a selective FASN inhibitor under development for treating nonalcoholic steatohepatitis (NASH). The company functions as a single business segment, focusing on the development and commercialization of therapeutics for MASH and other diseases where FASN plays a pathogenic role.

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Analyst outlook

Consensus and target data currently published for this company.

Consensus
Buy
Average target
$6.00
Implied upside
—
Analysts
16
SGMT recent ratings
DateFirmRatingTarget
Oct 5, 2026HC Wainwright & Co.Buy—
Oct 2, 2026GuggenheimBuy—
Oct 1, 2026OppenheimerOutperform—
Oct 1, 2026CitizensMarket Outperform—
Sep 24, 2026Goldman SachsSell—
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News briefing

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Yahoo · Oct 23, 2026

Ascletis' Strategic Partner Sagimet Announces First Patient Dosed in Phase III U.S. Clinical Trial of Denifanstat (ASC40) for Moderate to Severe Acne

Ascletis Pharma Inc. (HKEX: 1672, "Ascletis") announced that its strategic partner, Sagimet Biosciences Inc. ("Sagimet"), a clinical-stage biopharmaceutical company developing inhibitors of fatty acid synthase (FASN), a key lipid synthesis regulator, for acne, had dosed the first patient in AURORA, Sagimet's pivotal U.S. Phase III clinical trial of denifanstat (ASC40) in adults and adolescents aged 12 years and older with moderate to severe acne. AURORA is intended to support a potential U.S. Ne

Yahoo · Oct 22, 2026

Sagimet Biosciences Announces First Patient Dosed in AURORA Phase 3 U.S. Clinical Trial of Denifanstat for Moderate to Severe Acne

With first patient dosed in AURORA Phase 3 clinical trial, Sagimet advances denifanstat's U.S. registrational program, building on positive Phase 3 clinical results in China from license partner AscletisPivotal trial designed to enroll approximately 800 U.S. patients, including 450 adolescents aged 12 and olderIf approved, denifanstat has the potential to address a significant unmet need among approximately 10 million Americans with moderate to severe acne FOSTER CITY, Calif., Oct. 22, 2026 (GLO

AI research layers

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