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ATHXQ Shariah Compliance
Screening Methodology: AAOIFI
NOT HALAL
Last Updated: August 26, 2023
Report Source: 2023 2nd Quarter Report
Athersys Inc. Stock Analysis ATHXQ
Athersys, Inc. is a biotechnology company, which focuses on the field of regenerative medicine. The company is headquartered in Cleveland, Ohio and currently employs 24 full-time employees. The company went IPO on 2007-04-23. The firm's MultiStem cell therapy, a patented and proprietary allogeneic off-the-shelf stem cell product, is its lead platform product for treating indications in the neurological, inflammatory and immune, and cardiovascular disease areas, as well as certain other critical care conditions. MultiStem is being evaluated in several clinical-stage programs. Its advanced program is focused on the treatment of ischemic stroke, which is being evaluated in a registrational trial in Japan, and in a Phase III clinical trial primarily in North America and Europe under a Special Protocol Assessment (SPA). Its clinical development programs are focused on treating neurological conditions, inflammatory and immune disorders, cardiovascular disease, certain pulmonary conditions and other conditions where the current standard of care is limited or inadequate for many patients.
Read More Athersys Inc (ATHXQ) Chart
Key Statistics of Athersys Inc (ATHXQ)
Key statistics in the stock market are essential financial indicators that measure a company's performance, valuation, profitability, and risk.
Today's Range
Today's Open
$0.00Volume
2909.00P/E Ratio (TTM)
-52 Week Range
Market Cap
61.70Avg. Volume
4269.00Dividend Yield
-Financial Metrics & Statements of Athersys Inc (ATHXQ)
FAQ's for Athersys Inc (ATHXQ)
- According to Musaffa’s Shariah screening methodology, Athersys Inc (ATHXQ) is currently classified as NOT HALAL as of August 2023. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.
- A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Athersys Inc using these criteria to determine its compliance status.
- Muslim investors may consider investing in Athersys Inc if it meets Shariah compliance standards. Investors typically review the company’s business activities, debt levels, and non-permissible income before making a decision.
- Musaffa determines the Shariah status of Athersys Inc by analyzing whether the company’s core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.
- The Shariah compliance status of Athersys Inc may be updated periodically when new financial statements, earnings reports, or business activity information become available.
- Yes. A stock that is currently Shariah-compliant may become non-compliant if the company’s financial ratios exceed Shariah thresholds or its business activities change.
- You can check the latest Shariah compliance status of Athersys Inc on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.