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Pasithea Therapeutics Corp. (KTTA)

Healthcare | Biotechnology | Miami Beach, United States | NasdaqCM
0.56 USD +0.01 (0.992%) ⇧ (Aug. 28, 2026, 4 p.m. EDT)
After hours: 0.57 +0.01 (1.446%) ⇧ (Aug. 28, 2026, 6:15 p.m. EDT)

Short-term:★★⯪☆☆Long-term:⯪☆☆☆☆Dividends:☆☆☆☆☆
Hot Take | Aug. 22, 2026, 4:50 a.m. EDT

The investment case here is fractured by a catastrophic multi-year decline. Over the last three years, the stock has lost 97% of its value, with every single year showing double-digit declines, culminating in a massive 85% drop last year. This relentless downward trajectory suggests the market has thoroughly rejected the company's current business model and prospects, regardless of the glowing 'strong buy' analyst consensus which appears to be based on a single, potentially optimistic view of future clinical data rather than current reality. While insider buying and recent news about tolerable study results offer a glimmer of hope for a potential turnaround, the price action tells a different story: the asset is currently priced at a fraction of its book value because investors see no path to profitability or revenue growth. For a biotech firm burning through cash with negative returns on equity and assets, this deep discount is a warning sign of a value trap, not a bargain. There is no dividend to provide income, and the short-term momentum remains flat to slightly negative, lacking the explosive volume or technical breakout needed to justify a speculative entry at these levels.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoARIMA ✓0.066383
AutoETS0.066384
MSTL0.072937
AutoTheta0.122339

Forecast horizon: 45 days | Selected: AutoARIMA

Forecast Reliability
Score 40%
H-stat 0.99
Ljung-Box p 0.000
Jarque-Bera p 0.204
Excess Kurtosis -0.85
Attribute Value
Sector Healthcare
Market Cap 18,712,090
Forward P/E -1.22
Beta 0.29
Website https://www.pasithea.com

Info Dump

Attribute Value
52 Week Change -0.3826474
Address1 1,111 Lincoln Road
Address2 Suite 500
All Time High 170.0
All Time Low 0.281
Ask 0.7248
Ask Size 2
Average Analyst Rating 1.0 - Strong Buy
Average Daily Volume10 Day 154,950
Average Daily Volume3 Month 740,775
Average Volume 740,775
Average Volume10Days 154,950
Beta 0.293
Bid 0.3948
Bid Size 2
Book Value 1.492
City Miami Beach
Compensation As Of Epoch Date 1,767,139,200
Country United States
Crypto Tradeable 0
Currency USD
Current Price 0.56
Current Ratio 26.249
Custom Price Alert Confidence HIGH
Date Short Interest 1,786,665,600
Day High 0.6043
Day Low 0.5416
Display Name Pasithea Therapeutics
Earnings Timestamp End 1,755,374,400
Earnings Timestamp Start 1,754,942,400
Ebitda -19,138,316
Ebitda Margins 0.0
Enterprise To Ebitda 1.408
Enterprise Value -26,951,692
Eps Current Year -0.76
Eps Forward -0.46
Eps Trailing Twelve Months -1.37
Esg Populated 0
Exchange NCM
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 0.49518
Fifty Day Average Change 0.06481999
Fifty Day Average Change Percent 0.13090187
Fifty Two Week Change Percent -38.26474
Fifty Two Week High 2.06
Fifty Two Week High Change -1.5
Fifty Two Week High Change Percent -0.7281554
Fifty Two Week Low 0.281
Fifty Two Week Low Change 0.279
Fifty Two Week Low Change Percent 0.99288267
Fifty Two Week Range 0.281 - 2.06
Financial Currency USD
First Trade Date Milliseconds 1,631,712,600,000
Float Shares 19,683,115
Forward Eps -0.46
Forward P E -1.2173913
Free Cashflow -12,165,350
Full Exchange Name NasdaqCM
Full Time Employees 5
Fullday Change 0.00550002
Fullday Change Percent 0.991888
Fullday Price 0.5681
Gmt Off Set Milliseconds -14,400,000
Gross Margins 0.0
Has Pre Post Market Data 1
Held Percent Insiders 0.01114
Held Percent Institutions 0.63228
Implied Shares Outstanding 33,414,448
Industry Biotechnology
Industry Disp Biotechnology
Industry Key biotechnology
Ipo Expected Date 2,021-09-15
Is Earnings Date Estimate 1
Language en-US
Last Fiscal Year End 1,767,139,200
Last Split Date 1,704,153,600
Last Split Factor 1:20
Long Business Summary Pasithea Therapeutics Corp., a clinical-stage biotechnology company, focuses on the discovery, research, and development of treatments for central nervous system (CNS) disorders, RASopathies, and cancers. Its lead product candidate is PAS-004, a next-generation macrocyclic mitogen-activated protein kinase, or MEK inhibitor to treat a range of RASopathies, including neurofibromatosis type 1 (NF1); MAPK pathway-driven tumors, such as BRAFv600 and BRAF fusion tumor; and ETS2 driven diseases, including inflammatory bowel disease (IBD), primary sclerosing cholangitis, and ankylosing spondylitis. The company's lead development candidate is PAS-003, to treat amyotrophic lateral sclerosis. It also intends to develop PAS-001, to treat schizophrenia. Pasithea Therapeutics Corp. was incorporated in 2020 and is headquartered in Miami Beach, Florida.
Long Name Pasithea Therapeutics Corp.
Market us_market
Market Cap 18,712,090
Market State CLOSED
Max Age 86,400
Message Board Id finmb_702706441
Most Recent Quarter 1,782,777,600
Net Income To Common -21,291,622
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 19,002,796
Number Of Analyst Opinions 1
Open 0.574
Operating Cashflow -17,781,584
Operating Margins 0.0
Payout Ratio 0.0
Phone 786 977 3380
Post Market Change 0.008099973
Post Market Change Percent 1.4464238
Post Market Price 0.5681
Post Market Time 1,787,955,302
Previous Close 0.5545
Price Eps Current Year -0.7368421
Price Hint 4
Price To Book 0.37533513
Profit Margins 0.0
Quick Ratio 24.845
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key strong_buy
Recommendation Mean 1.0
Region US
Regular Market Change 0.00550002
Regular Market Change Percent 0.991888
Regular Market Day High 0.6043
Regular Market Day Low 0.5416
Regular Market Day Range 0.5416 - 0.6043
Regular Market Open 0.574
Regular Market Previous Close 0.5545
Regular Market Price 0.56
Regular Market Time 1,787,947,201
Regular Market Volume 455,386
Return On Assets -0.36003
Return On Equity -0.65494
Sand P52 Week Change 0.20504117
Sector Healthcare
Sector Disp Healthcare
Sector Key healthcare
Shares Outstanding 33,414,448
Shares Percent Shares Out 0.0076
Shares Short 253,936
Shares Short Previous Month Date 1,784,073,600
Shares Short Prior Month 242,873
Short Name Pasithea Therapeutics Corp.
Short Percent Of Float 0.0077
Short Ratio 0.84
Source Interval 15
State FL
Symbol KTTA
Target High Price 3.0
Target Low Price 3.0
Target Mean Price 3.0
Target Median Price 3.0
Total Cash 45,663,784
Total Cash Per Share 1.367
Total Debt 0
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps -1.37
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 0.74319
Two Hundred Day Average Change -0.18318999
Two Hundred Day Average Change Percent -0.24649146
Type Disp Equity
Volume 455,386
Website https://www.pasithea.com
Zip 33,139