Globe Newswire (Mon, 17-Aug 8:52 AM ET)
Artelo Biosciences Provides Business Update and Reports 2026 Second Quarter Financial Results
Globe Newswire (Thu, 13-Aug 8:00 AM ET)
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Artelo Biosciences Inc is a United States-based development-stage biopharmaceutical company. It is engaged in the development of therapeutics that target lipid signaling pathways, including the endocannabinoid system, a family of receptors & neurotransmitters that form a biochemical communication network in the body. It is focused on discovering, licensing, developing, & commercializing treatments that control endocannabinoid systems. The company pursues technologies & programs that offer proprietary approaches to cannabinoid-based therapies, & those derived from the cannabis plant & synthetic cannabinoids, as well as new chemical entities & compounds. The firm's flagship program is designed to be a patent-protected cannabinoid drug combination treatment for a rare & orphan disease.
Artelo Biosciences trades on the NASDAQ stock market under the symbol ARTL.
As of August 19, 2026, ARTL stock price declined to $0.72 with 162,611 million shares trading.
ARTL has a beta of -3.00, meaning it tends to be less sensitive to market movements. ARTL has a correlation of 0.06 to the broad based SPY ETF.
ARTL has a market cap of $3.31 million. This is considered a Sub-Micro Cap stock.
In the last 3 years, ARTL traded as high as $85.80 and as low as $.69.
The top ETF exchange traded funds that ARTL belongs to (by Net Assets): VXF.
ARTL has underperformed the market in the last year with a price return of -97.5% while the SPY ETF gained +20.7%. ARTL has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -50.7% and -5.9%, respectively, while the SPY returned +4.4% and -0.3%, respectively.
ARTL support price is $.68 and resistance is $.78 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that ARTL shares will trade within this expected range on the day.
