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The price of 89bio Inc (NASDAQ: ETNB) closed at $7.75 in the last session, down -9.99% from day before closing price of $8.61. In other words, the price has decreased by -$9.99 from its previous closing price. On the day, 2.73 million shares were traded.
Ratios:
We take a closer look at ETNB’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 18.03 and its Current Ratio is at 18.03. In the meantime, Its Debt-to-Equity ratio is 0.06 whereas as Long-Term Debt/Eq ratio is at 0.06.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Goldman on March 14, 2025, initiated with a Neutral rating and assigned the stock a target price of $11.
On March 13, 2025, Citigroup started tracking the stock assigning a Buy rating and target price of $25.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Apr 15 ’25 when Le-Nguyen Quoc sold 15,329 shares for $5.95 per share. The transaction valued at 91,208 led to the insider holds 328,323 shares of the business.
QUOC LE-NGUYEN bought 15,329 shares of ETNB for $91,171 on Apr 15 ’25. On Jan 30 ’25, another insider, RA CAPITAL MANAGEMENT, L.P., who serves as the Director of the company, bought 5,714,285 shares for $8.75 each. As a result, the insider paid 49,999,994 and bolstered with 19,554,319 shares of the company.
Stock Price History:
Over the past 52 weeks, ETNB has reached a high of $11.84, while it has fallen to a 52-week low of $4.16. The 50-Day Moving Average of the stock is 2.51%, while the 200-Day Moving Average is calculated to be -5.97%.
Shares Statistics:
A total of 145.98M shares are outstanding, with a floating share count of 140.34M. Insiders hold about 3.86% of the company’s shares, while institutions hold 97.11% stake in the company.
