Beyond market averages, investors seeking exceptional growth focus on the art of stock selection. The right picks can significantly contribute to the expansion of your wealth.
The price of 89bio Inc (NASDAQ: ETNB) closed at $10.1 in the last session, up 3.80% from day before closing price of $9.73. In other words, the price has increased by $3.80 from its previous closing price. On the day, 2.04 million shares were traded. ETNB stock price reached its highest trading level at $10.335 during the session, while it also had its lowest trading level at $9.56.
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.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ETNB now has a Market Capitalization of 1474438400 and an Enterprise Value of 832363648.
Stock Price History:
The Beta on a monthly basis for ETNB is 1.36, which has changed by 0.34308505 over the last 52 weeks, in comparison to a change of 0.1185931 over the same period for the S&P500. 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 12.23%, while the 200-Day Moving Average is calculated to be 20.29%.
Shares Statistics:
According to the various share statistics, ETNB traded on average about 2.06M shares per day over the past 3-months and 2086410 shares per day over the past 10 days. A total of 145.98M shares are outstanding, with a floating share count of 141.32M. Insiders hold about 3.20% of the company’s shares, while institutions hold 106.17% stake in the company. Shares short for ETNB as of 1749772800 were 13985891 with a Short Ratio of 6.80, compared to 1747267200 on 15478047. Therefore, it implies a Short% of Shares Outstanding of 13985891 and a Short% of Float of 13.340001.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
