Gaining Ground: Enanta Pharmaceuticals Inc (ENTA) Closes Lower at 11.30, Down -0.79

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The price of Enanta Pharmaceuticals Inc (NASDAQ: ENTA) closed at $11.30 in the last session, down -0.79% from day before closing price of $11.39. In other words, the price has decreased by -$0.79 from its previous closing price. On the day, 0.54 million shares were traded. ENTA stock price reached its highest trading level at $11.69 during the session, while it also had its lowest trading level at $11.22.

Ratios:

We take a closer look at ENTA’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 4.92 and its Current Ratio is at 4.92. In the meantime, Its Debt-to-Equity ratio is 1.52 whereas as Long-Term Debt/Eq ratio is at 1.29.

On August 08, 2023, Jefferies Downgraded its rating to Hold which previously was Buy and also lowered its target price recommendation from $49 to $18.

On December 09, 2022, H.C. Wainwright started tracking the stock assigning a Buy rating and target price of $56.H.C. Wainwright initiated its Buy rating on December 09, 2022, with a $56 target price.

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 Jul 15 ’24 when Rottinghaus Scott T. sold 5,375 shares for $17.08 per share. The transaction valued at 91,805 led to the insider holds 21,717 shares of the business.

Rottinghaus Scott T. sold 4,299 shares of ENTA for $64,786 on Jul 11 ’24. The Chief Medical Officer now owns 23,988 shares after completing the transaction at $15.07 per share. On Jul 12 ’24, another insider, Rottinghaus Scott T., who serves as the Chief Medical Officer of the company, sold 2,271 shares for $15.04 each. As a result, the insider received 34,156 and left with 21,717 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, ENTA now has a Market Capitalization of 241337488 and an Enterprise Value of 235519856. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.33 while its Price-to-Book (P/B) ratio in mrq is 1.61. Its current Enterprise Value per Revenue stands at 3.273 whereas that against EBITDA is -1.957.

Stock Price History:

Over the past 52 weeks, ENTA has reached a high of $17.80, while it has fallen to a 52-week low of $8.08. The 50-Day Moving Average of the stock is -15.63%, while the 200-Day Moving Average is calculated to be -12.93%.

Shares Statistics:

According to the various share statistics, ENTA traded on average about 165.25K shares per day over the past 3-months and 155820 shares per day over the past 10 days. A total of 21.06M shares are outstanding, with a floating share count of 19.70M. Insiders hold about 7.02% of the company’s shares, while institutions hold 104.00% stake in the company. Shares short for ENTA as of 1724976000 were 2910550 with a Short Ratio of 17.61, compared to 1722384000 on 2800039. Therefore, it implies a Short% of Shares Outstanding of 2910550 and a Short% of Float of 14.610000000000001.

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