Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
The price of Enanta Pharmaceuticals Inc (NASDAQ: ENTA) closed at $8.49 in the last session, up 1.80% from day before closing price of $8.34. In other words, the price has increased by $1.80 from its previous closing price. On the day, 0.54 million shares were traded.
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 5.47 and its Current Ratio is at 5.47. In the meantime, Its Debt-to-Equity ratio is 1.98 whereas as Long-Term Debt/Eq ratio is at 1.68.
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 Feb 12 ’25 when Luly Jay R. bought 45,000 shares for $5.69 per share. The transaction valued at 256,050 led to the insider holds 846,638 shares of the business.
Kieffer Tara Lynn sold 2,283 shares of ENTA for $18,401 on Dec 06 ’24. The Chief Product Strategy Officer now owns 29,305 shares after completing the transaction at $8.06 per share. On Dec 06 ’24, another insider, Luu Brendan, who serves as the Chief Business Officer of the company, sold 2,283 shares for $8.06 each. As a result, the insider received 18,401 and left with 36,047 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 2.72 while its Price-to-Book (P/B) ratio in mrq is 1.62.
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 $4.71. The 50-Day Moving Average of the stock is 43.77%, while the 200-Day Moving Average is calculated to be -19.56%.
Shares Statistics:
A total of 21.33M shares are outstanding, with a floating share count of 19.82M. Insiders hold about 7.09% of the company’s shares, while institutions hold 95.84% stake in the company.
