89bio Inc (NASDAQ: ETNB) established initial surge of 0.88% at $8.01, before settling in for the price of $7.94 at the close. Taking a more long-term approach, ETNB posted a 52-week range of $6.43-$16.63.
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The company of the Healthcare sector’s yearbook sales growth during the past 5- year span was recorded 0.00%. Meanwhile, its Annual Earning per share during the time was -11.24%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -58.84%. This publicly-traded company’s shares outstanding now amounts to $117.58 million, simultaneously with a float of $112.63 million. The organization now has a market capitalization sitting at $941.83 million. At the time of writing, stock’s 50-day Moving Average stood at $8.43, while the 200-day Moving Average is $8.74.
89bio Inc (ETNB) Ownership Facts and Figures
Sometimes it is also beneficial to study the sentiment of large-scale investors towards the stock of the 89bio Inc industry. 89bio Inc’s current insider ownership accounts for 4.21%, in contrast to 92.37% institutional ownership. According to the most recent insider trade that took place on Dec 06 ’24, this organization’s Chief Executive Officer bought 5,000 shares at the rate of 7.89, making the entire transaction reach 39,450 in total value, affecting insider ownership by 471,236. Preceding that transaction, on Dec 05 ’24, Company’s Director bought 10,000 for 8.00, making the whole transaction’s value amount to 80,000. This particular insider is now the holder of 10,000 in total.
89bio Inc (ETNB) Earnings and Revenue Records
89bio Inc’s EPS decrease for this current 12-month fiscal period is -58.84% and is forecasted to reach -2.93 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 11.00% through the next 5 years, which can be compared against the -11.24% growth it accomplished over the previous five years trading on the market.
89bio Inc (NASDAQ: ETNB) Trading Performance Indicators
Let’s observe the current performance indicators for 89bio Inc (ETNB). It’s Quick Ratio in the last reported quarter now stands at 11.65. The Stock has managed to achieve an average true range (ATR) of 0.57.
In the same vein, ETNB’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -2.91, a figure that is expected to reach -0.75 in the next quarter, and analysts are predicting that it will be -2.93 at the market close of one year from today.
Technical Analysis of 89bio Inc (ETNB)
Now, what If we examine the latest scores posted by [89bio Inc, ETNB]. During the last 5-days, its volume was better the volume of 0.98 million it reported in year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 91.82% While, its Average True Range was 0.57.
Raw Stochastic average of 89bio Inc (ETNB) in the period of the previous 100 days is set at 36.83%, which indicates a major fall in contrast to 76.33% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 68.26% that was higher than 64.81% volatility it exhibited in the past 100-days period.
