After Hours
The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours.
Stocks Info
The company is listed on the NASDAQ and operates within the Biotechnology industry segment. The current market capitalization of 89bio Inc is $938.30M. A total of 0.8 million shares were traded on the day, compared to an average of 939.93K shares.
In the most recent transaction, PALEKAR ROHAN bought 5,000 shares of ETNB for 7.89 per share on Dec 06 ’24. After the transaction, the Chief Executive Officer now owns 471,236 company shares. In a previous transaction on Dec 05 ’24, McWherter Charles bought 10,000 shares at 8.00 per share. ETNB shares that Director owns now total 10,000.
Among the insiders who bought shares, PALEKAR ROHAN acquired of 10,000 shares on Nov 22 ’24 at a per-share price of $8.35. This resulted in the Chief Executive Officer holding 466,236 shares of ETNB after the transaction. In another insider transaction, Le-Nguyen Quoc sold 27,955 shares at $8.12 per share on Oct 30 ’24. Company shares held by the insider now total 187,796.
It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. In terms of 52-week highs and lows, ETNB has a high of $16.63 and a low of $6.43.
Balance Sheet Annually/Quarterly
An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information. ETNB’s latest balance sheet shows that the firm has $150.72M in Cash & Short Term Investments as of fiscal 2021. There were $19.40M in debt and $19.54M in liabilities at the time. Its Book Value Per Share was $3.56, while its Total Shareholder’s Equity was $125.96M.
Analysts Opinion
There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for ETNB is Buy with a score of 4.56.
