Are Things Looking Up For Eton Pharmaceuticals Inc (NASDAQ: ETON)?

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 Drug Manufacturers – Specialty & Generic industry segment. The current market capitalization of Eton Pharmaceuticals Inc is $383.81M. A total of 0.34 million shares were traded on the day, compared to an average of 228.37K shares.

In the most recent transaction, Opaleye Management Inc. bought 10,000 shares of ETON for 7.98 per share on Oct 23 ’24. After the transaction, the 10% Owner now owns 2,770,000 company shares. In a previous transaction on Oct 08 ’24, Opaleye Management Inc. bought 33,970 shares at 7.03 per share. ETON shares that 10% Owner owns now total 2,760,000.

Among the insiders who bought shares, Opaleye Management Inc. acquired of 16,852 shares on Oct 04 ’24 at a per-share price of $6.77. This resulted in the 10% Owner holding 2,720,000 shares of ETON after the transaction. In another insider transaction, Opaleye Management Inc. bought 11,248 shares at $7.22 per share on Oct 07 ’24. Company shares held by the 10% Owner now total 2,730,000.

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, ETON has a high of $15.00 and a low of $3.03.

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. ETON’s latest balance sheet shows that the firm has $14.41M in Cash & Short Term Investments as of fiscal 2021. There were $6.70M in debt and $4.56M in liabilities at the time. Its Book Value Per Share was $0.62, while its Total Shareholder’s Equity was $17.63M.

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 ETON is Buy with a score of 5.00.

Most Popular

Related Posts