Its valuation is considered undervalued, Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at max_target_price.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
89Bio Inc's Score
Industry at a Glance
Industry Ranking
252 / 501
Overall Ranking
455 / 4682
Industry
Biotechnology & Medical Research
Support & Resistance
Relevant data have not been disclosed by the company yet.
Score Analysis
Current score
Previous score
Analyst Rating
Based on
0
analysts
--
Current Rating
26.917
Target Price
+81.38%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
89Bio Inc Highlights
StrengthsRisks
89bio, Inc. is a clinical-stage biopharmaceutical company. The Company is focused on the development and commercialization of therapies for the treatment of liver and cardio-metabolic diseases. The Company’s lead product candidate, pegozafermin, a specifically engineered glycoPEGylated analog of fibroblast growth factor 21 (FGF21), is being developed for the treatment of nonalcoholic steatohepatitis (NASH) and for the treatment of severe hypertriglyceridemia (SHTG). Pegozafermin is engineered to protect against proteolysis and reduce renal clearance and optimize its potency, enabling the potential use of a lower dosage/dose. Pegozafermin has been optimally constructed with two mutations via substitutions with natural amino acids at site-specific positions (173 and 176) toward the C-terminus end of the hormone. It conducted a Phase I clinical trial to evaluate the safety, tolerability and pharmacokinetics (PK) of pegozafermin.
High Profit Growth
The company's net income leads the industry, with the latest annual income totaling USD 0.00.
Undervalued
The company’s latest PE is -4.02, at a low 3-year percentile range.
Institutional Selling
The latest institutional holdings are 154.05M shares, decreasing 12.61% quarter-over-quarter.
89bio, Inc. is a clinical-stage biopharmaceutical company. The Company is focused on the development and commercialization of therapies for the treatment of liver and cardio-metabolic diseases. The Company’s lead product candidate, pegozafermin, a specifically engineered glycoPEGylated analog of fibroblast growth factor 21 (FGF21), is being developed for the treatment of nonalcoholic steatohepatitis (NASH) and for the treatment of severe hypertriglyceridemia (SHTG). Pegozafermin is engineered to protect against proteolysis and reduce renal clearance and optimize its potency, enabling the potential use of a lower dosage/dose. Pegozafermin has been optimally constructed with two mutations via substitutions with natural amino acids at site-specific positions (173 and 176) toward the C-terminus end of the hormone. It conducted a Phase I clinical trial to evaluate the safety, tolerability and pharmacokinetics (PK) of pegozafermin.
Ticker SymbolETNB
Company89Bio Inc
CEOMr. Rohan Palekar
Websitehttps://www.89bio.com/
FAQs
What is the current price of 89Bio Inc (ETNB)?
The current price of 89Bio Inc (ETNB) is 14.840.
What is the symbol of 89Bio Inc?
The ticker symbol of 89Bio Inc is ETNB.
What is the 52-week high of 89Bio Inc?
The 52-week high of 89Bio Inc is 15.060.
What is the 52-week low of 89Bio Inc?
The 52-week low of 89Bio Inc is 4.160.
What is the market capitalization of 89Bio Inc?
The market capitalization of 89Bio Inc is 2.20B.
What is the net income of 89Bio Inc?
The net income of 89Bio Inc is -367.08M.
Is 89Bio Inc (ETNB) currently rated as Buy, Hold, or Sell?
According to analysts, 89Bio Inc (ETNB) has an overall rating of --, with a price target of 26.917.
What is the Earnings Per Share (EPS TTM) of 89Bio Inc (ETNB)?
The Earnings Per Share (EPS TTM) of 89Bio Inc (ETNB) is -3.688.