Eleven Biotherapeutics Inc. (EBIO) Sees Strong Trading Volume
Eleven Biotherapeutics Inc. (NASDAQ:EBIO) saw unusually-high trading volume on Friday . Approximately 14,433,729 shares were traded during trading, an increase of 323% from the previous session’s volume of 3,414,570 shares.The stock last traded at $2.62 and had previously closed at $1.96.
The stock’s market cap is $38.17 million. The stock has a 50 day moving average of $1.88 and a 200-day moving average of $1.13.
In other news, major shareholder Boxer Capital, Llc sold 1,042,000 shares of Eleven Biotherapeutics stock in a transaction on Monday, June 13th. The shares were sold at an average price of $2.74, for a total transaction of $2,855,080.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.
Eleven Biotherapeutics, Inc is a clinical-stage biopharmaceutical company. The Company through AMP-Rx, a protein engineering platform, is engaged in the discovery and development of protein therapeutics to treat diseases of the eye. The Company designs, engineers and generates a pipeline of protein therapeutic candidates that target cytokines, which are central to diseases of the eye.
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