Eleven Biotherapeutics Inc. (EBIO) Trading Down 5.9%
Eleven Biotherapeutics Inc. (NASDAQ:EBIO)’s share price fell 5.9% during mid-day trading on Wednesday . The company traded as low as $4.97 and last traded at $5.09, with a volume of 1,498,912 shares traded. The stock had previously closed at $5.41.
The firm’s market cap is $79.12 million. The stock has a 50-day moving average price of $3.18 and a 200-day moving average price of $1.45.
Eleven Biotherapeutics (NASDAQ:EBIO) last announced its quarterly earnings data on Friday, August 12th. The biopharmaceutical company reported ($0.33) earnings per share for the quarter. On average, equities analysts anticipate that Eleven Biotherapeutics Inc. will post ($1.75) earnings per share for the current fiscal year.
In related news, major shareholder Boxer Capital, Llc sold 1,042,000 shares of the firm’s stock in a transaction dated Monday, June 13th. The stock was sold at an average price of $2.74, for a total transaction of $2,855,080.00. The sale was disclosed in a legal filing with the SEC, which is available through this link.
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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