Eleven Biotherapeutics Inc. (NASDAQ:EBIO)’s share price traded down 3.5% during trading on Wednesday . The company traded as low as $4.98 and last traded at $5.01, with a volume of 624,566 shares. The stock had previously closed at $5.19.

The company has a 50-day moving average price of $3.73 and a 200-day moving average price of $1.67. The company’s market capitalization is $72.04 million.

Eleven Biotherapeutics (NASDAQ:EBIO) last released its quarterly earnings data on Friday, August 12th. The biopharmaceutical company reported ($0.33) earnings per share (EPS) for the quarter. Equities analysts expect that Eleven Biotherapeutics Inc. will post ($1.75) earnings per share for the current year.

In other news, major shareholder Boxer Capital, Llc sold 1,042,000 shares of Eleven Biotherapeutics stock in a transaction that occurred 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 SEC, which is available at this hyperlink.

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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