Enzon Pharmaceuticals Inc (NASDAQ:ENZN) major shareholder Carl C. Icahn purchased 694,023 shares of the company’s stock in a transaction on Monday, November 28th. The stock was acquired at an average price of $0.41 per share, with a total value of $284,549.43. The purchase was disclosed in a document filed with the SEC, which is available at this hyperlink. Major shareholders that own 10% or more of a company’s stock are required to disclose their sales and purchases with the SEC.

Enzon Pharmaceuticals Inc (NASDAQ:ENZN) opened at 0.4719 on Wednesday. The firm has a market cap of $20.86 million and a P/E ratio of 1.3108. The firm has a 50 day moving average of $0.38 and a 200 day moving average of $0.39. Enzon Pharmaceuticals Inc has a 1-year low of $0.35 and a 1-year high of $1.10.

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Enzon Pharmaceuticals Company Profile

Enzon Pharmaceuticals, Inc receives royalty revenues from existing licensing arrangements with other companies primarily related to sales of four marketed drug products: PegIntron, Sylatron, Macugen and CIMZIA. The Company has no clinical operations and limited corporate operations. PegIntron is used both as a monotherapy and in combination with REBETOL (ribavirin) capsules for the treatment of chronic hepatitis C.

5 Day Chart for NASDAQ:ENZN

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