The stock of Entero Therapeutics Inc. (ENTO) has seen a -14.87% decrease in the past week, with a 68.43% gain in the past month, and a -12.30% decrease in the past quarter. The volatility ratio for the week is 14.96%, and the volatility levels for the past 30 days are at 24.44% for ENTO. The simple moving average for the past 20 days is 9.69% for ENTO’s stock, with a -76.88% simple moving average for the past 200 days.
Is It Worth Investing in Entero Therapeutics Inc. (NASDAQ: ENTO) Right Now?
The 36-month beta value for ENTO is also noteworthy at 1.33. There are mixed opinions on the stock, with 1 analysts rating it as a “buy,” 0 rating it as “overweight,” 1 rating it as “hold,” and 0 rating it as “sell.”
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The public float for ENTO is 4.62M, and at present, short sellers hold a 6.40% of that float. The average trading volume of ENTO on October 29, 2024 was 820.07K shares.
ENTO) stock’s latest price update
The stock of Entero Therapeutics Inc. (NASDAQ: ENTO) has decreased by -8.23 when compared to last closing price of 0.63.Despite this, the company has seen a loss of -14.87% in its stock price over the last five trading days. globenewswire.com reported 2024-08-23 that BOCA RATON, Fla., Aug. 23, 2024 (GLOBE NEWSWIRE) — Entero Therapeutics, Inc., (NASDAQ: ENTO), (“Entero Therapeutics” or the “Company”), a clinical-stage biopharmaceutical company specializing in the development of targeted, non-systemic therapies for gastrointestinal (GI) diseases, today announced that it received a letter from the Listing Qualifications Department of the Nasdaq Stock Market (“Nasdaq”) advising that, because the Company failed to timely file its Quarterly Report on Form 10-Q for the fiscal quarter ended June 30, 2024 (the “Form 10-Q”), the Company was not in compliance with Nasdaq Listing Rule 5250(c)(1) (the “Rule”). Nasdaq has informed the Company that it has until October 21, 2024, to submit a plan to regain compliance with the Rule. If Nasdaq approves the Company’s plan, it has the discretion to grant the Company an extension of up to 180 calendar days from the due date of the Form 10-Q (or until February 17, 2025) to regain compliance.
ENTO Trading at 32.83% from the 50-Day Moving Average
After a stumble in the market that brought ENTO to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -96.01% of loss for the given period.
Volatility was left at 24.44%, however, over the last 30 days, the volatility rate increased by 14.96%, as shares surge +68.09% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +91.69% upper at present.
During the last 5 trading sessions, ENTO fell by -14.87%, which changed the moving average for the period of 200-days by -86.51% in comparison to the 20-day moving average, which settled at $0.5277. In addition, Entero Therapeutics Inc. saw -86.22% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at ENTO starting from Romano Sarah, who sale 476 shares at the price of $0.45 back on Oct 09 ’24. After this action, Romano Sarah now owns 18,014 shares of Entero Therapeutics Inc., valued at $212 using the latest closing price.
Romano Sarah, the Chief Financial Officer of Entero Therapeutics Inc., sale 621 shares at $1.07 during a trade that took place back on Jul 02 ’24, which means that Romano Sarah is holding 18,490 shares at $664 based on the most recent closing price.
Stock Fundamentals for ENTO
The total capital return value is set at -0.28. Equity return is now at value -26.93, with -21.31 for asset returns.
Based on Entero Therapeutics Inc. (ENTO), the company’s capital structure generated 0.0 points at debt to capital in total, while cash flow to debt ratio is standing at -54.78. The debt to equity ratio resting at 0.0. The interest coverage ratio of the stock is -270.85.
Currently, EBITDA for the company is -15.74 million with net debt to EBITDA at 0.02. The liquidity ratio also appears to be rather interesting for investors as it stands at 5.49.
Conclusion
In summary, Entero Therapeutics Inc. (ENTO) has had a bad performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
