Eleven Biotherapeutics major shareholder Unloads $23,500 in Stock (EBIO)
Eleven Biotherapeutics (NASDAQ:EBIO) major shareholder Jafco Super V3 Investment Limi sold 2,000 shares of the stock on the open market in a transaction dated Thursday, August 14th. The shares were sold at an average price of $11.75, for a total transaction of $23,500.00. Following the completion of the sale, the insider now directly owns 2,125,291 shares in the company, valued at approximately $24,972,169. The transaction was disclosed in a document filed with the SEC, which is available at this link. Large shareholders that own at least 10% of a company’s shares are required to disclose their transactions with the SEC.
Eleven Biotherapeutics (NASDAQ:EBIO) traded up 0.68% on Friday, hitting $11.92. The stock had a trading volume of 32,340 shares. Eleven Biotherapeutics has a 52-week low of $9.502 and a 52-week high of $19.333. The stock has a 50-day moving average of $12.09 and a 200-day moving average of $13.01. The company’s market cap is $183.5 million.
Eleven Biotherapeutics (NASDAQ:EBIO) last posted its quarterly earnings results on Wednesday, August 13th. The company reported ($0.51) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.47) by $0.04. Analysts expect that Eleven Biotherapeutics will post $-1.84 EPS for the current fiscal year.
Eleven Biotherapeutics, Inc, is a United States-based company, which develops protein-based biotherapeutics.
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