Enanta Pharmaceuticals Inc (NASDAQ:ENTA) has been downgraded to Hold in a statement by Zacks Investment Research earlier today.
- Updated: October 16, 2016
Zacks Investment Research has downgraded Enanta Pharmaceuticals Inc (NASDAQ:ENTA) to Hold in a statement released on 10/11/2016.
On Tuesday September 27, 2016, Zacks Investment Research reported on Enanta Pharmaceuticals Inc (NASDAQ:ENTA) upped the target price from $0.00 to $30.00. At the time, this suggested an upside of 0.13%.
Displaying a price of $25.74, Enanta Pharmaceuticals Inc (NASDAQ:ENTA) traded -2.15% lower on the day. With the last stock price up -2.98% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. The company has recorded a 50-day moving average of $24.67 and a 200-day moving average of $24.85. 124,514 shares of the stock traded hands, down from an avg. volume of 252,411
With a total market value of $0, Enanta Pharmaceuticals Inc has PE ratio of 15.95 with a one year low of $16.75 and a one year high of $41.38 .
More About Enanta Pharmaceuticals Inc (NASDAQ:ENTA)
Enanta Pharmaceuticals Inc. is a research and development-focused biotechnology company. The Company uses chemistry-driven approach and drug discovery solutions to create molecule drugs primarily for the treatment of viral infections and liver diseases. The Company is engaged in discovering and developing inhibitors designed for use against the hepatitis C virus (HCV), as well as compounds for non-alcoholic steatohepatitis (NASH) and primary biliary cirrhosis (PBC). The Company is involved in a program to develop nucleotide inhibitors to HCV NS5B polymerase. In its NASH program, the Company is developing agonists of the farnesoid X receptor, or FXR, that are designed to bind to that receptor and then trigger a response from it. The Company is also engaged in a program in PBC, another disease of the liver that can result in liver damage, liver failure, or hepatocellular carcinoma. Its pipeline of products includes Paritaprevir, ABT-493, EDP-239, ABT-494 and EDP-494.
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