Entera Bio Ltd. Looks to Continue to Trade Above its Annual-High Share Price Today

April 11, 2022 09:49:44

Entera Bio Ltd. (NASDAQ:ENTX) traded today at a new 52-week high of $10.15. Approximately 100.6 million shares have changed hands today, as compared to an average 30-day volume of 37,000 shares.

Entera Bio Ltd is a clinical-stage biopharmaceutical company focused on the development and commercialization of orally delivered large molecule therapeutics for use in areas with significant unmet medical need and where adoption of injectable therapies is limited due to cost, convenience and compliance challenges for patients. The company’s product candidates, EB613 for the treatment of osteoporosis and EB612 for the treatment of hypoparathyroidism are in clinical development. The company recently completed the phase 2 study for EB613. The company also licenses its technology to biopharmaceutical companies for use with their proprietary compounds and, to date, has established a collaboration with Amgen Inc.

Over the past year, Entera Bio Ltd. has traded in a range of $1.00 to $8.68 and is now at $2.52.

Based on a current price of $2.52, Entera Bio Ltd. is currently 1.0% above its average consensus analyst price target of $2.50.

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