Rohan Palekar - 89bio CEO Director

ETNB Stock  USD 8.38  0.40  5.01%   

Insider

Rohan Palekar is CEO Director of 89bio Inc
Age 58
Address 142 Sansome Street, San Francisco, CA, United States, 94104
Phone415 432 9270
Webhttps://www.89bio.com

Latest Insider Transactions

2024-02-26Disposed of 4477 shares @ 10.76View

Rohan Palekar Latest Insider Activity

Tracking and analyzing the buying and selling activities of Rohan Palekar against 89bio stock is an integral part of due diligence when investing in 89bio. Rohan Palekar insider activity provides valuable insight into whether 89bio is net buyers or sellers over its current business cycle. Note, 89bio insiders must abide by specific rules, including filing SEC forms every time they buy or sell 89bio'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

89bio Management Efficiency

The company has return on total asset (ROA) of (0.4136) % which means that it has lost $0.4136 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.7331) %, meaning that it created substantial loss on money invested by shareholders. 89bio's management efficiency ratios could be used to measure how well 89bio manages its routine affairs as well as how well it operates its assets and liabilities. As of November 22, 2024, Return On Tangible Assets is expected to decline to -0.25. In addition to that, Return On Capital Employed is expected to decline to -0.28. At present, 89bio's Total Assets are projected to increase significantly based on the last few years of reporting. The current year's Non Current Assets Total is expected to grow to about 2.9 M, whereas Net Tangible Assets are forecasted to decline to about 122 M.
89bio Inc currently holds 27.11 M in liabilities with Debt to Equity (D/E) ratio of 0.13, which may suggest the company is not taking enough advantage from borrowing. 89bio Inc has a current ratio of 5.69, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about 89bio's use of debt, we should always consider it together with its cash and equity.

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89bio, Inc., a clinical-stage biopharmaceutical company, focuses on the development and commercialization of therapies for the treatment of liver and cardio-metabolic diseases. The company also intends to develop pegozafermin for the treatment of severe hypertriglyceridemia. 89bio, Inc. was incorporated in 2018 and is headquartered in San Francisco, California. 89Bio operates under Biotechnology classification in the United States and is traded on NASDAQ Exchange. It employs 41 people. 89bio Inc (ETNB) is traded on NASDAQ Exchange in USA. It is located in 142 Sansome Street, San Francisco, CA, United States, 94104 and employs 70 people. 89bio is listed under Biotechnology category by Fama And French industry classification.

Management Performance

89bio Inc Leadership Team

Elected by the shareholders, the 89bio's board of directors comprises two types of representatives: 89bio inside directors who are chosen from within the company, and outside directors, selected externally and held independent of 89bio. The board's role is to monitor 89bio's management team and ensure that shareholders' interests are well served. 89bio's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, 89bio's outside directors are responsible for providing unbiased perspectives on the board's policies.
Harry MD, Chief Officer
Francis Sarena, Chief Officer
Rohan Palekar, CEO Director
Quoc LeNguyen, Chief Quality
Shiva CPA, Senior Officer
Shiva Natarajan, Senior Officer
Amanda Hill, VP Culture
Melissa Abel, VP Communications
Ryan Martins, Chief Officer
Paul Shin, Senior Operations
Yun Bai, Manufacturing Chemistry
Annie MBA, VP Communications
Michael Baldwin, VP Quality
Amanda Kurihara, Vice Culture

89bio Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is 89bio a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Also Currently Popular

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When determining whether 89bio Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of 89bio's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of 89bio Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on 89bio Inc Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in 89bio Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
Is Biotechnology space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of 89bio. If investors know 89bio will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about 89bio listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(2.96)
Return On Assets
(0.41)
Return On Equity
(0.73)
The market value of 89bio Inc is measured differently than its book value, which is the value of 89bio that is recorded on the company's balance sheet. Investors also form their own opinion of 89bio's value that differs from its market value or its book value, called intrinsic value, which is 89bio's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because 89bio's market value can be influenced by many factors that don't directly affect 89bio's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between 89bio's value and its price as these two are different measures arrived at by different means. Investors typically determine if 89bio is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 89bio's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.