Acquisition by Rohan Palekar of 33333 shares of 89bio subject to Rule 16b-3

ETNB Stock  USD 8.99  0.15  1.64%   
About 56% of 89bio's investor base is looking to short. The analysis of the overall investor sentiment regarding 89bio Inc suggests that many traders are alarmed. The current market sentiment, together with 89bio's historical and current headlines, can help investors time the market. In addition, many technical investors use 89bio Inc stock news signals to limit their universe of possible portfolio assets.
  
Filed transaction by 89bio Inc director. Grant, award or other acquisition pursuant to Rule 16b-3(d)

Read at macroaxis.com
89bio insider trading alert for grant of common stock by Rohan Palekar, Chief Executive Officer, on 4th of April 2023. This event was filed by 89bio Inc with SEC on 2023-04-04. Statement of changes in beneficial ownership - SEC Form 4

Cash Flow Correlation

89bio's cash-flow correlation analysis can be used to evaluate the unsystematic risk during the given period. It also helps investors identify the 89bio's relationships between the major components of the statement of changes in financial position and other commonly used cash-related accounts. When such correlations are discovered, they may help managers and analysts to enhance performance or determine appealing investment opportunities.
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89bio Investor Sentiment by Other News Outlets

Investor sentiment, mood or attitude towards 89bio can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.

89bio Fundamental Analysis

We analyze 89bio's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of 89bio using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of 89bio based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Shares Owned By Insiders

Shares Owned By Insiders Comparative Analysis

89bio is currently under evaluation in shares owned by insiders category among its peers. Shares Owned by Insiders show the percentage of outstanding shares owned by insiders (such as principal officers or members of the board of directors) or private individuals and entities with over 5% of the total shares outstanding. Company executives or private individuals with access to insider information share information about a firm's operations that is not available to the general public.

89bio Inc Potential Pair-trading

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with 89bio stock to make a market-neutral strategy. Peer analysis of 89bio could also be used in its relative valuation, which is a method of valuing 89bio by comparing valuation metrics with similar companies.

Peers

89bio Related Equities

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HEPAHepion Pharmaceuticals   4.69   
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PLRXPliant Therapeutics   2.00   
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STOKStoke Therapeutics   1.68   
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HOOKHookipa Pharma   1.61   
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DAWNDay One   1.53   
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MREOMereo BioPharma   1.40   
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ABOSAcumen Pharmaceuticals   0.44   
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3.0%
AKROAkero Therapeutics   0.22   
1.0%
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INZYInozyme Pharma   0.37   
3.0%
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TGTXTG Therapeutics   0.57   
4.0%
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MDGLMadrigal Pharmaceuticals   0.98   
8.0%
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ACLXArcellx   1.12   
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TERNTerns Pharmaceuticals   1.58   
13.0%
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VKTXViking Therapeutics   2.88   
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