Eterna Therapeutics Stock Today

ERNA Stock  USD 0.26  0.01  3.70%   

Performance

0 of 100

 
Weak
 
Strong
Very Weak

Odds Of Distress

Over 85

 
High
 
Low
Very High
Eterna Therapeutics is trading at 0.26 as of the 17th of December 2024, a 3.7 percent decrease since the beginning of the trading day. The stock's open price was 0.27. Eterna Therapeutics has a very high chance of experiencing financial distress in the next few years of operation. It has also generated negative returns for investors over the last 90 days. The performance scores are derived for the period starting the 17th of November 2024 and ending today, the 17th of December 2024. Click here to learn more.
Business Domain
Pharmaceuticals, Biotechnology & Life Sciences
IPO Date
19th of October 1992
Category
Healthcare
Classification
Health Care
Brooklyn ImmunoTherapeutics, Inc., a clinical stage biopharmaceutical company, engages in developing therapies to treat patients with cancer. Brooklyn ImmunoTherapeutics, Inc. is based in Brooklyn, New York. Eterna Therapeutics operates under Biotechnology classification in the United States and is traded on NASDAQ Exchange. The company has 51.37 M outstanding shares of which 115.02 K shares are currently shorted by private and institutional investors with about 1.07 trading days to cover. More on Eterna Therapeutics

Moving together with Eterna Stock

  0.94VALN Valneva SE ADRPairCorr

Moving against Eterna Stock

  0.81DYAI Dyadic InternationalPairCorr
  0.8ESPR Esperion Therapeutics Buyout TrendPairCorr
  0.77BMY Bristol Myers SquibbPairCorr
  0.59GILD Gilead SciencesPairCorr
  0.58DNA Ginkgo Bioworks HoldingsPairCorr

Eterna Stock Highlights

President CEOSanjeev Luther
Thematic Ideas
(View all Themes)
Business ConcentrationBiotechnology, Pharmaceuticals, Biotechnology & Life Sciences, Health Care, NASDAQ Composite, NASDAQ Health Care, Computers, Health Management, Biotech, Health Care, Biotechnology, Biotechnology, Healthcare, Computing (View all Sectors)
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.00150.0016
Notably Down
Slightly volatile
Total Current Liabilities5.9 M6.6 M
Fairly Down
Very volatile
Non Current Liabilities Total42.3 M40.3 M
Sufficiently Up
Slightly volatile
Total Assets51.6 M49.1 M
Sufficiently Up
Slightly volatile
Total Current Assets9.8 M9.6 M
Fairly Up
Pretty Stable
Eterna Therapeutics can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Eterna Therapeutics' financial leverage. It provides some insight into what part of Eterna Therapeutics' total assets is financed by creditors.
Liquidity
Eterna Therapeutics currently holds 41.84 M in liabilities with Debt to Equity (D/E) ratio of 0.19, which may suggest the company is not taking enough advantage from borrowing. Eterna Therapeutics has a current ratio of 3.02, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about Eterna Therapeutics' use of debt, we should always consider it together with its cash and equity.

Change In Cash

(4.06 Million)
Eterna Therapeutics (ERNA) is traded on NASDAQ Exchange in USA. It is located in 1035 Cambridge Street, Cambridge, MA, United States, 02141 and employs 8 people. Eterna Therapeutics is listed under Biotechnology category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 14.85 M. Eterna Therapeutics conducts business under Biotechnology sector and is part of Health Care industry. The entity has 51.37 M outstanding shares of which 115.02 K shares are currently shorted by private and institutional investors with about 1.07 trading days to cover. Eterna Therapeutics currently holds about 19.41 M in cash with (20.41 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 6.6, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Check Eterna Therapeutics Probability Of Bankruptcy
Ownership Allocation
Eterna Therapeutics holds a total of 51.37 Million outstanding shares. Roughly 89.01 percent of Eterna Therapeutics outstanding shares are held by general public with 10.99 % by other corporate entities. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Eterna Ownership Details

Eterna Stock Institutional Holders

InstituionRecorded OnShares
Tower Research Capital Llc2024-09-30
K
A. Montag & Associates Inc2024-06-30
212
Bank Of America Corp2024-09-30
123
Morgan Stanley - Brokerage Accounts2024-09-30
50.0
Activest Wealth Management2024-09-30
50.0
Royal Bank Of Canada2024-06-30
22.0
Group One Trading, Lp2024-09-30
19.0
Citigroup Inc2024-09-30
15.0
Jpmorgan Chase & Co2024-09-30
14.0
Ci Private Wealth Llc2024-09-30
262.9 K
Cypress Point Wealth Management, Llc2024-09-30
94.4 K
View Eterna Therapeutics Diagnostics

Eterna Therapeutics Historical Income Statement

At present, Eterna Therapeutics' Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Research Development is expected to grow to about 7.3 M, whereas Total Revenue is forecasted to decline to about 64.6 K. View More Fundamentals

Eterna Stock Against Markets

Eterna Therapeutics Corporate Management

Andrew JacksonChief OfficerProfile
Robert MDChief OfficerProfile
Susan McClatcheyVP QualityProfile
Sandra GurrolaPrincipal FinanceProfile
Megan YungChief OfficerProfile
Roger MDChief OfficerProfile
When determining whether Eterna Therapeutics offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Eterna Therapeutics' 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 Eterna Therapeutics Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Eterna Therapeutics Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eterna Therapeutics. 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.
For information on how to trade Eterna Stock refer to our How to Trade Eterna Stock guide.
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 Eterna Therapeutics. If investors know Eterna 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 Eterna Therapeutics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(8.31)
Revenue Per Share
0.03
Return On Assets
(0.29)
Return On Equity
(11.54)
The market value of Eterna Therapeutics is measured differently than its book value, which is the value of Eterna that is recorded on the company's balance sheet. Investors also form their own opinion of Eterna Therapeutics' value that differs from its market value or its book value, called intrinsic value, which is Eterna Therapeutics' 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 Eterna Therapeutics' market value can be influenced by many factors that don't directly affect Eterna Therapeutics' 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 Eterna Therapeutics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Eterna Therapeutics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Eterna Therapeutics' 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.