How to Buy 89bio Stock
89bio Inc
89bio, Inc. , a clinical-stage biopharmaceutical company, focuses on the development and commercialization of therapies for the treatment of liver and cardio-metabolic diseases.
89bio stock last closed at $6.06, up 2.89% from the previous day, and has decreased 33.84% in one year. It has overperformed other stocks in the Biotechnology industry by 0.45 percentage points. 89bio stock is currently +45.67% from its 52-week low of $4.16, and -48.82% from its 52-week high of $11.84.
There are currently 145.98M ETNB shares outstanding. The market value of ETNB is $884.66M. In the last 24 hours, 1.02M ETNB shares were traded.
How to Buy 89bio Stock
Not sure how to invest in 89bio stock? Here's how.
- Figure out where to buy 89bio stock: You need to choose a stock brokerage, but don't worry - we've tried dozens of online stock brokerages and apps to help you determine where to buy 89bio stock.
- Open your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Fund your brokerage account: Choose your method of payment and add your info.
- Research 89bio stock: The 89bio ticker symbol is ETNB. Is 89bio stock a good investment? Should you buy shares of ETNB? How do ETNB's underlying business fundamentals look? Do top analysts think 89bio is a good buy? Why has ETNB's stock price moved recently? (Hint: Our stock market analysis website can help you decide if ETNB is a good stock to buy).
- Execute your ETNB trade: Decide if you will purchase ETNB shares at the current market price or use a limit order to purchase ETNB stock at a specific price.
- Get the latest scoop on your investment in ETNB: Create a watchlist to important notifications about your investment in 89bio stock.
Step 1: Figure out where to buy 89bio stock
You need an online brokerage account to access the NASDAQ market and buy ETNB stock.
Our favorite brokerage: eToro
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Open eToro AccountStep 2: Open your brokerage account
Now that you've picked the right brokerage, you'll need to fill out some personal information so you can buy ETNB stock today.
How to Create a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal details to start a new trading account.
- Send your details by hitting the "Create Account" button. Get started with eToro today
Step 3: Fund your brokerage account
Now that you've finished signing up on one of the most highly reviewed stock market apps, you can securely and quickly fund your account:
Check out the tutorial below to see the process of depositing funds into your new investment account.
Step 4: Research 89bio stock
After you have chosen the best place to buy 89bio stock, it's very important to research their stock before you invest, so you can wrap your head around the risk and opportunity.
Overview of key ETNB info
89bio Overview
WallStreetZen was built to help average investors perform more in-depth fundamental analysis.
You can see all of the due diligence checks on ETNB's stock page.
Is ETNB stock undervalued or overvalued?
Investors use many financial metrics, analyses, models, and charts to gauge ETNB's intrinsic value.
Using relative valuations measures:
- ETNB may be undervalued based on its P/B ratio of 2.21x, relative to Biotechnology industry P/B ratio of 4.05x
You can access more valuation analysis on ETNB's stock here.
ETNB Financials at a glance
Pros:
- ETNB has cash burn of 367838000. It has sufficient cash and short-term investments to cover this for at least one year.
- ETNB has a low debt to equity ratio of 0.19.
- There are more short-term assets than short-term liabilities on the ETNB balance sheet.
- There are more short-term assets than long-term liabilities on the ETNB balance sheet.
Cons:
- Total ETNB debt is higher than 5 years ago, relative to shareholder equity.
- ETNB has $439.96M in cash and short term investments. This is not sufficient to cover its annual cash burn of $367.84M.
Is ETNB stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 5 sell side analysts who research ETNB, the consensus analyst rating on 89bio is a Strong Buy
Please keep in mind that analyst ratings are not stock recommendations, nor are they financial advice.
Latest ETNB Analyst Ratings
Steven Seedhouse, a top 15% analyst from Raymond James maintains ETNB with a strong buy rating and lowers their ETNB price target from $53.00 to $49.00, on Nov 8, 2024.
You can dig deeper into what analysts are projecting on the 89bio stock forecast page.
ETNB Technical Indicators
Latest Insiders Trades at ETNB
In the last year, insiders at ETNB have bought more shares than they have sold.
Quoc Lenguyen, Chief Technical Operations Officer of ETNB, was the latest ETNB insider to sell. They sold $91,207.55 worth of ETNB shares on Apr 15, 2025.
Dig into more about who owns ETNB shares here.
Does ETNB provide a stable income stream?
No, 89bio doesn't provide an income stream by paying out dividends.
What others are saying about ETNB
One of the primary reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to learn what other investors have to say.
Step 5: Execute your ETNB trade
You have two primary order types:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are generally fine for most investors. - Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
If you want to be sure you're buying or selling at a specific price, place a limit order.
Click the Open button and eToro will execute your order.
If you want more help investing in stocks on eToro, watch the helpful video below:
Step 6: Get the latest scoop on your investment in ETNB
Now that you own some shares in ETNB, you'll want to keep up with your new shares.
Make a watchlist to keep track of your ETNB stock.
ETNB Feed
How to Buy Stock in 89bio
To summarize, here are the 6 steps to buy 89bio stock:
- Figure out where to buy 89bio stock
- Open your brokerage account
- Fund your brokerage account
- Research 89bio stock
- Execute your ETNB trade
- Get the latest scoop on your investment in ETNB
If you require a brokerage, eToro is our favorite option.
Get Started with eToro TodayIf you would like to keep tabs on your investment in 89bio, hit the button below to create your watchlist.
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