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Shares of Enanta Pharmaceuticals (NASDAQ:ENTA) were flat in after-market trading after the company reported Q4 results.
Quarterly Results
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Earnings per share decreased 431.82% over the past year to ($1.46), which missed the estimate of ($0.95).
Revenue of $23,631,000 declined by 53.95% from the same period last year, which missed the estimate of $25,740,000.
Looking Ahead
Enanta Pharmaceuticals hasn't issued any earnings guidance for the time being.
Revenue guidance hasn't been issued by the company for now.
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Date: Nov 23, 2020
Time: 04:30 PM
Technicals
52-week high: $67.88
Company's 52-week low was at $38.40
Price action over last quarter: down 5.21%
Company Overview
Enanta Pharmaceuticals Inc is an American biotechnology company focused on research and development of molecule drugs to cure viral infections and liver diseases. The targeted diseases are hepatitis C, hepatitis B, nonalcoholic steatohepatitis, and the respiratory syncytial virus. The novelty of company research is a specific direct-acting antiviral inhibitor against the hepatitis C virus. The company's inhibitors have been developed in collaboration with AbbVie. AbbVie markets the protease inhibitor, paritaprevir, while other inhibitors are in the pipeline.
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New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.