Eleven Biotherapeutics (EBIO) Stock Price Up 0%

Eleven Biotherapeutics Inc (NASDAQ:EBIO) shares rose 0% during mid-day trading on Wednesday . The company traded as high as $0.97 and last traded at $0.90. Approximately 1,260,499 shares were traded during mid-day trading, an increase of 17% from the average daily volume of 1,079,899 shares. The stock had previously closed at $0.90.

The stock has a market capitalization of $27.34, a PE ratio of -0.81 and a beta of 3.04.

Several institutional investors have recently bought and sold shares of EBIO. Virtu KCG Holdings LLC bought a new stake in Eleven Biotherapeutics in the 2nd quarter valued at about $175,000. Vanguard Group Inc. lifted its position in Eleven Biotherapeutics by 17.4% in the 2nd quarter. Vanguard Group Inc. now owns 206,450 shares of the biopharmaceutical company’s stock valued at $324,000 after purchasing an additional 30,600 shares during the last quarter. Finally, Municipal Employees Retirement System of Michigan acquired a new position in Eleven Biotherapeutics during the 3rd quarter valued at about $382,000. Institutional investors own 3.84% of the company’s stock.

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About Eleven Biotherapeutics

Eleven Biotherapeutics, Inc is a preclinical-stage biopharmaceutical company. The Company applies its AMP-Rx platform to the discovery and development of protein therapeutics to treat diseases of the eye. The Company’s product candidate, which is still in preclinical development, is EBI-031, which was designed, engineered and generated using its AMP-Rx platform and are developing as an intravitreal injection for diabetic macular edema (DME) and uveitis.

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