Enanta Pharmaceuticals Inc (ENTA)

[DC15]

In 2020 the lowest it went was in the $40s. The only time outside of 2013 and 2023 that ENTA ever neared the $18s was in 2016, and the close that day was $21.72 on 7/28/16.

These low prices today may also reflect broader economic fears, but the lack of faith in Enanta is real.

While I expect Enanta to pursue high risk / high reward opportunities and I believe that their molecule development teams are very skilled I am sometimes troubled by their follow the others forays such as RNA destabilizers and now possibly immunotherapies.