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Millennium Management LLC Invests $611,000 in Genfit S.A. (NASDAQ:GNFT)

Genfit logo with Medical background

Millennium Management LLC purchased a new position in Genfit S.A. (NASDAQ:GNFT - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 166,375 shares of the company's stock, valued at approximately $611,000. Millennium Management LLC owned 0.33% of Genfit as of its most recent filing with the Securities and Exchange Commission.

Genfit Stock Performance

NASDAQ:GNFT opened at $4.16 on Friday. Genfit S.A. has a 52 week low of $2.55 and a 52 week high of $6.42. The firm has a 50 day moving average of $3.91 and a 200 day moving average of $3.81. The company has a debt-to-equity ratio of 0.61, a current ratio of 3.74 and a quick ratio of 3.74.

About Genfit

(Free Report)

Genfit SA, a late-stage biopharmaceutical company, discovers and develops drug candidates and diagnostic solutions for metabolic and liver-related diseases. The company develops Elafibranor, which is in Phase III clinical trial to treat patients with primary biliary cholangitis. It also engages in the development of NIS4 technology for the diagnosis of nonalcoholic steatohepatitis (NASH) and fibrosis; VS-01 for the treatment of Urea Cycle Disorder (UCD) and Organic Acidemia Disorder (OAD); GNS561, which is in Phase 1b/2a trial to treat patients with cholangiocarcinoma (CCA); VS-01-ACLF and Nitazoxanide (NTZ), which is in Phase 1 trial to treat acute-on-chronic liver failure, as well as VS-02-HE, which is in preclinical trial for the treatment of Reduction of Hyperammonemia and the Stabilization of Blood Ammonia; CML-022; SRT-015, an ASK1 inhibitor targets the inhibition of cellular apoptosis, inflammation, and fibrosis.

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