Closing Bell Recap: Trevena Inc (TRVN) Ends at 0.25, Reflecting a -30.59 Downturn

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Trevena Inc (NASDAQ: TRVN) closed the day trading at $0.25 down -30.59% from the previous closing price of $0.35. In other words, the price has decreased by -$30.59 from its previous closing price. On the day, 39.22 million shares were traded. TRVN stock price reached its highest trading level at $0.353 during the session, while it also had its lowest trading level at $0.191.

Ratios:

For a better understanding of TRVN, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 3.60 and its Current Ratio is at 3.60.

On September 14, 2020, Guggenheim started tracking the stock assigning a Buy rating and target price of $5.

On August 28, 2020, Cantor Fitzgerald started tracking the stock assigning a Overweight rating and target price of $5.Cantor Fitzgerald initiated its Overweight rating on August 28, 2020, with a $5 target price.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, TRVN now has a Market Capitalization of 4511886 and an Enterprise Value of 17470874. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.44. Its current Enterprise Value per Revenue stands at 5.566 whereas that against EBITDA is -0.503.

Stock Price History:

Over the past 52 weeks, TRVN has reached a high of $1.12, while it has fallen to a 52-week low of $0.30. The 50-Day Moving Average of the stock is -38.46%, while the 200-Day Moving Average is calculated to be -55.80%.

Shares Statistics:

Over the past 3-months, TRVN traded about 176.83K shares per day on average, while over the past 10 days, TRVN traded about 3997900 shares per day. A total of 18.34M shares are outstanding, with a floating share count of 17.90M. Insiders hold about 2.41% of the company’s shares, while institutions hold 12.19% stake in the company. Shares short for TRVN as of 1715731200 were 20335 with a Short Ratio of 0.25, compared to 1713139200 on 58929. Therefore, it implies a Short% of Shares Outstanding of 20335 and a Short% of Float of 0.11.

Earnings Estimates

At present, 2.0 analysts are actively evaluating the performance of Trevena Inc (TRVN) in the stock market.On average, analysts expect EPS of -$0.4 for the current quarter, with a high estimate of -$0.37 and a low estimate of -$0.44, while EPS last year was -$0.69. The consensus estimate for the next quarter is -$0.35, with high estimates of -$0.28 and low estimates of -$0.42.

Analysts are recommending an EPS of between -$1.29 and -$1.64 for the fiscal current year, implying an average EPS of -$1.47. EPS for the following year is -$1.37, with 2.0 analysts recommending between -$0.79 and -$1.94.

Revenue Estimates

Based on 2 analysts’ estimates, the company’s revenue will be $8.95M in the next fiscal year. The high estimate is $14.9M and the low estimate is $3M.

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