The closing price of Trevena Inc (NASDAQ: TRVN) was $0.46 for the day, up 0.31% from the previous closing price of $0.46. In other words, the price has increased by $+0.0014 from its previous closing price. On the day, 141255 shares were traded. TRVN stock price reached its highest trading level at $0.4900 during the session, while it also had its lowest trading level at $0.4502.
Ratios:
Our analysis of TRVN’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 6.27 and its Current Ratio is at 6.41. In the meantime, Its Debt-to-Equity ratio is 9.95 whereas as Long-Term Debt/Eq ratio is at 9.67.
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 8.24M and an Enterprise Value of 8.61M. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.63 while its Price-to-Book (P/B) ratio in mrq is 1.91. Its current Enterprise Value per Revenue stands at 2.68 whereas that against EBITDA is -0.31.
Stock Price History:
Over the past 52 weeks, TRVN has reached a high of $3.28, while it has fallen to a 52-week low of $0.41. The 50-Day Moving Average of the stock is 0.5830, while the 200-Day Moving Average is calculated to be 0.7081.
Shares Statistics:
TRVN traded an average of 110.95K shares per day over the past three months and 143.44k shares per day over the past ten days. A total of 18.32M shares are outstanding, with a floating share count of 17.88M. Insiders hold about 2.41% of the company’s shares, while institutions hold 7.97% stake in the company. Shares short for TRVN as of Mar 15, 2024 were 73k with a Short Ratio of 0.66, compared to 37.55k on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 0.40% and a Short% of Float of 0.40%.
Earnings Estimates
The firm’s stock currently is rated by 2 analysts. On average, analysts expect EPS of -$0.38 for the current quarter, with a high estimate of -$0.24 and a low estimate of -$0.52, while EPS last year was -$0.73. The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.
Analysts are recommending an EPS of between -$2.31 and -$2.59 for the fiscal current year, implying an average EPS of -$2.45. EPS for the following year is -$1.3, with 2 analysts recommending between -$0.87 and -$1.73.
Revenue Estimates
A total of 2 analysts have provided revenue estimates for TRVN’s current fiscal year. The highest revenue estimate was $3.4M, while the lowest revenue estimate was $3.29M, resulting in an average revenue estimate of $3.35M. In the same quarter a year ago, actual revenue was $418k, up 701.40% from the average estimate. Based on 2 analysts’ estimates, the company’s revenue will be $3.44M in the next fiscal year. The high estimate is $5.9M and the low estimate is $970k. The average revenue growth estimate for next year is up 2.70% from the average revenue estimate for this year.
