Trevena Inc. (NASDAQ: TRVN) is 12.15% higher on its value in year-to-date trading and has touched a low of $0.46 and a high of $3.68 in the current 52-week trading range. The TRVN stock was last observed hovering at around $2.40 in the last trading session, with the day’s loss setting it -0.15% off its average median price target of $5.00 for the next 12 months. It is also 62.5% off the consensus price target high of $6.00 offered by 4 analysts, but current levels are 55.0% higher than the price target low of $5.00 for the same period.
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Currently trading at $2.25, the stock is 0.21% and -5.42% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.27 million and changing -6.24% at the moment leaves the stock 18.88% off its SMA200. TRVN registered 175.86% gain for a year compared to 6-month gain of 50.00%. The firm has a 50-day simple moving average (SMA 50) of $2.2953 and a 200-day simple moving average (SMA200) of $2.3018.
The stock witnessed a 2.13% loss in the last 1 month and extending the period to 3 months gives it a -26.38%, and is 12.15% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 5.64% over the week and 5.74% over the month.
Trevena Inc. (TRVN) has around 24 employees, a market worth around $379.99M and $3.00M in sales. Distance from 52-week low is 389.20% and -38.85% from its 52-week high.
Trevena Inc. (TRVN) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for Trevena Inc. (TRVN) is a “Buy”. 4 analysts offering their recommendations for the stock have an average rating of 1.70, where 0 rate it as a Hold and 0 think it is a “Overweight”. 4 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
Trevena Inc. is expected to release its quarterly report on 05/06/2021 and quarterly earnings per share for the current quarter are estimated at -$0.07.The EPS is expected to grow by 35.20% this year, but quarterly earnings will post 9,577.40% year-over-year.
Trevena Inc. (TRVN) Top Institutional Holders
72 institutions hold shares in Trevena Inc. (TRVN), with 2.48M shares held by insiders accounting for 1.58% while institutional investors hold 11.84% of the company’s shares. The shares outstanding are 157.03M, and float is at 155.53M with Short Float at 14.78%. Institutions hold 11.65% of the Float.
The top institutional shareholder in the company is Vanguard Group, Inc. (The) with over 6.77 million shares valued at $20.23 million. The investor’s holdings represent 4.31% of the TRVN Shares outstanding. As of Sep 29, 2020, the second largest holder is NEA Management Company, LLC with 3.81 million shares valued at $11.4 million to account for 2.43% of the shares outstanding. The other top investors are Blackrock Inc. which holds 2.35 million shares representing 1.49% and valued at over $7.02 million, while Geode Capital Management, LLC holds 0.66% of the shares totaling 1.04 million with a market value of $3.1 million.
Trevena Inc. (TRVN) Insider Activity
A total of 9 insider transactions have happened at Trevena Inc. (TRVN) in the last six months, with sales accounting for 4 and purchases happening 5 times.
Trevena Inc. (TRVN): Who are the competitors?
The company’s main competitors (and peers) include Arena Pharmaceuticals Inc. (ARNA) that is trading 66.72% up over the past 12 months. AcelRx Pharmaceuticals Inc. (ACRX) is -31.47% down on the 1-year trading charts. Short interest in the company’s stock has fallen -2.96% from the last report on Nov 12, 2020 to stand at a total of 23.66 million short shares sold with a short interest ratio of 7.17.