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ObsEva SA (OBSV) – Don’t Be So Quick to Call it Dead

ObsEva SA (NASDAQ: OBSV) is -17.38% lower on its value in year-to-date trading and has touched a low of $0.08 and a high of $2.14 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The OBSV stock was last observed hovering at around $0.13 in the last trading session, with the day’s loss setting it -0.01% off its average median price target of $1.00 for the next 12 months. It is also 88.0% off the consensus price target high of $1.00 offered by 1 analysts, but current levels are 88.0% higher than the price target low of $1.00 for the same period.

Currently trading at $0.12, the stock is -21.57% and -32.80% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.03 million and changing -7.78% at the moment leaves the stock -76.27% off its SMA200. OBSV registered -89.30% loss for a year compared to 6-month gain of -32.51%.

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The stock witnessed a -37.80% loss in the last 1 month and extending the period to 3 months gives it a -21.70%, and is -20.56% down 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 14.95% over the week and 24.12% over the month.

ObsEva SA (OBSV) has around 51 employees, a market worth around $14.58M and $8.60M in sales. Fwd P/E is 1.09. Distance from 52-week low is 49.75% and -94.40% from its 52-week high. The company has generated returns on investments over the last 12 months (-92.80%).

ObsEva SA (OBSV) Analyst Forecasts

Analyst recommendations provided by FactSet shows that the consensus forecast for ObsEva SA (OBSV) is a “Hold”. 1 analysts offering their recommendations for the stock have an average rating of 3.00, where 1 rate it as a Hold and 0 think it is a “Overweight”. 0 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.

ObsEva SA is expected to release its quarterly report on 05/17/2023.The EPS is expected to grow by 53.40% this year

ObsEva SA (OBSV) Top Institutional Holders

The shares outstanding are 104.02M, and float is at 97.92M with Short Float at 0.73%.

ObsEva SA (OBSV) Insider Activity

A total of 0 insider transactions have happened at ObsEva SA (OBSV) in the last six months, with sales accounting for 0 and purchases happening 0 times. The most recent transaction is an insider purchase by Loumaye Ernest, the company’s Director. SEC filings show that Loumaye Ernest bought 4,000,000 shares of the company’s common stock on Feb 28 at a price of $0.11 per share for a total of $0.44 million. Following the purchase, the insider now owns 6.0 million shares.

ObsEva SA (OBSV): Who are the competitors?

The company’s main competitors (and peers) include Omeros Corporation (OMER) that is -32.36% lower over the past 12 months.

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