Trevena Inc (NASDAQ: TRVN)’s stock price has gone decline by -13.04 in comparison to its previous close of 0.46, however, the company has experienced a -13.04% decrease in its stock price over the last five trading days. Zacks Investment Research reported 2023-06-05 that Tap five stocks with increasing P/E ratios to try out a different approach. These stocks include OpGen (OPGN), The RealReal (REAL), Trevena (TRVN), ChargePoint (CHPT) and Caterpillar (CAT).
Is It Worth Investing in Trevena Inc (NASDAQ: TRVN) Right Now?
TRVN has 36-month beta value of 1.09. Analysts have mixed views on the stock, with 5 analysts rating it as a “buy,” 2 as “overweight,” 1 as “hold,” and 0 as “sell.”
The public float for TRVN is 17.88M, and currently, short sellers hold a 0.41% ratio of that float. The average trading volume of TRVN on April 02, 2024 was 111.86K shares.
TRVN’s Market Performance
TRVN stock saw a decrease of -13.04% in the past week, with a monthly decline of -31.15% and a quarterly a decrease of -43.57%. The volatility ratio for the week is 10.58%, and the volatility levels for the last 30 days are 7.68% for Trevena Inc (TRVN). The simple moving average for the past 20 days is -24.67% for TRVN’s stock, with a -43.26% simple moving average for the past 200 days.
Analysts’ Opinion of TRVN
Guggenheim, on the other hand, stated in their research note that they expect to see TRVN reach a price target of $5. The rating they have provided for TRVN stocks is “Buy” according to the report published on September 14th, 2020.
Cantor Fitzgerald gave a rating of “Overweight” to TRVN, setting the target price at $5 in the report published on August 28th of the previous year.
TRVN Trading at -30.85% from the 50-Day Moving Average
After a stumble in the market that brought TRVN to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -87.80% of loss for the given period.
Volatility was left at 7.68%, however, over the last 30 days, the volatility rate increased by 10.58%, as shares sank -29.94% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -40.78% lower at present.
During the last 5 trading sessions, TRVN fell by -13.04%, which changed the moving average for the period of 200-days by -62.96% in comparison to the 20-day moving average, which settled at $0.5225. In addition, Trevena Inc saw -44.61% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for TRVN
Current profitability levels for the company are sitting at:
- -10.75 for the present operating margin
- 0.81 for the gross margin
The net margin for Trevena Inc stands at -9.16. The total capital return value is set at -0.88. Equity return is now at value -1014.56, with -90.25 for asset returns.
Based on Trevena Inc (TRVN), the company’s capital structure generated 0.91 points at debt to capital in total, while cash flow to debt ratio is standing at -1.07. The debt to equity ratio resting at 9.95. The interest coverage ratio of the stock is -14.94.
Currently, EBITDA for the company is -56.38 million with net debt to EBITDA at -0.01. When we switch over and look at the enterprise to sales, we see a ratio of 2.01. The receivables turnover for the company is 17.92for trailing twelve months and the total asset turnover is 0.07. The liquidity ratio also appears to be rather interesting for investors as it stands at 4.66.
Conclusion
To put it simply, Trevena Inc (TRVN) has had a bad performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
