Trevena (NASDAQ:TRVN) Share Price Passes Above Fifty Day Moving Average – What’s Next?

Trevena, Inc. (NASDAQ:TRVNGet Free Report)’s share price crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $0.30 and traded as high as $0.90. Trevena shares last traded at $0.02, with a volume of 1,077 shares.

Trevena Trading Up 25.0%

The business has a 50-day moving average price of $0.30 and a two-hundred day moving average price of $0.84. The firm has a market capitalization of $14,385.00, a price-to-earnings ratio of 0.00 and a beta of 0.45.

Trevena Company Profile

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Trevena, Inc, a biopharmaceutical company, focuses on the development and commercialization of novel medicines for patients affected by central nervous system disorders. Its lead product candidates include OLINVYK (Oliceridine) injection, a G protein biased mu-opioid receptor (MOR) ligand for the management of moderate-to-severe acute pain; TRV250, a G protein biased delta-opioid receptor agonist for the treatment of acute migraine; TRV734, a small molecule G protein biased ligand of the MOR for the treatment of moderate-to-severe acute and chronic pain; and TRV045, a novel S1P modulator for managing chronic pain.

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