SaverOne 2014 (NASDAQ:SVRE) Stock Price Down 4.2% – What’s Next?

SaverOne 2014 Ltd. Sponsored ADR (NASDAQ:SVRE)’s stock price traded down 4.2% on Monday . The stock traded as low as $2.45 and last traded at $2.72. Approximately 24,644 shares changed hands during trading, a decline of 36% from the average session volume of 38,290 shares. The stock had previously closed at $2.84.

Analysts Set New Price Targets

Separately, Weiss Ratings cut SaverOne 2014 from a “sell (e+)” rating to a “sell (e)” rating in a research report on Wednesday, June 17th. One investment analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, SaverOne 2014 has a consensus rating of “Reduce”.

SaverOne 2014 Stock Down 4.2%

The stock’s 50-day moving average price is $4.29 and its 200 day moving average price is $4.44. The company has a debt-to-equity ratio of 0.02, a current ratio of 2.34 and a quick ratio of 1.88.

SaverOne 2014 (NASDAQ:SVRE) last announced its quarterly earnings data on Friday, March 27th. The company reported ($51.79) earnings per share (EPS) for the quarter, missing the consensus estimate of ($45.99) by ($5.80). The company had revenue of $0.05 million for the quarter, compared to the consensus estimate of $1.83 million.

Insider Buying and Selling at SaverOne 2014

In related news, Director Visionwave Holdings, Inc. purchased 5,529,600 shares of the company’s stock in a transaction dated Wednesday, June 3rd. The stock was acquired at an average cost of $4.00 per share, for a total transaction of $22,118,400.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

SaverOne 2014 Company Profile

SaverOne 2014 Ltd, a technology company, engages in the design, development, and commercialization of transportation and safety solutions to save lives by preventing car accidents. The company is developing SaverOne Driver Distraction Prevention Solution system, an advanced driver safety solution that can identify and monitor mobile phones located in the driver's vicinity and selectively block use of life-threatening applications; and solutions for detection of vulnerable road users. The company was incorporated in 2014 and is headquartered in Petah Tikva, Israel.