Home  »  News   »  Roll up the Sleeves! When the bell rang at previou...

Roll up the Sleeves! When the bell rang at previous close Trevena Inc. (TRVN) was up 0.28%

For the readers interested in the stock health of Trevena Inc. (TRVN). It is currently valued at $0.22. When the transactions were called off in the previous session, Stock hit the highs of $0.2308, after setting-off with the price of $0.23. Company’s stock value dipped to $0.203 during the trading on the day. When the trading was stopped its value was $0.22.Recently in News on July 29, 2022, Trevena, Inc. Announces Closing of Registered Direct Offering of Preferred Stock. Trevena, Inc. (Nasdaq: TRVN) (“Trevena” or the “Company”), a biopharmaceutical company focused on the development and commercialization of novel medicines for patients with central nervous system (CNS) disorders, today announced the closing of its previously announced registered direct offering with a single healthcare-focused institutional investor for the purchase and sale of 1,800 shares of Series A convertible preferred stock (“Series A Preferred”) and 200 shares of Series B convertible preferred stock (“Series B Preferred”) and warrants exercisable to purchase up to an aggregate of 8,000,000 shares of common stock. Each share of preferred stock has a stated value of $1,000 per share and a conversion price of $0.25 per share. The shares of preferred stock issued in the offering are convertible into an aggregate of 8,000,000 shares of common stock. The warrants have an exercise price of $0.263 per share, will be exercisable beginning on the later of six months following the date of issuance and the effective date of a reverse stock split of the Company’s common stock in an amount sufficient to permit the exercise in full of the warrants, subject to stockholder approval of the reverse stock split, and will expire five and one-half years following the date of issuance. You can read further details here

Trevena Inc. had a pretty Dodgy run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $0.6435 on 01/11/22, with the lowest value was $0.1805 for the same time period, recorded on 05/11/22.

Top 5 Cheap Stocks to Own Right Now

While finding safe stocks with the potential for monster gains isn't always easy, we've found a few that could pay out well. In fact, within our report, "Top 5 Cheap Stock to Own Right Now", we have identified five stocks we believe could appreciate the most even if you just have $1,000 to invest.

Sign up here to get your free report now. .


Trevena Inc. (TRVN) full year performance was -84.07%

Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, Trevena Inc. shares are logging -85.89% during the 52-week period from high price, and 20.39% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $0.18 and $1.54.

The company’s shares, operating in the sector of Healthcare managed to top a trading volume set approximately around 1137688 for the day, which was evidently lower, when compared to the average daily volumes of the shares.

When it comes to the year-to-date metrics, the Trevena Inc. (TRVN) recorded performance in the market was -62.80%, having the revenues showcasing -26.19% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 37.92M, as it employees total of 43 workers.

Trevena Inc. (TRVN) in the eye of market guru’s

During the last month, 0 analysts gave the Trevena Inc. a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 0 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.

According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 0.3611, with a change in the price was noted -0.24. In a similar fashion, Trevena Inc. posted a movement of -53.10% for the period of last 100 days, recording 1,764,323 in trading volumes.

Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for TRVN is recording 0.00 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.00.

Trevena Inc. (TRVN): Stocks Technical analysis and Trends

Raw Stochastic average of Trevena Inc. in the period of last 50 days is set at 3.92%. The result represents downgrade in oppose to Raw Stochastic average for the period of the last 20 days, recording 6.05%. In the last 20 days, the company’s Stochastic %K was 5.44% and its Stochastic %D was recorded 5.43%.

If we look into the earlier routines of Trevena Inc., multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be encouraging, given the fact the metric is recording -62.80%. Additionally, trading for the stock in the period of the last six months notably deteriorated by -60.13%, alongside a downfall of -84.07% for the period of the last 12 months. The shares increased approximately by -17.60% in the 7-day charts and went up by -44.44% in the period of the last 30 days. Common stock shares were lifted by -26.19% during last recorded quarter.

Leave a Comment

Your email address will not be published.

On Key

Related Posts