SaverOne 2014 (NASDAQ:SVRE) Shares Scheduled to Reverse Split on Wednesday, December 10th

SaverOne 2014 Ltd. Sponsored ADR (NASDAQ:SVRE) shares are going to reverse split before the market opens on Wednesday, December 10th. The 1-5 reverse split was recently announced. The number of shares owned by shareholders will be adjusted after the market closes on Tuesday, December 9th.

SaverOne 2014 Stock Performance

Shares of NASDAQ:SVRE opened at $1.07 on Friday. SaverOne 2014 has a 1-year low of $0.77 and a 1-year high of $63.60. The firm’s 50 day simple moving average is $1.20 and its two-hundred day simple moving average is $2.00. The company has a quick ratio of 2.85, a current ratio of 3.48 and a debt-to-equity ratio of 0.02.

Wall Street Analyst Weigh In

Several analysts have recently commented on SVRE shares. Zacks Research upgraded shares of SaverOne 2014 to a “hold” rating in a research report on Thursday, September 11th. Wall Street Zen upgraded SaverOne 2014 from a “sell” rating to a “hold” rating in a research note on Saturday, August 30th. Finally, Weiss Ratings reissued a “sell (e)” rating on shares of SaverOne 2014 in a report on Monday. One research analyst has rated the stock with a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Reduce”.

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.