SaverOne 2014 (NASDAQ:SVRE) Trading Down 4.2% – Time to Sell?

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

Analysts Set New Price Targets

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

SaverOne 2014 Stock Performance

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

SaverOne 2014 (NASDAQ:SVRE) last announced its earnings results 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 during the quarter, compared to the consensus estimate of $1.83 million.

Insider Transactions at SaverOne 2014

In other news, Director Visionwave Holdings, Inc. purchased 5,529,600 shares of the stock in a transaction on Wednesday, June 3rd. The stock was bought at an average price of $4.00 per share, with a total value of $22,118,400.00. The purchase was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

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.