SaverOne 2014 (NASDAQ:SVRE) Trading 0.4% Higher – Still a Buy?

SaverOne 2014 Ltd. Sponsored ADR (NASDAQ:SVRE) shares were up 0.4% during mid-day trading on Friday . The stock traded as high as $2.66 and last traded at $2.42. Approximately 21,952 shares were traded during trading, a decline of 60% from the average session volume of 55,178 shares. The stock had previously closed at $2.41.

Analysts Set New Price Targets

Separately, Weiss Ratings raised SaverOne 2014 from a “sell (e)” rating to a “sell (e+)” rating in a research report on Monday, July 6th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company has a consensus rating of “Sell”.

SaverOne 2014 Trading Up 0.4%

The company has a current ratio of 8.39, a quick ratio of 7.53 and a debt-to-equity ratio of 0.02. The stock’s fifty day simple moving average is $3.07 and its 200-day simple moving average is $3.49.

About SaverOne 2014

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.