Is SaverOne 2014 Ltd ADR (NASDAQ: SVRE) Back In The Buying Zone?

With over 4.73 million SaverOne 2014 Ltd ADR (SVRE) shares trading Monday and a closing price of $0.42 on the day, the dollar volume was approximately $1.99 million. The shares have shown a negative half year performance of -68.42% and its price on 11/27/23 gained nearly 43.70%.

An analysis of what Wall Street brokers have to say about the expected price targets for this stock gives us this picture: 1 analysts who have offered their price forecasts for SVRE have a consensus price objective of $5.00. The analysts have set the share’s price value over the next 12 months at a high of $5.00 and a low of $5.00. The average price target is 91.6% above its recent price level and an upside to the estimated low will see the stock gain 91.6% over that period. But an upside of 91.6% will see the stock hit the forecast high price target while median target price for the stock is $5.00.

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Shares of SaverOne 2014 Ltd ADR (NASDAQ: SVRE) opened at $0.32, up $0.03 from a prior closing price of $0.29. However, the script later moved the day high at 0.5398, up 43.70%. The company’s stock has a 5-day price change of 27.51% and -61.09% over the past three months. SVRE shares are trading -67.45% year to date (YTD), with the 12-month market performance down to -69.00% lower. It has a 12-month low price of $0.26 and touched a high of $2.60 over the same period. SVRE has an average intraday trading volume of 152.99K shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 22.29%, -20.12%, and -61.20% respectively.

Institutional ownership of SaverOne 2014 Ltd ADR (NASDAQ: SVRE) shares accounts for 10.64% of the company’s 5.56M shares outstanding.

It has a market capitalization of $2.89M and a beta (3y monthly) value of 1.22. The earnings-per-share (ttm) stands at -$1.57. Price movements for the stock have been influenced by the stock’s volatility, which stands at 28.15% over the week and 23.34% over the month.

If you are looking to buy this stock, then you may note that the average analyst recommendation by 1 brokerage firm advisors rate SaverOne 2014 Ltd ADR (SVRE) as a “Strong Buy” at a consensus score of 1.00. Specifically, 1 Wall Street analysts polled rate the stock as a buy, while 0 of the 1 advise that investors “hold,” and 0 rated it as a “Sell.”

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