The trading price of SaverOne 2014 Ltd ADR (NASDAQ:SVRE) closed higher on current market day and closing at $0.13, 2.67% higher than its previous close.
Traders who pay close attention to intraday price movement should know that it fluctuated between $0.127 and $0.1345. In examining the 52-week price action we see that the stock hit a 52-week high of $1.50 and a 52-week low of $0.12. Over the past month, the stock has lost -28.51% in value.
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SaverOne 2014 Ltd ADR, whose market valuation is $3.21 million at the time of this writing, is expected to release its quarterly earnings report in November. Investors’ optimism about the company’s current quarter earnings report is understandable.
On the technical side, indicators suggest SVRE has a 100% Sell on average for the short term. According to the data of the stock’s medium term indicators, the stock is currently averaging as a 100% Sell, while an average of long term indicators suggests that the stock is currently 100% Sell.
A quick review shows that SVRE’s price is currently -12.75% off the SMA20 and -37.62% off the SMA50. The RSI metric on the 14-day chart is currently showing 30.76, and weekly volatility stands at 6.68%. When measured over the past 30 days, the indicator reaches 9.84%. SaverOne 2014 Ltd ADR (NASDAQ:SVRE)’s beta value is currently sitting at 2.22, while the Average True Range indicator is currently displaying 0.02.
To see how SaverOne 2014 Ltd ADR stock has been performing in comparison to its peers in the industry, here are the numbers: SVRE stock’s performance was 2.67% in the latest trading, and -79.64% in the past year.
An evaluation of the daily trading volume of SaverOne 2014 Ltd ADR (NASDAQ:SVRE) indicates that the 3-month average is 2.16 million. However, this figure has increased over the past 10 days to an average of 7.91.
Currently, records show that 13.92 million of the company’s shares remain outstanding. The institutions hold 49.55%. The stats also highlight that short interest as of 2024-09-13, stood at 0.15 million shares, resulting in a short ratio of 0.07 at that time. From this, we can conclude that short interest is 79.00 of the company’s total outstanding shares. It is noteworthy that short shares in September were up slightly from the previous month’s figure, which was 57175.0. However, since the stock’s price has seen -81.36% year-to-date, investors’ interest is likely to be reignited due to its potential to move even lower.
