Trevi Therapeutics Inc [TRVI] stock prices are up 8.59% to $3.16 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The TRVI shares have gain 5.69% over the last week, with a monthly amount glided 1.94%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Trevi Therapeutics Inc [NASDAQ: TRVI] stock has seen the most recent analyst activity on August 30, 2024, when Raymond James initiated its Outperform rating and assigned the stock a price target of $9. Previously, H.C. Wainwright started tracking the stock with Buy rating on August 30, 2024, and set its price target to $6. On June 13, 2024, Rodman & Renshaw initiated with a Buy rating and assigned a price target of $7 on the stock. B. Riley Securities started tracking the stock assigning a Buy rating and suggested a price target of $6 on April 12, 2023. SVB Leerink initiated its recommendation with a Outperform and recommended $6 as its price target on November 22, 2022. SVB Leerink started tracking with a Outperform rating for this stock on June 03, 2019, and assigned it a price target of $14. In a note dated June 03, 2019, Stifel initiated an Buy rating and provided a target price of $20 on this stock.
The stock price of Trevi Therapeutics Inc [TRVI] has been fluctuating between $0.97 and $4.00 over the past year. Currently, Wall Street analysts expect the stock to reach $12 within the next 12 months. Trevi Therapeutics Inc [NASDAQ: TRVI] shares were valued at $3.16 at the most recent close of the market. An investor can expect a potential return of 279.75% based on the average TRVI price forecast.
Analyzing the TRVI fundamentals
Gross Profit Margin for this corporation currently stands at 0.19% with Operating Profit Margin at -245.3%, Pretax Profit Margin comes in at -220.36%, and Net Profit Margin reading is -220.3%. To continue investigating profitability, this company’s Return on Assets is posted at -0.53, Equity is -0.5 and Total Capital is -0.64. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.02.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 2.99 points at the first support level, and at 2.82 for the second support level. However, for the 1st resistance point, the stock is sitting at 3.25, and for the 2nd resistance point, it is at 3.34.
Ratios To Look Out For
It’s worth pointing out that Trevi Therapeutics Inc [NASDAQ:TRVI]’s Current Ratio is 10.68. On the other hand, the Quick Ratio is 10.68, and the Cash Ratio is 1.92.
Transactions by insiders
Recent insider trading involved Meeker David P, Director, that happened on Aug 27 ’24 when 4555.0 shares were sold. Officer, Meeker David P completed a deal on Aug 27 ’24 to buy 4555.0 shares. Meanwhile, Chief Scientific Officer SCIASCIA THOMAS sold 16496.0 shares on Aug 19 ’24.
