NeuroVive Pharmaceutical (OTCMKTS:NEVPF) Trading 10.5% Higher

NeuroVive Pharmaceutical AB (OTCMKTS:NEVPF)’s share price traded up 10.5% during trading on Tuesday . The company traded as high as $0.11 and last traded at $0.09, 2,450 shares changed hands during trading. A decline of 90% from the average session volume of 25,428 shares. The stock had previously closed at $0.08.

A number of equities research analysts recently commented on the company. ValuEngine raised NeuroVive Pharmaceutical from a “hold” rating to a “buy” rating in a research note on Thursday, April 2nd. Zacks Investment Research cut NeuroVive Pharmaceutical from a “buy” rating to a “hold” rating in a research report on Wednesday, May 13th.

The firm has a 50-day moving average price of $0.11 and a two-hundred day moving average price of $0.12.

About NeuroVive Pharmaceutical (OTCMKTS:NEVPF)

NeuroVive Pharmaceutical AB (publ) engages in the research and development of mitochondrial medicine in Sweden and internationally. Its product portfolio includes NeuroSTAT, a drug candidate that is in phase II clinical trial for the treatment of traumatic brain injuries; and KL1333 that is in phase I clinical trial for the treatment of genetic mitochondrial diseases.

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