MetaVia Inc. (NASDAQ:MTVA – Get Free Report) was the target of a significant growth in short interest during the month of May. As of May 29th, there was short interest totaling 408,434 shares, a growth of 489.9% from the May 14th total of 69,235 shares. Based on an average daily volume of 21,957,148 shares, the days-to-cover ratio is presently 0.0 days. Currently, 8.0% of the shares of the stock are sold short.
MetaVia Price Performance
Shares of MetaVia stock traded up $0.07 during trading on Wednesday, hitting $1.96. The stock had a trading volume of 235,673 shares, compared to its average volume of 2,230,112. The firm’s fifty day simple moving average is $1.81 and its 200-day simple moving average is $3.69. The stock has a market cap of $10.11 million, a PE ratio of -0.38 and a beta of 0.92. MetaVia has a 12 month low of $0.97 and a 12 month high of $19.03.
MetaVia (NASDAQ:MTVA – Get Free Report) last released its earnings results on Thursday, May 14th. The company reported ($0.79) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.76) by ($0.03). Analysts expect that MetaVia will post -2.78 earnings per share for the current fiscal year.
Institutional Investors Weigh In On MetaVia
Analyst Ratings Changes
MTVA has been the subject of several research reports. Weiss Ratings reiterated a “sell (e+)” rating on shares of MetaVia in a research report on Friday, April 24th. HC Wainwright reiterated a “buy” rating and set a $20.00 price objective on shares of MetaVia in a research report on Monday, May 18th. Finally, Wall Street Zen upgraded shares of MetaVia from a “sell” rating to a “hold” rating in a report on Saturday, March 28th. One investment analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $20.00.
View Our Latest Stock Report on MTVA
MetaVia Company Profile
MetaVia Inc is a clinical-stage biotechnology company focused on transforming cardiometabolic diseases. MetaVia Inc, formerly known as NeuroBo Pharmaceuticals Inc, is based in CAMBRIDGE, Mass.
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