Trevi Therapeutics, Inc. (NASDAQ:TRVI – Get Free Report) has earned an average rating of “Buy” from the twelve research firms that are currently covering the company, Marketbeat reports. One equities research analyst has rated the stock with a sell recommendation, nine have issued a buy recommendation and two have given a strong buy recommendation to the company. The average twelve-month target price among analysts that have issued ratings on the stock in the last year is $22.90.
Several research firms have recently weighed in on TRVI. HC Wainwright reiterated a “buy” rating and set a $21.00 target price on shares of Trevi Therapeutics in a research report on Wednesday, May 6th. JonesTrading decreased their target price on Trevi Therapeutics from $25.00 to $24.00 and set a “buy” rating for the company in a research report on Thursday, March 19th. Needham & Company LLC reiterated a “buy” rating and set a $23.00 target price on shares of Trevi Therapeutics in a research report on Wednesday, May 20th. D. Boral Capital reiterated a “buy” rating and set a $19.00 target price on shares of Trevi Therapeutics in a research report on Friday, April 17th. Finally, Wall Street Zen downgraded Trevi Therapeutics from a “hold” rating to a “sell” rating in a research report on Saturday, May 9th.
Read Our Latest Report on TRVI
Institutional Trading of Trevi Therapeutics
Trevi Therapeutics Stock Up 3.2%
NASDAQ TRVI opened at $14.66 on Thursday. The company has a fifty day moving average of $14.02 and a two-hundred day moving average of $12.52. The firm has a market capitalization of $2.08 billion, a price-to-earnings ratio of -45.81 and a beta of 1.04. Trevi Therapeutics has a 52 week low of $5.41 and a 52 week high of $16.12.
Trevi Therapeutics (NASDAQ:TRVI – Get Free Report) last released its earnings results on Tuesday, May 5th. The company reported ($0.09) earnings per share for the quarter, missing the consensus estimate of ($0.07) by ($0.02). Equities research analysts anticipate that Trevi Therapeutics will post -0.47 EPS for the current year.
About Trevi Therapeutics
Trevi Therapeutics, Inc is a clinical-stage biopharmaceutical company focused on the development of novel non-opioid therapies for the management of chronic and acute pain. The company leverages proprietary drug delivery platforms and targeted molecular approaches to address high unmet needs in cancer-related pain, chemotherapy-induced neuropathy and other severe pain conditions.
Its lead product candidate is a proprietary formulation of tetrodotoxin (TTX), a sodium-channel blocking agent being evaluated in early-stage clinical trials for moderate-to-severe pain associated with advanced cancer and peripheral neuropathy.
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