Trevena Stock Price Down 6.5% After Earnings Miss (TRVN)
Trevena (NASDAQ:TRVN)’s share price traded down 6.5% during trading on Wednesday following a dissappointing earnings announcement, American Banking and Market News reports. The stock traded as low as $5.90 and last traded at $6.00, with a volume of 61,352 shares. The stock had previously closed at $6.42.
The company reported ($0.44) EPS for the quarter, missing the Thomson Reuters consensus estimate of ($0.35) by $0.09.
The stock has a 50-day moving average of $5.87 and a 200-day moving average of $6.09. The company’s market cap is $157.7 million.
Trevena, Inc (NASDAQ:TRVN) is a clinical stage biopharmaceutical company.
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