SaverOne 2014 (NASDAQ:SVRE) Trading Down 12.9% – Should You Sell?

SaverOne 2014 Ltd. (NASDAQ:SVREGet Free Report)’s share price dropped 12.9% on Wednesday . The company traded as low as $0.36 and last traded at $0.37. Approximately 991,787 shares changed hands during trading, an increase of 62% from the average daily volume of 612,808 shares. The stock had previously closed at $0.43.

SaverOne 2014 Trading Down 12.9 %

The company has a quick ratio of 1.28, a current ratio of 1.81 and a debt-to-equity ratio of 0.08. The firm has a 50 day simple moving average of $0.81 and a two-hundred day simple moving average of $1.95.

SaverOne 2014 shares are going to reverse split on Friday, February 21st. The 1-13 reverse split was announced on Tuesday, February 18th. The number of shares owned by shareholders will be adjusted after the closing bell on Thursday, February 20th.

SaverOne 2014 Company Profile

(Get Free Report)

SaverOne 2014 Ltd, a technology company, engages in the design, development, and commercialization of transportation and safety solutions to save lives by preventing car accidents. The company is developing SaverOne Driver Distraction Prevention Solution system, an advanced driver safety solution that can identify and monitor mobile phones located in the driver's vicinity and selectively block use of life-threatening applications; and solutions for detection of vulnerable road users.

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