Nabriva Therapeutics (NASDAQ:NBRV) Shares Down 5.1%

Nabriva Therapeutics plc (NASDAQ:NBRV) shares traded down 5.1% on Thursday . The stock traded as low as $1.12 and last traded at $1.12. 5,499 shares traded hands during trading, a decline of 99% from the average session volume of 974,000 shares. The stock had previously closed at $1.18.

A number of equities analysts have recently commented on NBRV shares. Zacks Investment Research upgraded shares of Nabriva Therapeutics from a “hold” rating to a “buy” rating and set a $1.25 price objective for the company in a research report on Wednesday. HC Wainwright reiterated a “neutral” rating on shares of Nabriva Therapeutics in a research report on Wednesday, May 26th.

The company has a current ratio of 4.29, a quick ratio of 3.80 and a debt-to-equity ratio of 0.09. The company has a fifty day simple moving average of $1.34.

Nabriva Therapeutics (NASDAQ:NBRV) last posted its quarterly earnings data on Thursday, May 6th. The biotechnology company reported ($0.53) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.67) by $0.14. Nabriva Therapeutics had a negative net margin of 506.93% and a negative return on equity of 81.28%. The company had revenue of $2.53 million during the quarter, compared to the consensus estimate of $2.25 million. On average, equities analysts predict that Nabriva Therapeutics plc will post -1.33 EPS for the current year.

A number of institutional investors have recently bought and sold shares of NBRV. FMR LLC lifted its stake in Nabriva Therapeutics by 77.0% in the first quarter. FMR LLC now owns 3,261,500 shares of the biotechnology company’s stock worth $7,958,000 after purchasing an additional 1,418,800 shares during the last quarter. Renaissance Technologies LLC lifted its stake in Nabriva Therapeutics by 1,025.0% in the fourth quarter. Renaissance Technologies LLC now owns 342,360 shares of the biotechnology company’s stock worth $829,000 after purchasing an additional 311,927 shares during the last quarter. Squarepoint Ops LLC bought a new stake in Nabriva Therapeutics in the first quarter worth $260,000. Jane Street Group LLC bought a new stake in Nabriva Therapeutics in the first quarter worth $78,000. Finally, Virtu Financial LLC bought a new stake in Nabriva Therapeutics in the fourth quarter worth $53,000. 0.86% of the stock is owned by institutional investors and hedge funds.

Nabriva Therapeutics Company Profile (NASDAQ:NBRV)

Nabriva Therapeutics plc, a biopharmaceutical company, engages in the development and commercialization of novel anti-infective agents to treat serious infections. The company's product includes XENLETA, a semi-synthetic pleuromutilin antibiotic for the treatment of community-acquired bacterial pneumonia; and SIVEXTRO, an oxazolidinone-class antibacterial for the treatment of acute bacterial skin and skin structure infection (ABSSSI).

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