SaverOne 2014 (NASDAQ:SVRE) Issues Quarterly Earnings Results, Misses Expectations By $5.80 EPS

SaverOne 2014 (NASDAQ:SVRE) released its earnings results on Monday. The company reported ($51.79) earnings per share (EPS) for the quarter, missing the consensus estimate of ($45.99) by ($5.80), FiscalAI reports. The company had revenue of $0.05 million for the quarter, compared to the consensus estimate of $1.84 million.

SaverOne 2014 Stock Performance

NASDAQ SVRE opened at $3.04 on Tuesday. The company has a quick ratio of 2.85, a current ratio of 3.48 and a debt-to-equity ratio of 0.02. SaverOne 2014 has a twelve month low of $2.20 and a twelve month high of $143.28. The business has a 50-day moving average price of $3.32 and a 200-day moving average price of $13.80.

Analyst Ratings Changes

Separately, Weiss Ratings reiterated a “sell (e)” rating on shares of SaverOne 2014 in a research report on Monday, December 29th. One analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Reduce”.

SaverOne 2014 Company Profile

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. The company was incorporated in 2014 and is headquartered in Petah Tikva, Israel.