Minerva Neurosciences Inc Looks to Continue to Trade Below its Annual-Low Share Price Today

July 19, 2021 11:15:17

Minerva Neurosciences Inc (NASDAQ:NERV) traded today at a new 52-week low of $1.92. Approximately 173,000 shares have changed hands today, as compared to an average 30-day volume of 670,000 shares.

Minerva Neurosciences Inc is a clinical-stage biopharmaceutical company. The company primarily focuses on the development and
commercialization of a portfolio of product candidates to treat patients suffering from central nervous system diseases. Targeted disorders include
schizophrenia, insomnia, major depressive disorder and Parkinson’s disease. Its product portfolio and potential indications include Roluperidone
for the treatment of negative symptoms in patients with schizophrenia; Seltorexant, for the treatment of insomnia disorder and major depressive
disorder; MIN-117 for the treatment of MDD; and MIN-301 for the treatment of Parkinson’s disease.

In the past 52 weeks, shares of Minerva Neurosciences Inc have traded between the current low of $1.92 and a high of $4.12 and is now at $1.96.

Minerva Neurosciences Inc (NASDAQ:NERV) defies analysts with a current price ($1.96) 67.1% above its average consensus price target of $0.65.

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