Minerva Neurosciences Inc (NASDAQ:NERV) traded at a new 52-week low today of $2.08. This new low was reached on below average trading volume as 173,000 shares traded hands, while the average 30-day volume is approximately 662,000 shares.
Based on a current price of $2.11, Minerva Neurosciences Inc is currently 62.6% above its average consensus analyst price target of $0.79.
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 $2.08 and a high of $4.12 and is now at $2.11.
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