SaverOne 2014 (NASDAQ:SVRE) Shares Scheduled to Reverse Split on Wednesday, December 10th

Shares of SaverOne 2014 Ltd. Sponsored ADR (NASDAQ:SVRE) are scheduled to reverse split on Wednesday, December 10th. The 1-5 reverse split was recently announced. The number of shares owned by shareholders will be adjusted after the market closes on Tuesday, December 9th.

SaverOne 2014 Price Performance

SVRE stock opened at $0.91 on Friday. SaverOne 2014 has a 1 year low of $0.77 and a 1 year high of $63.60. The company has a current ratio of 3.48, a quick ratio of 2.85 and a debt-to-equity ratio of 0.02. The stock’s fifty day moving average is $1.27 and its two-hundred day moving average is $2.16.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on SVRE. Weiss Ratings reiterated a “sell (e)” rating on shares of SaverOne 2014 in a research report on Monday. Zacks Research upgraded shares of SaverOne 2014 to a “hold” rating in a research note on Thursday, September 11th. Finally, Wall Street Zen raised SaverOne 2014 from a “sell” rating to a “hold” rating in a report on Saturday, August 30th. One analyst has rated the stock with a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Reduce”.

About SaverOne 2014

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.