Trevena (NASDAQ:TRVN) Research Coverage Started at StockNews.com

StockNews.com initiated coverage on shares of Trevena (NASDAQ:TRVN) in a report issued on Friday. The brokerage issued a sell rating on the biopharmaceutical company’s stock.

Trevena Trading Down 1.6 %

Shares of NASDAQ:TRVN opened at $1.20 on Friday. The company has a 50-day moving average price of $1.54 and a 200-day moving average price of $1.88. The company has a market cap of $1.04 million, a price-to-earnings ratio of -0.03 and a beta of 1.05. Trevena has a 12 month low of $1.13 and a 12 month high of $11.25.

Trevena Company Profile

Trevena, Inc, a biopharmaceutical company, focuses on the development and commercialization of novel medicines for patients affected by central nervous system disorders. Its lead product candidates include OLINVYK (Oliceridine) injection, a G protein biased mu-opioid receptor (MOR) ligand for the management of moderate-to-severe acute pain; TRV250, a G protein biased delta-opioid receptor agonist for the treatment of acute migraine; TRV734, a small molecule G protein biased ligand of the MOR for the treatment of moderate-to-severe acute and chronic pain; and TRV045, a novel S1P modulator for managing chronic pain.