Stock Mover of the Day: A Reversal for Nabriva Therapeutics AG – ADR Is Not Near. The Stock Reaches Yearly Low Today

Stock Mover of the Day: A Reversal for Nabriva Therapeutics AG   ADR Is Not Near. The Stock Reaches Yearly Low Today

The stock of Nabriva Therapeutics AG – ADR (NASDAQ:NBRV) hit a new 52-week low and has $6.16 target or 10.00% below today’s $6.84 share price. The 5 months bearish chart indicates high risk for the $144.16M company. The 1-year low was reported on Oct, 13 by If the $6.16 price target is reached, the company will be worth $14.42M less.
The 52-week low event is an important milestone for every stock because it shows very negative momentum and is time when sellers come in. During such technical setups, fundamental investors usually stay away and are careful buying the stock. About 12,836 shares traded hands. Nabriva Therapeutics AG – ADR (NASDAQ:NBRV) has declined 22.53% since March 10, 2016 and is downtrending. It has underperformed by 30.05% the S&P500.

Nabriva Therapeutics AG – ADR (NASDAQ:NBRV) Ratings Coverage

Out of 5 analysts covering Nabriva Therapeutics (NASDAQ:NBRV), 5 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. Nabriva Therapeutics has been the topic of 6 analyst reports since October 12, 2015 according to StockzIntelligence Inc. The rating was initiated by Wedbush on Tuesday, October 13 with “Outperform”. The firm has “Outperform” rating by RBC Capital Markets given on Thursday, November 12. Needham initiated it with “Buy” rating and $15 target price in Monday, October 12 report. RBC Capital Markets initiated Nabriva Therapeutics AG – ADR (NASDAQ:NBRV) rating on Tuesday, October 13. RBC Capital Markets has “Outperform” rating and $21 price target. The firm has “Buy” rating by Gabelli given on Wednesday, January 27. As per Tuesday, October 13, the company rating was initiated by Leerink Swann.

According to Zacks Investment Research, “Nabriva Therapeutics AG is a biopharmaceutical company. The Company is involved in the research and development of novel anti-infective agents to treat serious infections, which focus on the pleuromutilin class of antibiotics. Its product candidate consists of BC-3781, developed for the treatment of serious skin infections and bacterial pneumonia caused by MRSA and other drug resistant bacteria; BC-7013, a topical pleuromutilin antibiotic which are in different clinical trial. Nabriva Therapeutics AG is based in Vienna, Austria.”

More news for Nabriva Therapeutics AG – ADR (NASDAQ:NBRV) were recently published by:, which released: “Leerink: Time To Buy Nabriva Therapeutics’ ‘Unique Differentiation'” on October 13, 2015.‘s article titled: “Some ‘cheap’ biotech stocks that could be buyout targets, RBC says” and published on January 25, 2016 is yet another important article.

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