Shares of Pharvaris (NASDAQ:PHVS - Get Free Report) saw an uptick in trading volume on Friday . 60,790 shares changed hands during trading, a decline of 12% from the previous session's volume of 69,045 shares.The stock last traded at $16.26 and had previously closed at $15.83.
Analyst Ratings Changes
Several research analysts have issued reports on the stock. Cantor Fitzgerald started coverage on shares of Pharvaris in a report on Tuesday. They issued an "overweight" rating and a $28.00 target price for the company. JMP Securities upped their price objective on Pharvaris from $46.00 to $55.00 and gave the company a "market outperform" rating in a research report on Friday, January 31st.
Check Out Our Latest Analysis on Pharvaris
Pharvaris Stock Performance
The stock has a fifty day moving average of $14.96 and a 200-day moving average of $18.08. The company has a market cap of $966.32 million, a PE ratio of -6.60 and a beta of -2.84.
Pharvaris (NASDAQ:PHVS - Get Free Report) last posted its earnings results on Monday, April 7th. The company reported ($0.68) EPS for the quarter, beating analysts' consensus estimates of ($0.74) by $0.06. As a group, equities analysts anticipate that Pharvaris will post -2.71 EPS for the current fiscal year.
Institutional Trading of Pharvaris
Institutional investors have recently modified their holdings of the stock. JPMorgan Chase & Co. lifted its stake in shares of Pharvaris by 1,125.3% in the fourth quarter. JPMorgan Chase & Co. now owns 3,100 shares of the company's stock worth $59,000 after buying an additional 2,847 shares in the last quarter. Cubist Systematic Strategies LLC purchased a new position in Pharvaris in the 4th quarter worth approximately $64,000. Barclays PLC acquired a new position in shares of Pharvaris during the 3rd quarter worth approximately $106,000. KLP Kapitalforvaltning AS purchased a new stake in shares of Pharvaris in the fourth quarter valued at approximately $111,000. Finally, Point72 Asset Management L.P. acquired a new stake in shares of Pharvaris in the fourth quarter valued at approximately $152,000.
About Pharvaris
(
Get Free Report)
Pharvaris N.V., a clinical-stage biopharmaceutical company, focuses on the development and commercialization of therapies for rare diseases. The company develops PHA121, a small molecule bradykinin B2-receptor antagonist for the treatment of hereditary angioedema (HAE). It also develops PHVS416, an on-demand, rapid exposure soft capsule for patients suffering from acute HAE attacks which is under Phase 2 clinical trial; and PHVS719, a prophylactic extended-release tablet for HAE patients which is under Phase 1 clinical trial.
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