Shares of Valneva SE Sponsored ADR (NASDAQ:VALN - Get Free Report) saw unusually-high trading volume on Friday . Approximately 2,094,686 shares were traded during mid-day trading, an increase of 3,213% from the previous session's volume of 63,226 shares.The stock last traded at $7.1310 and had previously closed at $5.65.
Valneva News Summary
Here are the key news stories impacting Valneva this week:
Wall Street Analysts Forecast Growth
A number of research firms have recently commented on VALN. Guggenheim set a $11.00 target price on Valneva in a research note on Thursday, April 16th. The Goldman Sachs Group downgraded shares of Valneva from a "neutral" rating to a "sell" rating and set a $4.90 price objective for the company. in a report on Wednesday, April 22nd. Wall Street Zen upgraded shares of Valneva from a "strong sell" rating to a "sell" rating in a research note on Monday, June 1st. TD Cowen assumed coverage on shares of Valneva in a research report on Tuesday. They set a "buy" rating and a $12.00 target price for the company. Finally, Weiss Ratings restated a "sell (e+)" rating on shares of Valneva in a research note on Thursday, June 18th. Four analysts have rated the stock with a Buy rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of "Hold" and an average target price of $11.98.
Check Out Our Latest Report on Valneva
Valneva Price Performance
The stock has a market cap of $664.23 million, a P/E ratio of -3.74 and a beta of 1.77. The company has a quick ratio of 1.60, a current ratio of 2.14 and a debt-to-equity ratio of 2.14. The business's 50-day simple moving average is $5.21 and its two-hundred day simple moving average is $6.92.
Valneva (NASDAQ:VALN - Get Free Report) last posted its quarterly earnings results on Friday, August 14th. The company reported ($0.40) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.23) by ($0.17). The business had revenue of $39.37 million during the quarter, compared to the consensus estimate of $43.15 million. Valneva had a negative net margin of 88.87% and a negative return on equity of 107.63%. Sell-side analysts expect that Valneva SE Sponsored ADR will post -1 EPS for the current year.
Institutional Investors Weigh In On Valneva
Hedge funds and other institutional investors have recently bought and sold shares of the business. Marex Group plc bought a new position in shares of Valneva in the second quarter worth $64,000. XTX Topco Ltd bought a new stake in shares of Valneva during the 4th quarter valued at $94,000. JPMorgan Chase & Co. bought a new stake in shares of Valneva during the 3rd quarter valued at $124,000. Finally, China Universal Asset Management Co. Ltd. purchased a new stake in Valneva during the 4th quarter worth about $44,000. Institutional investors own 11.39% of the company's stock.
Valneva Company Profile
(
Get Free Report)
Valneva SE is a specialty vaccine company focused on the development and commercialization of prophylactic vaccines for infectious diseases. Headquartered in Saint-Herblain, France, the company applies inactivated whole-cell and recombinant technology platforms to address public health needs. Valneva's research and development efforts span a range of viral and bacterial pathogens, with an emphasis on travel-related and emerging infectious diseases.
Among its marketed products, Valneva offers IXIARO®/JESPECT® for the prevention of Japanese encephalitis and DUKORAL® for the prevention of cholera and diarrhea caused by enterotoxigenic Escherichia coli.
Featured Stories
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat
Add MarketBeat as your preferred source on Google to see our latest stories in your feed.
Before you consider Valneva, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Valneva wasn't on the list.
While Valneva currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Looking to profit from the electric vehicle mega-trend? Click the link to see our list of which EV stocks show the most long-term potential.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.