NervGen Pharma (NGEN) Stock Price, News & Analysis

Company Overview

NervGen Pharma Corp. is a clinical-stage biotechnology company focused on developing therapies to promote nerve repair and restore neurological function following injury or disease. The company advances regenerative approaches intended to address damage in the central and peripheral nervous systems, pursuing programs that aim to translate preclinical repair concepts into human treatments.

The company’s lead investigational candidate is NVG-291, which is being evaluated in clinical studies for indications that include spinal cord injury, neuropathic conditions and neurodegenerative disease settings. NervGen’s development activities center on progressing NVG-291 and related research through clinical trials to assess safety, tolerability and potential to improve functional outcomes for patients with neurological damage.

NervGen is publicly traded on the NASDAQ under the ticker NGEN and operates as a research-driven biopharmaceutical organization. The company conducts clinical development activities and research collaborations to support its programs and to advance regulatory development pathways for its therapeutics.

As a clinical-stage company, NervGen’s prospects are tied to the progress and results of its clinical trials and development partnerships. Its work is representative of the broader effort in biotechnology to develop novel regenerative treatments for conditions with significant unmet medical need in neurology. Investors and stakeholders typically follow clinical milestones and regulatory updates when evaluating the company’s progress.

Key Stats

• Today's Range: $3.67 to $3.78
• 50-Day Range: N/A
• 52-Week Range: $1.50 to $6.30
• Volume: 77,903 shs
• Average Volume: 165,672 shs
• Market Capitalization: $299.54 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $18.00
• Consensus Rating: Moderate Buy

NervGen Pharma Stock Analysis - MarketRank™

NervGen Pharma scored higher than 77% of companies evaluated by MarketBeat, and ranked 20th out of 79 stocks in the manufacturing sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 4.2 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

NervGen Pharma has received a consensus rating of Moderate Buy. The company's average rating score is 2.75, and is based on 2 strong buy ratings, no buy ratings, 1 hold rating, and 1 sell rating.

Upside Potential

NervGen Pharma has a consensus price target of $18.00, representing about 389.0% upside from its current price of $3.68.

Amount of Analyst Coverage

NervGen Pharma has only been the subject of 4 research reports in the past 90 days.

Earnings and Valuation

• Score: N/A
• Proj. Earnings Growth: N/A

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

1.82% of the outstanding shares of NervGen Pharma have been sold short.

Short Interest Ratio / Days to Cover

NervGen Pharma has a short interest ratio ("days to cover") of 8.58.

Change versus previous month

Short interest in NervGen Pharma has recently increased by 15.29%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

NervGen Pharma does not currently pay a dividend.

Dividend Growth

NervGen Pharma does not have a long track record of dividend growth.

News and Social Media

• Score: 3.2 / 5
• News Sentiment: 1.18

News Sentiment

NervGen Pharma has a news sentiment score of 1.18. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 1.02 average news sentiment score of Manufacturing companies.

News Coverage This Week

MarketBeat has tracked 3 news articles for NervGen Pharma this week, compared to 9 articles on an average week.

MarketBeat Follows

6 people have added NervGen Pharma to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 0.2 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, NervGen Pharma insiders have not sold or bought any company stock.

Percentage Held by Insiders

5.80% of the stock of NervGen Pharma is held by insiders.

Percentage Held by Institutions

NervGen Pharma has minimal institutional ownership at this time.

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Manufacturing
• Industry: N/A
• Sub-Industry: Pharmaceutical Products
• Current Symbol: NASDAQ:NGEN
• CIK: 1751912
• Web: N/A
• Phone: (604) 722-5361
• Fax: N/A
• Employees: N/A
• Year Founded: 2017

Price Target and Rating

• Average Price Target for NervGen Pharma: $18.00
• High Price Target: $18.00
• Low Price Target: $18.00
• Potential Upside/Downside: +384.5%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.75
• Research Coverage: 4 Analysts

Profitability

• EPS (Trailing Twelve Months): N/A
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: N/A
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: N/A
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: N/A
• Price / Sales: N/A
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: N/A
• Price / Book: N/A

Miscellaneous

• Outstanding Shares: 80,631,000
• Free Float: N/A
• Market Cap: $299.54 million
• Optionable: N/A
• Beta: N/A