SaverOne 2014 (NASDAQ:SVRE) Trading Down 3.7% – Here’s What Happened

SaverOne 2014 Ltd. (NASDAQ:SVREGet Free Report)’s stock price fell 3.7% during mid-day trading on Monday . The company traded as low as $0.93 and last traded at $0.96. 408,676 shares traded hands during trading, a decline of 21% from the average session volume of 518,625 shares. The stock had previously closed at $1.00.

SaverOne 2014 Stock Performance

The company has a debt-to-equity ratio of 0.08, a current ratio of 1.81 and a quick ratio of 1.28. The firm has a 50-day moving average price of $1.19 and a 200 day moving average price of $3.24.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in SaverOne 2014 stock. Kathmere Capital Management LLC grew its holdings in SaverOne 2014 Ltd. (NASDAQ:SVREFree Report) by 10.4% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 9,466,081 shares of the company’s stock after acquiring an additional 891,062 shares during the quarter. Kathmere Capital Management LLC owned 591.63% of SaverOne 2014 worth $3,786,000 as of its most recent SEC filing. 4.92% of the stock is owned by institutional investors and hedge funds.

SaverOne 2014 Company Profile

(Get Free Report)

SaverOne 2014 Ltd, a technology company, engages in the design, development, and commercialization of transportation and safety solutions to save lives by preventing car accidents. The company is developing SaverOne Driver Distraction Prevention Solution system, an advanced driver safety solution that can identify and monitor mobile phones located in the driver's vicinity and selectively block use of life-threatening applications; and solutions for detection of vulnerable road users.

Further Reading

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