Shares of Trevena, Inc. (NASDAQ:TRVN – Get Free Report) passed below its 200-day moving average during trading on Tuesday. The stock has a 200-day moving average of $0.01 and traded as low as $0.0004. Trevena shares last traded at $0.0004, with a volume of 117 shares.
Trevena Price Performance
The firm has a fifty day simple moving average of $0.01 and a 200 day simple moving average of $0.01. The company has a market capitalization of $383.60, a price-to-earnings ratio of -0.00 and a beta of -0.55.
About Trevena
Trevena, Inc. is a biopharmaceutical company focused on developing medicines for the treatment of acute and chronic pain, as well as disorders of the central nervous system. The company’s research has centered on G protein–coupled receptors and its “biased ligand” drug-discovery platform, which is intended to produce therapeutic effects while potentially reducing certain side effects associated with conventional treatments. Trevena’s principal commercial product is OLINVYK (oliceridine) injection, an opioid analgesic approved by the U.S. Food and Drug Administration in 2020 for the management of acute pain severe enough to require an intravenous opioid analgesic in adults.
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