Minerva Neurosciences (NERV) Plunges Far Below Analyst Target Price

By Tamara Parker • Wednesday, December 28 15:01 • Permanent Link

Small-cap Healthcare company Minerva Neurosciences has logged a -40.2% change today on a trading volume of 413,152. The average volume for the stock is 311,085.

Minerva Neurosciences, Inc., a clinical-stage biopharmaceutical company, focuses on the development and commercialization of product candidates for the treatment of central nervous system diseases. Based in Waltham, United States the company has 9 full time employees and a market cap of $7,476,266.

The company is now trading -76.67% away from its average analyst target price of $6 per share. The 3 analysts following the stock have set target prices ranging from $3 to $8, and on average give Minerva Neurosciences a rating of buy.

Over the last year, NERV shares have gone down by -65.4%, which represents a difference of -45.3% when compared to the S&P 500. The stock's 52 week high is $15.27 per share and its 52 week low is $1.4.

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