Trevena Inc (NASDAQ: TRVN): Growth Outlook And Performance Review

In the last trading session, 0.21 million Trevena Inc (NASDAQ:TRVN) shares changed hands as the company’s beta touched 1.11. With the company’s per share price at $0.35 changed hands at -$0.04 or -9.71% during last session, the market valuation stood at $6.50M. TRVN’s last price was a discount, traded about -220.0% off its 52-week high of $1.12. The share price had its 52-week low at $0.30, which suggests the last value was 14.29% up since then. When we look at Trevena Inc’s average trading volume, we note the 3-month average coming to 174.95K.

Trevena Inc (NASDAQ:TRVN) trade information

Instantly TRVN was in red as seen at the end of in last trading. With action -8.89%, the performance over the past five days has been red. The drop to weekly highs of 0.4369 subtracted -9.71% to the stock’s daily price. The company’s shares are showing year-to-date downside of -50.92%, with the 5-day performance at -8.89% in the red. However, in the 30-day time frame, Trevena Inc (NASDAQ:TRVN) is -12.39% down.

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Trevena Inc (TRVN) estimates and forecasts

Data shows that the Trevena Inc share is performing relatively much better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot -39.93% over the past 6 months, a 59.18% in annual growth rate that is considerably higher than the industry average of 15.60%.

Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 21.28%. The 2024 estimates are for Trevena Inc earnings to increase by 53.64%.