StockNews.com began coverage on shares of Nabriva Therapeutics (NASDAQ:NBRV – Get Rating) in a report issued on Friday morning. The firm issued a hold rating on the biotechnology company's stock.

Separately, Northland Securities downgraded shares of Nabriva Therapeutics from an outperform rating to an underperform rating in a research report on Friday, January 6th.

Nabriva Therapeutics Stock Performance

Nabriva Therapeutics stock opened at $1.60 on Friday. The company has a debt-to-equity ratio of 0.02, a current ratio of 2.20 and a quick ratio of 1.40. Nabriva Therapeutics has a 12 month low of $1.22 and a 12 month high of $9.73. The company has a fifty day moving average price of $1.71 and a two-hundred day moving average price of $1.94. The company has a market cap of $49.02 million, a PE ratio of -0.08 and a beta of 1.56.

Institutional Trading of Nabriva Therapeutics

An institutional investor recently raised its position in Nabriva Therapeutics stock. Renaissance Technologies LLC lifted its position in shares of Nabriva Therapeutics plc (NASDAQ:NBRV – Get Rating) by 102.1% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 795,938 shares of the biotechnology company's stock after acquiring an additional 402,144 shares during the period. Renaissance Technologies LLC owned 0.13% of Nabriva Therapeutics worth $145,000 as of its most recent filing with the SEC. Institutional investors and hedge funds own 0.23% of the company's stock.

About Nabriva Therapeutics

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Nabriva Therapeutics Plc is a biopharmaceutical company, which engages in the research, development, and commercialization of novel anti-infective agents to treat serious infections. Its product pipeline includes Lefamulin, CONTEPO, and BC-7013. The company was founded in October 2005 and is headquartered in Dublin, Ireland.

Further Reading

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