Trevi Therapeutics Reports Third Quarter 2024 Financial Results and Provides Business Updates

TRVI Stock  USD 2.88  0.04  1.37%   
Under 67% of Trevi Therapeutics' investor base is looking to short. The analysis of overall sentiment of trading Trevi Therapeutics stock suggests that many investors are alarmed at this time. Trevi Therapeutics' investing sentiment shows overall attitude of investors towards Trevi Therapeutics.
  
Trevi Therapeutics, Inc. , a clinical-stage biopharmaceutical company developing the investigational therapy Haduvio for the treatment of chronic cough in idiopathic pulmonary fibrosis and refractory chronic cough , today announced financial results for the quarter ended September 30, 2024, as well as provided business updates.

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Trevi Therapeutics Investor Sentiment by Other News Outlets

Investor sentiment, mood or attitude towards Trevi Therapeutics can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.

Trevi Therapeutics Fundamental Analysis

We analyze Trevi Therapeutics' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Trevi Therapeutics using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Trevi Therapeutics based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Cash Per Share

Cash Per Share Comparative Analysis

Trevi Therapeutics is currently under evaluation in cash per share category among its peers. Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.

Trevi Therapeutics Potential Pair-trading

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Trevi Therapeutics stock to make a market-neutral strategy. Peer analysis of Trevi Therapeutics could also be used in its relative valuation, which is a method of valuing Trevi Therapeutics by comparing valuation metrics with similar companies.

Peers

Trevi Therapeutics Related Equities

TARAProtara Therapeutics   13.08   
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CHRSCoherus BioSciences   5.79   
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LYRALyra Therapeutics   5.26   
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BOLTBolt Biotherapeutics   5.00   
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SEERSeer   4.20   
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ANTXAN2 Therapeutics   3.73   
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CUECue Biopharma   2.83   
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PRLDPrelude Therapeutics   2.08   
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CGEMCullinan Oncology   1.83   
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13.0%
ORICOric Pharmaceuticals   0.71   
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RZLTRezolute   1.44   
11.0%
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SPROSpero Therapeutics   1.74   
13.0%
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ANEBAnebulo Pharmaceuticals   4.11   
31.0%
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CCCCC4 Therapeutics   4.34   
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FHTXFoghorn Therapeutics   4.81   
36.0%
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BCABBioatla   5.42   
41.0%
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