How to Buy Trevena Stock
Trevena Inc
Trevena, Inc. , a biopharmaceutical company, focuses on the development and commercialization of novel medicines for patients affected by central nervous system disorders.
Trevena stock last closed at $0.35, down 3.83% from the previous day, and has decreased 51.45% in one year. It has underperformed other stocks in the Biotechnology industry by 0.26 percentage points. Trevena stock is currently +17.33% from its 52-week low of $0.30, and -89.27% from its 52-week high of $3.28.
There are currently 18.32M TRVN shares outstanding. The market cap of TRVN is $6.45M. In the past 24 hours, 170,062 TRVN shares were traded.
How to Buy Trevena Stock
Not sure how to invest in Trevena stock? Here's how.
- Decide where to buy Trevena stock: You need to pick an online brokerage, but don't worry - we've analyzed dozens of stock brokerages and apps to help you figure out where to buy Trevena stock.
- Sign up for a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Deposit money your brokerage account: Select your method of payment and add your information.
- Research Trevena stock: The Trevena ticker symbol is TRVN. Is Trevena stock a good investment? Should you buy shares of TRVN? How do TRVN's underlying business fundamentals look? Do top analysts think Trevena is a good buy? Why has TRVN's stock price moved recently? (Hint: Our stock market research tools can help you understand if TRVN is a good stock to buy).
- Make your TRVN trade: Decide if you will purchase TRVN shares at the current market price or use a limit order to purchase TRVN shares at a given price.
- Get updates on your TRVN investment: Create a watchlist to monitor your investment in Trevena stock.
Step 1: Decide where to buy Trevena stock
You need an online brokerage account in order to access the NASDAQ market and buy TRVN stock.
Our preferred brokerage: eToro
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Get $10 towards your purchase of shares by opening an account with eToro today.
Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've picked the best brokerage, you'll need to fill out some personal info so you can buy TRVN today.
How to Set Up a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal info to open a new trading account.
- Submit your data by hitting the "Create Account" button. Get started with eToro today
Step 3: Deposit money your brokerage account
Now that you have created your account on the greatest app to buy stocks, your next step is to transfer the money for your investment:
Check out this video walkthrough to see the process of transferring money into your brokerage account.
Step 4: Research Trevena stock
After you have selected the best place to buy Trevena stock, it's absolutely critical to evaluate their stock before you buy, so you can understand the risk as well as the opportunity.
Overview of key TRVN info
Trevena Due Diligence Checks
WallStreetZen was built to help part-time investors do more in-depth fundamental analysis in less time.
You can view all of the due diligence checks on TRVN's stock page.
Is TRVN stock undervalued?
Investors use many financial metrics, analyses, models, and charts to gauge TRVN's true value.
You can access additional valuation analysis on TRVN's stock here.
A look at TRVN Cashflows and Balance Sheet
Passed Financial Due Diligence Checks:
- TRVN has cash burn of 33076000. It has sufficient cash and short-term investments to cover this for at least one year.
- There are more short-term assets than short-term liabilities on the TRVN balance sheet.
Failed Financial Due Diligence Checks:
- There are more long-term liabilities than short-term assets on the TRVN balance sheet.
- TRVN debt to equity ratio of -6.3 is negative.
- TRVN profit margin has gone down from 12,839.7% to -1,289.2% in the past year.
- TRVN has $33.52M in cash and short term investments. This is not enough to cover its annual cash burn of $33.08M.
- Total TRVN debt is still negative.
Is Trevena stock a Buy, Hold, or Sell, according to analysts?
Out of 1 Wall Street analysts who give forecasts on TRVN, the consensus analyst rating on TRVN is a Buy
It's important to keep in mind that analyst ratings are not stock recommendations, nor are they investment advice.
You can dig deeper into what analysts are saying on the Trevena stock forecast page.
Metrics for Advanced TRVN Traders
TRVN Revenue
Last year, TRVN revenue was $3.13M. Over the past 5 year, TRVN's revenue has gone up by -11.43% per year. This was slower than the Biotechnology industry average of 28.92%.
You can research TRVN's earnings and revenue performance here.
Who is buying/selling TRVN?
In the past 12 months, insiders at TRVN have bought more shares than they have sold.
Carrie L. Bourdow, President CEO of TRVN, was the latest TRVN insider to sell. They sold $4,345.03 worth of TRVN stock on Dec 14, 2023.
Learn more about who owns TRVN shares here.
Can I rely on TRVN as an income stream?
No, Trevena doesn't provide an income stream by paying out dividends.
TRVN Social Trading Data
One of the major reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to find out what other investors have to say.
Step 5: Make your TRVN trade
There are two primary order types:
- Market order: A market order is an order to buy or sell a security at the best possible price.
Market orders are generally the easiest way to buy. - Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
If you want to ensure you're buying or selling at a specific dollar amount limit, use a limit order.
Hit the Open Trade button and your broker will execute the order.
If you need more info about investing in stocks on eToro, click the helpful video below:
Step 6: Get updates on your TRVN investment
Now that you own some TRVN stock, you'll want to stay up-to-date on your investment.
Put TRVN on a watchlist to track the most important metrics related to your TRVN stock.
TRVN Feed
How to Buy Stock in Trevena
To reiterate, here are the 6 steps for buying Trevena stock:
- Decide where to buy Trevena stock
- Sign up for a brokerage account
- Deposit money your brokerage account
- Research Trevena stock
- Make your TRVN trade
- Get updates on your TRVN investment
If you require a online brokerage, eToro is our favorite venue.
Get Started with eToro TodayIf you would like to monitor your new investment in Trevena, get started below.
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