MetaVia (NASDAQ:MTVA) Price Target Lowered to $3.00 at Maxim Group

MetaVia (NASDAQ:MTVAFree Report) had its price objective cut by Maxim Group from $6.00 to $3.00 in a research note published on Monday morning,Benzinga reports. They currently have a buy rating on the stock.

Separately, HC Wainwright reaffirmed a “buy” rating and set a $12.00 price target on shares of MetaVia in a research report on Wednesday, April 16th.

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MetaVia Stock Performance

MTVA stock opened at $0.70 on Monday. The stock has a fifty day simple moving average of $1.13. MetaVia has a 1-year low of $0.65 and a 1-year high of $5.30.

MetaVia (NASDAQ:MTVAGet Free Report) last issued its quarterly earnings results on Wednesday, May 14th. The company reported ($0.36) EPS for the quarter, beating analysts’ consensus estimates of ($0.57) by $0.21. As a group, research analysts predict that MetaVia will post -3.9 earnings per share for the current year.

MetaVia Company Profile

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MetaVia Inc is a clinical-stage biotechnology company focused on transforming cardiometabolic diseases. MetaVia Inc, formerly known as NeuroBo Pharmaceuticals Inc, is based in CAMBRIDGE, Mass.

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