What Is the Outlook For DBV Technologies SA (NASDAQ:DBVT) Like For Short-Term?

DBV Technologies S.A. (NASDAQ:DBVT) traded at $2.8 at last check on Wednesday, Dec 30, made an upward move of 12% on its previous day’s price.

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Looking at the stock we see that its previous close was $2.5 and the beta (5Y monthly) reads 0 with the day’s price range being $2.5300 – 2.8400. The company has a trailing 12-month PE ratio of 0. In terms of its 52-week price range, DBVT has a high of $13.49 and a low of $1.35. The company’s stock has gained about -1.96% over that past 30 days.

DBV Technologies S.A. has a market cap of $274.08 Million and is expected to release its quarterly earnings report in March. With its Forward Dividend at 0 and a yield of 0%, the company’s investors could be worried for the DBVT stock to lose ahead of the earnings release. Estimates by analysts give the company expected earnings per share (EPS) of $0, with the EPS growth for the year declined at -$3.03 for 2020 and -$2.54 for next year. These figures represent 0.31% and -0.16% growth in EPS for the two years respectively.

On the other hand, looking at the outlook for the DBVT stock, short term indicators assign the stock an average of 50% Buy, while medium term indicators assign it an average of Hold. Long term indicators on average place the stock in the category of 50% Sell.

Based on estimates by 7 analysts, where scores have ranged from 1.00 for a strong buy to 5.00 for a strong sell, 3 have rated the DBV Technologies S.A. (DBVT) stock as a Hold, while 3 rate it as a Buy. None analyst(s) rate it as outperform while 1 of them rated it as underperform, whereas none suggest the stock as a Sell. The stock has an overall rating of Overweight and investors could take advantage and scoop up stock of the company.

Let’s briefly compare DBV Technologies S.A. (DBVT) stock to its peers. We find that today’s price change of +12% and -77.58% over the past 12 months for DBVT competes that of Bristol-Myers Squibb Company (BMY), which has seen its stock price rise 1.01% in the latest trading session and is -3.62% over the last one year. Another of its peers Amgen Inc (AMGN) has climbed 0.63% today, but was -5.58% down over the past year, while Gilead Sciences Inc (GILD) is also up 12% yet, while its price remains in the red at -77.58% over the same period. DBV Technologies S.A. has a P/E ratio of 0 compared to Bristol-Myers Squibb Company’s 0 and Amgen Inc’s 18.29. In contrast to these companies, both the S&P 500 Index and the Dow Jones Industrial are today at 0.38% and 0.6%, respectively, in early deals.

Coming back to DBV Technologies S.A. (NASDAQ:DBVT), we note that the average 3-month trading volume was 1.91 Million, while that of the preceding 10-day period stands at 417.83 Million. Current shares outstanding are 109.63 Million.

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According to data from Thomson Reuters, insiders hold 0% of the company’s shares while institutions hold 33.81%. The data shows that short shares as of December 14, 2020, stood at 1.28 Million at a short ratio of 1.75. This represents a 1.17% short interest in shares outstanding on December 14, 2020. Shares short dropped in December from the previous month at 903.62 Million. Investors should be worried about this stock as its upside potential is weak, with today’s price pushing the stock -76.64% down in year-to-date price movement.

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