Enveric Biosciences Inc's fundamentals are relatively very healthy, and its growth potential is high.Its valuation is considered fairly valued, ranking 220/404 in the Biotechnology & Medical Research industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as , with the highest price target at 120.00.In the medium term, the stock price is expected to trend down.Despite a very weak market performance over the past month, the company shows strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Enveric Biosciences Inc's Score
Industry at a Glance
Industry Ranking
220 / 404
Overall Ranking
418 / 4562
Industry
Biotechnology & Medical Research
Support & Resistance
Relevant data have not been disclosed by the company yet.
Score Analysis
Current score
Previous score
Analyst Rating
Based on
0
analysts
--
Current Rating
120.000
Target Price
+1876.94%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
Enveric Biosciences Inc Highlights
StrengthsRisks
Enveric Biosciences, Inc. is a biotechnology company. The Company is engaged in the development of neuroplastogenic small-molecule therapeutics for the treatment of depression, anxiety, and addiction disorders. Leveraging its discovery and development platform, the Psybrary platform, which houses proprietary information on the use and development of existing and novel molecules for specific mental health indications, the Company seeks to develop a robust intellectual property portfolio of drug candidates. Its lead molecule, EB-003, is a neuroplastogen designed to promote neuroplasticity, without inducing hallucinations, in patients suffering from difficult-to-address mental health disorders. The Company is focused on advancing EB-003 towards clinical trials for the treatment of neuropsychiatric disorders while out-licensing other Psybrary platform drug candidates to third-party licensees and advancing non-competitive market strategies for patient care.
Overvalued
The company’s latest PE is -0.01, at a high 3-year percentile range.
Enveric Biosciences, Inc. is a biotechnology company. The Company is engaged in the development of neuroplastogenic small-molecule therapeutics for the treatment of depression, anxiety, and addiction disorders. Leveraging its discovery and development platform, the Psybrary platform, which houses proprietary information on the use and development of existing and novel molecules for specific mental health indications, the Company seeks to develop a robust intellectual property portfolio of drug candidates. Its lead molecule, EB-003, is a neuroplastogen designed to promote neuroplasticity, without inducing hallucinations, in patients suffering from difficult-to-address mental health disorders. The Company is focused on advancing EB-003 towards clinical trials for the treatment of neuropsychiatric disorders while out-licensing other Psybrary platform drug candidates to third-party licensees and advancing non-competitive market strategies for patient care.
Ticker SymbolENVB
CompanyEnveric Biosciences Inc
CEOTucker (Joseph)
Websitehttps://www.enveric.com/
FAQs
What is the current price of Enveric Biosciences Inc (ENVB)?
The current price of Enveric Biosciences Inc (ENVB) is 4.640.
What is the symbol of Enveric Biosciences Inc?
The ticker symbol of Enveric Biosciences Inc is ENVB.
What is the 52-week high of Enveric Biosciences Inc?
The 52-week high of Enveric Biosciences Inc is 96.300.
What is the 52-week low of Enveric Biosciences Inc?
The 52-week low of Enveric Biosciences Inc is 4.550.
What is the market capitalization of Enveric Biosciences Inc?
The market capitalization of Enveric Biosciences Inc is 200.41K.
What is the net income of Enveric Biosciences Inc?
The net income of Enveric Biosciences Inc is -9.57M.
Is Enveric Biosciences Inc (ENVB) currently rated as Buy, Hold, or Sell?
According to analysts, Enveric Biosciences Inc (ENVB) has an overall rating of --, with a price target of 120.000.
What is the Earnings Per Share (EPS TTM) of Enveric Biosciences Inc (ENVB)?
The Earnings Per Share (EPS TTM) of Enveric Biosciences Inc (ENVB) is -486.666.