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DBV Technologies (NASDAQ:DBVT) Share Price Crosses Below 50 Day Moving Average - What's Next?

DBV Technologies logo with Medical background

DBV Technologies S.A. (NASDAQ:DBVT - Get Free Report)'s stock price crossed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $3.37 and traded as low as $2.99. DBV Technologies shares last traded at $3.09, with a volume of 24,330 shares changing hands.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on DBVT shares. JMP Securities reissued a "market outperform" rating and set a $10.00 price target on shares of DBV Technologies in a research report on Tuesday, December 10th. StockNews.com began coverage on DBV Technologies in a report on Wednesday. They set a "hold" rating on the stock. Finally, HC Wainwright increased their price target on DBV Technologies from $25.00 to $35.00 and gave the stock a "buy" rating in a report on Thursday, October 24th.

View Our Latest Analysis on DBVT

DBV Technologies Price Performance

The company's 50-day moving average price is $3.36 and its 200-day moving average price is $3.87. The company has a market cap of $63.56 million, a P/E ratio of -0.69 and a beta of 0.64.

About DBV Technologies

(Get Free Report)

DBV Technologies SA, a clinical-stage biopharmaceutical company, engages in the research and development of epicutaneous immunotherapy products. Its product pipeline comprising Viaskin Peanut, an immunotherapy product, which has completed Phase 3 clinical trial for the treatment of peanut allergies; and Viaskin Milk which is in Phase 1/2 clinical trial for the treatment of immunoglobulin E (IgE) mediated or cow's milk protein allergy and eosinophilic esophagitis.

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