SaverOne 2014 (NASDAQ:SVRE) Shares Up 15.7%

SaverOne 2014 Ltd. (NASDAQ:SVRE) shares shot up 15.7% during trading on Thursday . The stock traded as high as $0.23 and last traded at $0.22. 1,812,195 shares changed hands during trading, an increase of 360% from the average session volume of 393,781 shares. The stock had previously closed at $0.19.

SaverOne 2014 Price Performance

The company has a fifty day simple moving average of $0.30 and a 200-day simple moving average of $0.65. The company has a quick ratio of 1.33, a current ratio of 1.81 and a debt-to-equity ratio of 0.08.

Hedge Funds Weigh In On SaverOne 2014

A hedge fund recently bought a new stake in SaverOne 2014 stock. Kathmere Capital Management LLC purchased a new position in SaverOne 2014 Ltd. (NASDAQ:SVRE) in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 8,575,019 shares of the company’s stock, valued at approximately $11,319,000. SaverOne 2014 makes up about 1.3% of Kathmere Capital Management LLC’s portfolio, making the stock its 25th largest holding. Kathmere Capital Management LLC owned about 535.94% of SaverOne 2014 as of its most recent filing with the Securities and Exchange Commission (SEC). 4.92% of the stock is owned by institutional investors and hedge funds.

SaverOne 2014 Company Profile

SaverOne 2014 Ltd, a technology company, engages in the design, development, and commercialization of transportation and safety solutions to save lives by preventing car accidents. The company is developing SaverOne Driver Distraction Prevention Solution system, an advanced driver safety solution that can identify and monitor mobile phones located in the driver's vicinity and selectively block use of life-threatening applications; and solutions for detection of vulnerable road users.