ObsEva (OBSV) Gains Momentum: But Is It Sustainable?

Investors are often on the lookout for stocks that have made significant gains in 2021 so far and by that token, it could be a good idea to take a look at the ObsEva SA (NASDAQ: OBSV) stock.

ObsEva (OBSV) Gains Momentum: But Is It Sustainable?

The clinical-stage biopharmaceutical firm has seen its stock rally by as big as 95% in this year so far. The stock has continued to gain momentum and on Wednesday, the company also made an important announcement. ObsEva, which is involved in the development of unique therapies related to the reproductive health of women, announced on February 17 that its management will participate in a key event.

The management will participate in a fireside discussion at the SVB Leerink 10th Annual Global Healthcare Conference that is going to be held on February 24. In addition to that, ObsEva management will also hold meetings with individual investors at the same event. It is likely that the events from the conference are going to be watched closely by investors.

Michael Rowels

Weekend Contributor.Writing for business and finance publishers has become his passion over the last decades after he completed a master's degree in Financial Management. Sharing some opinions and forecasts to thousands of readers is a routine job for him but he never promises to invest in one stock.