Nutriband Inc. (NASDAQ:NTRB) saw an upside of 37.16% to $10.15 after adding $2.75 on Tuesday. The 5-day average trading volume is 8,698,092 shares of the company’s common stock. It has gained $11.72 in the past week. An average of 2,343,983 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 938,131.
NTRB’s 1-month performance is -32.67% or -$0.79 on its low of $4.00 reached on 09/23/21. The company’s shares have touched a 52-week low of $1.00 and high of $32.00, with the stock’s rally to the 52-week high happening on 02/26/21. YTD, NTRB has lost -50.67% or -$4.80. However, the current price is down -68.28%% from the 52-week high price.
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Nutriband Inc. (NTRB) has a trailing price-to-earnings (P/E) ratio of 34.65 for the broader industry and 32.28 for the sector.NTRB stock has a beta of -1.18. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 39.27 while the price-to-book (PB) in the most recent quarter is 6.43.
Nutriband Inc.’s quick ratio for the period ended July 30 was 0.20, with the current ratio over the same period at 0.20 meaning that NTRB stock is not able to fulfill its debt obligations. As well, the company’s long term debt to equity for the quarter ending July 30 was 0.03, while the total debt to equity was 0.25. In terms of profitability, the gross margin trailing 12 months is 46.20%. The trailing 12-month EBITDA margin is -257.10%. The firm’s gross profit as reported stood at $0.36 million against revenue of $0.94 million.
For the quarterly period ending July 30 this year, Net income and sales went down compared to those figures reported in the previous quarter. Analysts expected NTRB to announce $0.01 per share in earnings in its latest quarter, but it posted -$0.08, representing a -900.00% surprise. EBITDA for the quarter stood at more than -$0.37 million. NTRB stock balance sheet for the quarter ending July 30 shows that total liabilities totaled 2.85 million, with total debt at $1.81 million. Shareholders hold equity totaling $6.36 million
Let’s look briefly at Nutriband Inc. (NTRB) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 11 October was 61.85% to suggest the stock is trending Neutral, with historical volatility in this time period at 271.08%.
The stock’s 5-day moving average is $7.70, reflecting a +61.65% or $3.89 change from its current price. NTRB is currently trading -2.86% above its 20-day SMA, -18.40% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 and SMA200 by -38.92% and +2.00% respectively.
Stochastic %K and %D was 55.82% and 48.46% and the average true range (ATR) pointed at 2.27. The RSI (14) points at 55.21%, while the 14-day stochastic is at 80.31% with the period’s ATR at 2.16. The stock’s 9-day MACD Oscillator is pointing at 0.69 and 0.63 on the 14-day charts.
Analysts offering their rating for NTRB stock have a consensus rating for the stock as Buy. Currently, 0 brokerage advisors rate NTRB as a “sell,”, while 0 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 0 rates the stock as overweight while 1 have offered a “buy” rating.
What is NTRB’s price target for the next 12 months?
Analysts have a consensus price target ranging from a low of $24.00 and a high of $24.00, with their median price target at $24.00. Looking at these predictions, the average price target given by analysts is for Nutriband Inc. (NTRB) stock is $24.00.