Nutriband Inc. (NASDAQ:NTRB) finished Wednesday with a subtraction of -$1.09 to close at $8.61, a downside of -11.24 percent. An average of 15,545,940 shares of common stock have been traded in the last five days. There was a gain of $2.26 in the past week. The last 20 days have seen an average of 4,068,200 shares traded, while the 50-day average volume stands at 1,627,894.
NTRB stock has decreased by -18.00% in the last month. The company shares reached their 1-month lowest point of $4.00 on 09/23/21. With the stock rallying to its 52-week high on 02/26/21, shares of the company touched a low of $1.00 and a high of $32.00 in 52 weeks. In spite of this, the price is down -73.09% from the 52-week high.
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Nutriband Inc. (NTRB) has a trailing price-to-earnings (P/E) ratio of 34.65 for the broader industry and 32.30 for the sector. The stock’s beta is -1.18. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 45.69, the price-to-book (PB) ratio at 7.49.
The quick ratio of Nutriband Inc. for the three months ended July 30 was 0.20, and the current ratio was 0.20, indicating that the company is not able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 0.03 and a total debt to equity ratio of 0.25 for the quarter ending July 30. Nutriband Inc.’s EBITDA margin for the year ending July 30 is -257.10%. Its gross profit as reported stood at $0.36 million compared to revenue of $0.94 million.
For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, Nutriband Inc.’s return on assets was -30.70%. For the broader industry, ROE averaged -68.79 over the past year.
The analyst consensus anticipated Nutriband Inc.’s latest quarter earnings to come in at $0.01 per share, but it turned out to be -$0.08, a -900.00% surprise. For the quarter, EBITDA amounted to -$0.37 million. Shareholders own equity worth $6.36 million.
From a technical analysis perspective, let’s take a brief look at Nutriband Inc. (NTRB) price momentum. RSI 9-day as of the close on 13 October was 53.17%, suggesting the stock is Neutral, with historical volatility in this time frame at 258.87%.
As of today, NTRB’s price is $8.05 +35.59% or $2.26 from its 5-day moving average. NTRB is currently trading -9.18% lower than its 20-day SMA and -45.37% lower than its 100-day SMA. However, the stock’s current price level is -52.17% below the SMA50 and -38.50% below the SMA200.
The stochastic %K and %D were 55.69% and 51.62%, respectively, and the average true range (ATR) was 2.26. With the 14-day stochastic at 50.00% and the average true range at 2.16, the RSI (14) stands at 49.75%. The stock has reached 1.23 on the 9-day MACD Oscillator while the 14-day reading was at 0.94.
The consensus rating for Nutriband Inc. (NTRB) among analysts is Buy. According to current brokerage recommendations, 0 brokerage firms advise that investors sell NTRB, while 0 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 0 analysts, while 1 others rate it as a “buy”.
What is NTRB’s price target for the next 12 months?
Analysts predict a range of price targets between $24.00 and $24.00, with a median target of $24.00. Taking a look at these predictions, the average price target given by analysts for Nutriband Inc. (NTRB) stock is $24.00.