The stock of Natura &Co Holding S.A. (NYSE:NTCO) increased by $0.42 on Wednesday to $6.64, up 6.83 percent. The last five days have seen an average of 547,190 shares of common stock traded. 28 times new highs were reached in the current year, with a gain of $2.30. The average number of shares traded over the last 20 days was 485,112, while the average volume over the last 50 days totaled 636,363.
NTCO stock appreciated 4.48% since last month. On 09/07/23, the company’s shares reached a one-month low of $5.80. The stock touched a high of $7.68 on 07/31/23, after rallying from a low of $3.61 in 52 weeks. The price of NTCO stock has risen by 53.46% or $2.30 this year, reaching a new high 28 times. Still, the stock price is down -13.42% from the 52-week high.
Top 5 AI Stocks to Buy for 2023
The artificial intelligence (AI) revolution is already here. And it's about to change everything we know about everything.
According to Grand View Research, the global AI boom could grow from about $137 billion in 2022 to more than $1.81 trillion by 2030. And investors like you always want to get in on the hottest stocks of tomorrow. Here are five of the best ways to profit from the AI boom.
Click Here to Download the FREE Report.
Sponsored
Financial Health
Based on annual data, it had gross profit of $4.49 billion and revenue of $7.04 billion.
Earnings Surprise
According to Natura &Co Holding S.A.’s quarterly financial report for the quarter that ended June 29. A higher net income was reported in the quarter under review than the previous quarter. It was predicted that Natura &Co Holding S.A.’s quarterly earnings would be -$0.21, but it ended up being -$0.04, beating the consensus by -425.00%. EBITDA was $97.79 million for the quarter. At the end of Natura &Co Holding S.A.’s most recent quarter ended June 29, its liabilities totaled 6.07 billion, while its total debt was $15.54 billion.
Technical Picture
Here’s a quick look at Natura &Co Holding S.A.’s (NTCO) price momentum from a technical perspective. As of 19 September, the RSI 9-day stood at 65.56%, suggesting the stock is Neutral, with a 34.92% historical volatility rate.
The stochastic %K and %D were 74.06% and 64.82% respectively, while the average true range (ATR) was 0.24. Based on the 14-day stochastic reading of 86.53%, the RSI (14) reading is 57.63%. On the 9-day MACD Oscillator, the stock is at 0.21, and the 14-day reading is at 0.26.
Analyst Ratings
In its most recent analyst report, JP Morgan raised its rating on Natura &Co Holding S.A. (NYSE: NTCO) to an Overweight. Prior to this, analysts firm rated the stock as a Neutral. Analysts have assigned Natura &Co Holding S.A. (NTCO) an Overweight rating. NTCO is a stock that is recommended for selling by 0 brokerage firms, while 6 companies recommend holding. The stock is underweighted by 0 analysts. Among the analysts who rate the stock, 0 rates it overweight and 6 others recommend it as a buy.
What is NTCO’s price target for the next 12 months?
The current consensus forecast for the stock is between $6.16 and $12.45, with a median target price of $8.26. In analyzing these forecasts, the average price target given by analysts for Natura &Co Holding S.A. (NTCO) is $8.46.
