Novabay Pharmaceuticals Inc (AMEX: NBY) is 21.90% higher on its value in year-to-date trading and has touched a low of $0.36 and a high of $9.08 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The NBY stock was last observed hovering at around $0.70 in the last trading session, with the day’s gains setting it 0.03%.
Currently trading at $0.73, the stock is 18.44% and 15.68% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.21 million and changing 4.70% at the moment leaves the stock -51.99% off its SMA200. NBY registered -87.06% loss for a year compared to 6-month loss of -63.73%. The firm has a 50-day simple moving average (SMA 50) of $0.6336 and a 200-day simple moving average (SMA200) of $1.51895.
The stock witnessed a 29.09% gain in the last 1 month and extending the period to 3 months gives it a 24.15%, and is 5.11% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 9.92% over the week and 9.80% over the month.
Novabay Pharmaceuticals Inc (NBY) has around 26 employees, a market worth around $3.58M and $11.20M in sales. Profit margin for the company is -146.81%. Distance from 52-week low is 102.88% and -91.93% from its 52-week high. The company has generated returns on investments over the last 12 months (-868.52%).
with sales reaching $2.5M over the same period.The EPS is expected to grow by 97.65% this year, but quarterly earnings will post -32.77% year-over-year. Quarterly sales are estimated to shrink -32.92% in year-over-year returns.
Novabay Pharmaceuticals Inc (NBY) Top Institutional Holders
14.0 institutions hold shares in Novabay Pharmaceuticals Inc (NBY), with institutional investors hold 10.32% of the company’s shares. The shares outstanding are 4.89M, and float is at 4.89M with Short Float at 1.29%. Institutions hold 10.32% of the Float.
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Novabay Pharmaceuticals Inc (NBY) Insider Activity
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