Nutriband Inc (NASDAQ: NTRB) is 65.44% higher on its value in year-to-date trading and has touched a low of $3.72 and a high of $11.78 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 NTRB stock was last observed hovering at around $10.72 in the last trading session, with the day’s loss setting it -0.81%.
Currently trading at $9.91, the stock is 24.47% and 45.17% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.18 million and changing -7.56% at the moment leaves the stock 62.77% off its SMA200. NTRB registered 110.40% gain for a year compared to 6-month gain of 137.08%.
The stock witnessed a 28.53% loss in the last 1 month and extending the period to 3 months gives it a 71.75%, and is 26.56% 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 12.28% over the week and 8.30% over the month.
Fwd P/E is 6.31. Profit margin for the company is -415.83%. Distance from 52-week low is 166.23% and -15.87% from its 52-week high. The company has generated returns on investments over the last 12 months (-190.80%).
The EPS is expected to grow by 43.43% this year
The shares outstanding are 11.13M, and float is at 5.13M with Short Float at 2.43%.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 0.11 million shares valued at $0.59 million. The investor’s holdings represent 1.194 of the NTRB Shares outstanding. As of 2024-06-30, the second largest holder is GEODE CAPITAL MANAGEMENT, LLC with 70416.0 shares valued at $0.38 million to account for 0.7687 of the shares outstanding. The other top investors are MILLENNIUM MANAGEMENT LLC which holds 20721.0 shares representing 0.2262 and valued at over $0.11 million, while STATE STREET CORP holds 0.1885 of the shares totaling 17266.0 with a market value of $93236.0.
