Nutriband Inc. (NASDAQ:NTRB – Get Free Report)’s share price dropped 8.1% during mid-day trading on Tuesday . The stock traded as low as $5.52 and last traded at $5.82. Approximately 18,083 shares were traded during mid-day trading, a decline of 51% from the average daily volume of 36,552 shares. The stock had previously closed at $6.33.
Nutriband Price Performance
The stock has a market capitalization of $64.23 million, a PE ratio of -7.56 and a beta of 1.12. The company has a debt-to-equity ratio of 0.01, a quick ratio of 6.36 and a current ratio of 6.57. The stock’s 50-day moving average is $5.69 and its 200 day moving average is $5.38.
Nutriband (NASDAQ:NTRB – Get Free Report) last posted its earnings results on Tuesday, September 3rd. The company reported ($0.12) earnings per share for the quarter. The firm had revenue of $0.44 million during the quarter. Nutriband had a negative net margin of 401.39% and a negative return on equity of 66.60%.
Hedge Funds Weigh In On Nutriband
About Nutriband
Nutriband Inc develops a portfolio of transdermal pharmaceutical products. Its lead product in development is AVERSA fentanyl, an abuse deterrent fentanyl transdermal system that provides clinicians and patients with an extended-release transdermal fentanyl product for use in managing chronic pain requiring around the clock opioid therapy.
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