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Novabay Pharmaceuticals Inc (AMEX: NBY) closed the day trading at $0.71 down -5.30% from the previous closing price of $0.75. In other words, the price has decreased by -$5.30 from its previous closing price. On the day, 1.03 million shares were traded. NBY stock price reached its highest trading level at $0.7596 during the session, while it also had its lowest trading level at $0.7043.
Ratios:
For a better understanding of NBY, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.43 and its Current Ratio is at 0.62.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Ladenburg Thalmann on September 18, 2019, initiated with a Buy rating and assigned the stock a target price of $1.10.
On July 06, 2018, H.C. Wainwright reiterated its Buy ratingand also kept the price unchanged to $4.
Laidlaw reiterated its Buy rating for the stock on November 15, 2017, while the target price for the stock was revised from $10 to $8.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, NBY now has a Market Capitalization of 3493268 and an Enterprise Value of 4758270. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.29. Its current Enterprise Value per Revenue stands at 0.343 whereas that against EBITDA is -0.946.
Stock Price History:
Over the past 52 weeks, NBY has reached a high of $12.77, while it has fallen to a 52-week low of $0.36. The 50-Day Moving Average of the stock is 17.47%, while the 200-Day Moving Average is calculated to be -72.39%.
Shares Statistics:
Over the past 3-months, NBY traded about 2.81M shares per day on average, while over the past 10 days, NBY traded about 2039260 shares per day. A total of 4.89M shares are outstanding, with a floating share count of 4.89M. Insiders hold about 0.01% of the company’s shares, while institutions hold 0.24% stake in the company. Shares short for NBY as of 1728950400 were 17887 with a Short Ratio of 0.01, compared to 1726185600 on 126673. Therefore, it implies a Short% of Shares Outstanding of 17887 and a Short% of Float of 0.37.
