Market Momentum Report: Nutriband Inc (NTRB)’s Positive Close at 7.17

Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.

The price of Nutriband Inc (NASDAQ: NTRB) closed at $7.17 in the last session, up 0.56% from day before closing price of $7.13. In other words, the price has increased by $0.56 from its previous closing price. On the day, 3.16 million shares were traded. NTRB stock price reached its highest trading level at $7.78 during the session, while it also had its lowest trading level at $6.8801.

Ratios:

We take a closer look at NTRB’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 3.47 and its Current Ratio is at 3.71. In the meantime, Its Debt-to-Equity ratio is 0.05 whereas as Long-Term Debt/Eq ratio is at 0.02.

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, Noble Capital Markets on January 22, 2025, initiated with a Outperform rating and assigned the stock a target price of $13.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, NTRB now has a Market Capitalization of 79804248 and an Enterprise Value of 77122392. For the stock, the TTM Price-to-Sale (P/S) ratio is 33.33 while its Price-to-Book (P/B) ratio in mrq is 15.64. Its current Enterprise Value per Revenue stands at 32.155 whereas that against EBITDA is -12.983.

Stock Price History:

The Beta on a monthly basis for NTRB is 1.30, which has changed by 0.3036363 over the last 52 weeks, in comparison to a change of 0.19554341 over the same period for the S&P500. Over the past 52 weeks, NTRB has reached a high of $11.78, while it has fallen to a 52-week low of $3.72. The 50-Day Moving Average of the stock is -8.73%, while the 200-Day Moving Average is calculated to be 14.36%.

Shares Statistics:

According to the various share statistics, NTRB traded on average about 128.77K shares per day over the past 3-months and 337760 shares per day over the past 10 days. A total of 11.13M shares are outstanding, with a floating share count of 5.13M. Insiders hold about 54.01% of the company’s shares, while institutions hold 3.10% stake in the company. Shares short for NTRB as of 1752537600 were 107941 with a Short Ratio of 0.84, compared to 1749772800 on 124636. Therefore, it implies a Short% of Shares Outstanding of 107941 and a Short% of Float of 2.4400001000000002.

Earnings Estimates

Current recommendations for the stock of the company come from 1 analysts. The consensus estimate for the next quarter is -$0.19, with high estimates of -$0.19 and low estimates of -$0.19.

Analysts are recommending an EPS of between -$0.56 and -$0.56 for the fiscal current year, implying an average EPS of -$0.56. EPS for the following year is $1.45, with 1.0 analysts recommending between $1.45 and $1.45.

Revenue Estimates

For the next quarter, 1 analysts are estimating revenue of $725k. There is a high estimate of $725k for the next quarter, whereas the lowest estimate is $725k.

A total of 1 analysts have provided revenue estimates for NTRB’s current fiscal year. The highest revenue estimate was $13.86M, while the lowest revenue estimate was $13.86M, resulting in an average revenue estimate of $13.86M. In the same quarter a year ago, actual revenue was $2.14M

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