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As of close of business last night, Novabay Pharmaceuticals Inc’s stock clocked out at $0.09, down -4.95% from its previous closing price of $0.09. In other words, the price has decreased by -$4.95 from its previous closing price. On the day, 15.08 million shares were traded. NBY stock price reached its highest trading level at $0.0939 during the session, while it also had its lowest trading level at $0.077.
Ratios:
To gain a deeper understanding of NBY’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.00 and its Current Ratio is at 1.67. In the meantime, Its Debt-to-Equity ratio is 0.83 whereas as Long-Term Debt/Eq ratio is at 0.34.
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 3119259 and an Enterprise Value of 4163490. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.21 while its Price-to-Book (P/B) ratio in mrq is 0.71. Its current Enterprise Value per Revenue stands at 0.283 whereas that against EBITDA is -0.867.
Stock Price History:
Over the past 52 weeks, NBY has reached a high of $1.28, while it has fallen to a 52-week low of $0.06. The 50-Day Moving Average of the stock is -23.20%, while the 200-Day Moving Average is calculated to be -72.32%.
Shares Statistics:
It appears that NBY traded 2.24M shares on average per day over the past three months and 1165130 shares per day over the past ten days. A total of 36.06M shares are outstanding, with a floating share count of 36.05M. Insiders hold about 0.04% of the company’s shares, while institutions hold 3.30% stake in the company. Shares short for NBY as of 1713139200 were 208108 with a Short Ratio of 0.09, compared to 1710460800 on 116071. Therefore, it implies a Short% of Shares Outstanding of 208108 and a Short% of Float of 0.58.
