Noble Financial began coverage on shares of Nutriband (NASDAQ:NTRB - Free Report) in a report issued on Wednesday morning, Marketbeat Ratings reports. The firm issued an outperform rating and a $13.00 price objective on the stock.
Nutriband Stock Performance
NASDAQ:NTRB traded up $2.56 during midday trading on Wednesday, reaching $9.90. 3,094,365 shares of the company traded hands, compared to its average volume of 552,043. The firm has a market capitalization of $109.99 million, a price-to-earnings ratio of -13.94 and a beta of 0.99. The company has a fifty day moving average price of $4.49 and a 200 day moving average price of $5.41. The company has a debt-to-equity ratio of 0.01, a current ratio of 4.96 and a quick ratio of 4.83. Nutriband has a twelve month low of $2.22 and a twelve month high of $11.78.
Nutriband (NASDAQ:NTRB - Get Free Report) last announced its quarterly earnings results on Tuesday, December 3rd. The company reported ($0.12) earnings per share (EPS) for the quarter. Nutriband had a negative net margin of 338.51% and a negative return on equity of 54.49%.
About Nutriband
(
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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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