N2OFF Inc. (NASDAQ:NITO) price on Friday, October 25, rose 0.78% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $0.27.
A look at the stock’s price movement, the close in the last trading session was $0.27, moving within a range at $0.255 and $0.282. The beta value (5-Year monthly) was 1.02. Turning to its 52-week performance, $7.55 and $0.20 were the 52-week high and 52-week low respectively. Overall, NITO moved 3.02% over the past month.
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N2OFF Inc.’s market cap currently stands at around $2.61 million, with investors looking forward to this quarter’s earnings report slated for in November.
Turning to the stock’s technical picture we see that short term indicators suggest on average that NITO is a 50% Sell. On the other hand, the stock is on average a 100% Sell as suggested by medium term indicators while long term indicators are putting the stock in 100% Sell category.
NITO’s current price about 11.35% and -1.95% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 52.71, while 7-day volatility ratio is 43.65% and 18.09% in the 30-day chart. Further, N2OFF Inc. (NITO) has a beta value of 0, and an average true range (ATR) of 0.05.
If we refocus on N2OFF Inc. (NASDAQ:NITO), historical trading data shows that trading volumes averaged 12.92 over the past 10 days and 5.47 million over the past 3 months. The company’s latest data on shares outstanding shows there are 9.58 million shares.
The 9.09% of N2OFF Inc.’s shares are in the hands of company insiders while institutional holders own 0.81% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 52759.0 on 2024-09-30, giving us a short ratio of 0.01. The data shows that as of 2024-09-30 short interest in N2OFF Inc. (NITO) stood at 60.0 of shares outstanding, with shares short falling to 0.82 million registered in 2024-08-30. Current price change has pushed the stock -86.37% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the NITO stock continues to rise going into the next quarter.