N2OFF Inc (NASDAQ:NITO) traded at $1.09 at close of the session on Tuesday, January 28 and made an upward move of 1.87% on its previous day’s price.
Looking at the stock we see that its previous close was $1.07 and the beta (5Y monthly) reads 0.461 with the day’s price range being $1.03 – $1.24. In terms of its 52-week price range, NITO has a high of $3.49 and a low of $0.16. The company’s stock has gained about 468.30% over that past 30 days.
N2OFF Inc has a market cap of $15.01 million and is expected to release its quarterly earnings report in February.
On the other hand, looking at the outlook for the NITO stock, short term indicators assign the stock an average of 50% Buy, while medium term indicators assign it an average of 100% Buy.
Looking further, we note the current price level is -3.48% off its SMA20 and 89.25% from its 50-day simple moving average. The RSI (14) is pointing at 53.61 while the volatility over the past week is 30.96% and jumps to 47.77% over the past one month. The beta value is 0.69, while the average true range (ATR) is currently pointing at 0.35.
Coming back to N2OFF Inc (NASDAQ:NITO), we note that the average 3-month trading volume was 21.21 million, while that of the preceding 10-day period stands at 16.55 million. Current shares outstanding are 13.76 million.
The insiders hold 13.33% of the company’s shares while institutions hold 2.17%. The data shows that short shares as of 2024-10-31, stood at 0.4 million at a short ratio of 0.07. This represents a 460.00 short interest in shares outstanding on 2024-10-31. Shares short rose in October from the previous month at 52759.0. Investors should be excited about this stock as its upside potential is great, with current price pushing the stock 339.52% up in year-to-date price movement.
