The trading price of N2OFF Inc (NASDAQ:NITO) floating lower at last check on current market day and closing at $0.31, -5.89% lower than its previous close.
In examining the 52-week price action we see that the stock hit a 52-week high of $3.49 and a 52-week low of $0.16. Over the past month, the stock has lost -75.08% in value.
N2OFF Inc, whose market valuation is $4.78 million at the time of this writing, is expected to release its quarterly earnings report in April. Investors’ optimism about the company’s current quarter earnings report is understandable. Analysts have predicted the quarterly earnings per share to grow by 0 per share this quarter, however they have predicted annual earnings per share of 0 for current year and 0 for next year.
On the technical side, indicators suggest NITO has a Hold on average for the short term. According to the data of the stock’s medium term indicators, the stock is currently averaging as a 50% Buy, while an average of long term indicators suggests that the stock is currently 50% Sell.
A quick review shows that NITO’s price is currently -56.77% off the SMA20 and -64.64% off the SMA50. The RSI metric on the 14-day chart is currently showing 30.03, and weekly volatility stands at 32.27%. When measured over the past 30 days, the indicator reaches 17.91%. N2OFF Inc (NASDAQ:NITO)’s beta value is currently sitting at 1.55, while the Average True Range indicator is currently displaying 0.15.
To see how N2OFF Inc stock has been performing today in comparison to its peers in the industry, here are the numbers: NITO stock’s performance was -5.89% at last check in today’s session, and -78.52% in the past year.
An evaluation of the daily trading volume of N2OFF Inc (NASDAQ:NITO) indicates that the 3-month average is 21.98 million.
Currently, records show that 9.58 million of the company’s shares remain outstanding. The insiders hold 35.45% of outstanding shares, whereas institutions hold 0.85%. However, since the stock’s price has seen 25.60% year-to-date, investors’ interest is likely to be reignited due to its potential to move even higher.
