N2OFF Inc (NASDAQ:NITO) price closed lower on current market day and dropping -12.00% below its previous close.
A look at the daily price movement shows that the last close reads $0.31. Taking into account the 52-week price action we note that the stock hit a 52-week high of $3.49 and 52-week low of $0.16. The stock added 25.34% on its value in the past month.
N2OFF Inc, which has a market valuation of $7.26 million, is expected to release its quarterly earnings report in June.
Technical indicators in stocks provide crucial insights into market trends, guiding investors with precise entry and exit points based on price movements for informed decision-making.On the technical perspective front, indicators give NITO a short term outlook of 50% Sell on average. Looking at the stock’s medium term indicators we note that it is averaging as a 100% Sell, while an average of long term indicators are currently assigning the stock as 50% Sell.
The overview shows that NITO’s price is at present -15.17% off the SMA20 and -2.60% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 45.75, with weekly volatility standing at 13.61%. The indicator jumps to 23.51% when calculated based on the past 30 days. N2OFF Inc (NASDAQ:NITO)’s beta value is holding at 1.93, while the average true range (ATR) indicator is currently reading 0.08.
An analysis of the N2OFF Inc (NASDAQ:NITO) stock in terms of its daily trading volume indicates that the 3-month average is 13.67 million.
Current records show that the company has 17.81M in outstanding shares. The insiders’ percentage holdings are 31.53% of outstanding shares while the percentage share held by institutions stands at 5.35%. But the 10.89% upside, the stock’s price has registered year-to-date as of last trading, will likely reignite investor interest given the prospect of it rallying even higher.
