Investment analysts at Noble Financial began coverage on shares of Nutriband (NASDAQ:NTRB – Get Free Report) in a research report issued on Wednesday,Briefing.com Automated Import reports. The brokerage set an “outperform” rating and a $13.00 price target on the stock. Noble Financial’s target price would indicate a potential upside of 81.03% from the company’s previous close.
Nutriband Trading Up 37.8 %
Nutriband stock opened at $7.18 on Wednesday. The company has a current ratio of 4.96, a quick ratio of 4.83 and a debt-to-equity ratio of 0.01. The stock has a market cap of $79.78 million, a PE ratio of -10.08 and a beta of 0.99. The stock has a 50-day moving average price of $4.44 and a 200 day moving average price of $5.40. Nutriband has a 52 week low of $2.22 and a 52 week high of $9.60.
Nutriband (NASDAQ:NTRB – Get Free Report) last issued its earnings results on Tuesday, December 3rd. The company reported ($0.12) earnings per share (EPS) for the quarter. Nutriband had a negative return on equity of 54.49% and a negative net margin of 338.51%.
Nutriband Company Profile
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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