In the last trading session, 4.44 million Neptune Wellness Solutions Inc. (NASDAQ:NEPT) shares changed hands as the company’s beta touched 1.78. With the company’s per share price at $0.59 changed hands at $0.07 or 13.94% during last session, the market valuation stood at $128.02M. NEPT’s last price was a discount, traded about -510.17% off its 52-week high of $3.60. The share price had its 52-week low at $0.50, which suggests the last value was 15.25% up since then. When we look at Neptune Wellness Solutions Inc.’s average trading volume, we note the 3-month average coming to 1.46 million.
Analysts gave the Neptune Wellness Solutions Inc. (NEPT) stock a consensus recommendation rating of an Overweight, calculated at a mean rating of 2.00. If we narrow down to specifics, the data shows that 0 out of 3 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 2 recommended NEPT as a Hold, 1 felt it is a Buy and 0 rated the stock as Underweight. Neptune Wellness Solutions Inc.’s EPS for the current quarter is expected to be -$0.02.
Neptune Wellness Solutions Inc. (NASDAQ:NEPT) trade information
Instantly NEPT was in green as seen at the end of in last trading. With action 11.91%, the performance over the past five days has been green. The jump to weekly highs of 0.5910 on Monday, 10/25/21 added 13.94% to the stock’s daily price. The company’s shares are showing year-to-date downside of -62.18%, with the 5-day performance at 11.91% in the green. However, in the 30-day time frame, Neptune Wellness Solutions Inc. (NASDAQ:NEPT) is -2.96% down.
Neptune Wellness Solutions Inc. (NEPT) estimates and forecasts
Data shows that the Neptune Wellness Solutions Inc. share is performing relatively much better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot -55.97% over the past 6 months, a 51.43% in annual growth rate that is considerably higher than the industry average of 18.50%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -69.50%. The 2021 estimates are for Neptune Wellness Solutions Inc. earnings to decrease by -103.70%.
Neptune Wellness Solutions Inc. is expected to release its next quarterly earnings report between November 15 and November 19.
Neptune Wellness Solutions Inc. (NASDAQ:NEPT)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 10.13% of Neptune Wellness Solutions Inc. shares while 27.42% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 30.51%. There are 27.42% institutions holding the Neptune Wellness Solutions Inc. stock share, with Perceptive Advisors Llc the top institutional holder. As of Dec 30, 2020, the company held 13.42% of the shares, roughly 22.21 million NEPT shares worth $34.65 million.
Armistice Capital, LLC holds the second largest percentage of outstanding shares, with 2.52% or 4.17 million shares worth $6.5 million as of Dec 30, 2020.
Among Mutual Funds, the top two as of Mar 30, 2021 were Amplify Seymour Cannabis ETF and Spinnaker ETF Tr-Cannabis ETF. With 1.4 million shares estimated at $1.84 million under it, the former controlled 0.85% of total outstanding shares. On the other hand, Spinnaker ETF Tr-Cannabis ETF held about 0.79% of the shares, roughly 1.31 million shares worth around $2.07 million.