Neptune Wellness Solutions Inc. (NASDAQ: NEPT) Has Lost -65.85% YTD: Is There Trouble Ahead? – Marketing Sentinel
Home  »  Business   »  Neptune Wellness Solutions Inc. (NASDAQ: NEPT) Has...

Neptune Wellness Solutions Inc. (NASDAQ: NEPT) Has Lost -65.85% YTD: Is There Trouble Ahead?

During the last session, Neptune Wellness Solutions Inc. (NASDAQ:NEPT)’s traded shares were 2.32 million, with the beta value of the company hitting 1.71. At the end of the trading day, the stock’s price was $0.14, reflecting an intraday loss of 2.04% or $0.0. The 52-week high for the NEPT share is $1.49, that puts it down -964.29 from that peak though still a striking 7.14% gain since the share price plummeted to a 52-week low of $0.13. The company’s market capitalization is $34.23M, and the average trade volume was 2.98 million shares over the past three months.

Neptune Wellness Solutions Inc. (NEPT) received a consensus recommendation of a Buy from analysts. That translates to a mean rating of 2.70. NEPT has a Sell rating from 0 analyst(s) out of 1 analysts who have looked at this stock. 0 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 1 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be -$0.05.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free

Neptune Wellness Solutions Inc. (NASDAQ:NEPT) trade information

Neptune Wellness Solutions Inc. (NEPT) registered a 2.04% upside in the last session and has traded in the red over the past 5 sessions. The stock spiked 2.04% in intraday trading to $0.14 this Thursday, 05/12/22, hitting a weekly high. The stock’s 5-day price performance is -20.00%, and it has moved by -27.95% in 30 days. Based on these gigs, the overall price performance for the year is -87.04%.

The consensus price target of analysts on Wall Street is $0.63, which implies an increase of 77.78% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $0.63 and $0.63 respectively. As a result, NEPT is trading at a discount of -350.0% off the target high and -350.0% off the low.

Neptune Wellness Solutions Inc. (NEPT) estimates and forecasts

Statistics show that Neptune Wellness Solutions Inc. has outperformed its competitors in share price, compared to the industry in which it operates. Neptune Wellness Solutions Inc. (NEPT) shares have gone down -72.41% during the last six months, with a year-to-date growth rate more than the industry average at 54.29% against 13.30.

Revenue for the current quarter is expected to be $13.81 million as predicted by 1 analyst(s). Meanwhile, a consensus of 1 analyst(s) estimates revenue growth to $15.97 million by the end of Jun 2022.

An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -69.50%. While earnings are projected to return -103.70% in 2022.

NEPT Dividends

Neptune Wellness Solutions Inc. is due to release its next quarterly earnings between July 13 and July 18. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

Neptune Wellness Solutions Inc. (NASDAQ:NEPT)’s Major holders

Neptune Wellness Solutions Inc. insiders own 6.50% of total outstanding shares while institutional holders control 11.56%, with the float percentage being 12.37%. Perceptive Advisors Llc is the largest shareholder of the company, while 55 institutions own stock in it. As of Dec 30, 2021, the company held over 10.06 million shares (or 5.17% of all shares), a total value of $4.12 million in shares.

The next largest institutional holding, with 2.53 million shares, is of Penserra Capital Management LLC’s that is approximately 1.30% of outstanding shares. At the market price on Dec 30, 2021, these shares were valued at $1.04 million.

Also, the Mutual Funds coming in first place with the largest holdings of Neptune Wellness Solutions Inc. (NEPT) shares are Amplify Seymour Cannabis ETF and ETF Series Solutions-Defiance Next Gen Altered Experience ETF. Data provided on Jan 30, 2022 indicates that Amplify Seymour Cannabis ETF owns about 1.51 million shares. This amounts to just over 0.78 percent of the company’s overall shares, with a $0.48 million market value. The same data shows that the other fund manager holds slightly less at 1.17 million, or about 0.60% of the stock, which is worth about $0.37 million.

Leave a Comment

Your email address will not be published.

On Key

Related Posts