Novabay Pharmaceuticals Inc (AMEX: NBY): The Most Interesting Shares Today

In the last trading session, 1.84 million Novabay Pharmaceuticals Inc (AMEX:NBY) shares changed hands as the company’s beta touched 2.03. With the company’s per share price at $0.08 changed hands at $0.0 or -2.45% during last session, the market valuation stood at $2.39M. NBY’s last price was a discount, traded about -2337.5% off its 52-week high of $1.95. The share price had its 52-week low at $0.08. When we look at Novabay Pharmaceuticals Inc’s average trading volume, we note the 3-month average coming to 3.25 million.

Novabay Pharmaceuticals Inc (AMEX:NBY) trade information

Instantly NBY was in red as seen at the end of in last trading. With action -8.52%, the performance over the past five days has been red. The drop to weekly highs of 0.0945 subtracted -2.45% to the stock’s daily price. The company’s shares are showing year-to-date downside of -61.03%, with the 5-day performance at -8.52% in the red. However, in the 30-day time frame, Novabay Pharmaceuticals Inc (AMEX:NBY) is -43.21% down.

Novabay Pharmaceuticals Inc (NBY) estimates and forecasts

Data shows that the Novabay Pharmaceuticals 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 -79.08% over the past 6 months, a 87.76% in annual growth rate that is considerably higher than the industry average of 9.60%.

Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 24.47%. The 2024 estimates are for Novabay Pharmaceuticals Inc earnings to increase by 93.18%.