This Is A Time To Invest In Nutriband Inc (NASDAQ: NTRB)

Nutriband Inc (NASDAQ:NTRB)’s traded shares stood at 0.54 million during the latest session, with the company’s beta value hitting 0.30. At the last check today, the stock’s price was $8.03, to imply an increase of 20.39% or $1.36 in intraday trading. The NTRB share’s 52-week high remains $11.78, putting it -46.7% down since that peak but still an impressive 72.35% since price per share fell to its 52-week low of $2.22. The company has a valuation of $89.18M, with an average of 0.19 million shares in intraday trading volume over the past 10 days and average of 174.60K shares over the past 3 months.

Nutriband Inc (NASDAQ:NTRB) trade information

After registering a 20.39% upside in the latest session, Nutriband Inc (NTRB) has traded red over the past five days. The 5-day price performance for the stock is -3.14%, and 80.45% over 30 days. With these gigs, the year-to-date price performance is 70.49%. Short interest in Nutriband Inc (NASDAQ:NTRB) saw shorts transact 55395.0 shares and set a 1.53 days time to cover.

Nutriband Inc (NTRB) estimates and forecasts

Looking at statistics comparing Nutriband Inc share performance against respective industry, we note that the company has underperformed competitors. Nutriband Inc (NTRB) shares are 52.08% up over the last 6 months, with its year-to-date growth rate lower than industry average at 3.23% against 17.20%.

Revenue forecast for the current quarter as set by 1 analysts is 710k. Meanwhile, for the current quarter, a total of 1 analyst(s) estimate revenue growth to 710k.

NTRB Dividends

Nutriband Inc has its next earnings report out in March. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.

Nutriband Inc (NASDAQ:NTRB)’s Major holders

Nutriband Inc insiders hold 54.05% of total outstanding shares, with institutional holders owning 2.38% of the shares at 5.18% float percentage. In total, 2.38% institutions holds shares in the company, led by VANGUARD GROUP INC. As of 2024-06-30, the company held over 0.11 million shares (or 1.194% of shares), all amounting to roughly $0.59 million.

The next major institution holding the largest number of shares is GEODE CAPITAL MANAGEMENT, LLC with 70416.0 shares, or about 0.7687% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $0.38 million.

We also have Vanguard Total Stock Market Index Fund and Vanguard Extended Market Index Fund as the top two Mutual Funds with the largest holdings of the Nutriband Inc (NTRB) shares. Going by data provided on Sep 30, 2024 , Vanguard Total Stock Market Index Fund holds roughly 71.58 shares. This is just over 1.13% of the total shares, with a market valuation of $0.59 million. Data from the same date shows that the other fund manager holds a little less at 43.79, or 0.69% of the shares, all valued at about 0.36 million.