How Will Nutriband Inc (NASDAQ: NTRB) Perform In The Next Few Months?

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Nutriband Inc (NASDAQ:NTRB) has a beta value of 0.29 and has seen 0.12 million shares traded in the last trading session. The company, currently valued at $79.10M, closed the last trade at $7.12 per share which meant it lost -$0.45 on the day or -5.94% during that session. The NTRB stock price is -65.45% off its 52-week high price of $11.78 and 68.82% above the 52-week low of $2.22. If we look at the company’s 10-day average daily trading volume, we find that it stood at 0.25 million shares traded. The 3-month trading volume is 205.44K shares.

Nutriband Inc (NASDAQ:NTRB) trade information

Sporting -5.94% in the red in last session, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the NTRB stock price touched $7.12 or saw a rise of 13.59%. Year-to-date, Nutriband Inc shares have moved 51.17%, while the 5-day performance has seen it change -8.83%. Over the past 30 days, the shares of Nutriband Inc (NASDAQ:NTRB) have changed 67.92%. Short interest in the company has seen 0.26 million shares shorted with days to cover at 0.59.

Nutriband Inc (NTRB) estimates and forecasts

The company’s shares have gained 19.46% over the past 6 months.

1 analysts offering their estimates for the company have set an average revenue estimate of 710k for the current quarter. 1 have an estimated revenue figure of 710k for the next ending quarter.

If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -5.27% over the past 5 years.

NTRB Dividends

Nutriband Inc is expected to release its next earnings report in March this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.

Nutriband Inc (NASDAQ:NTRB)’s Major holders

Insiders own 70.29% of the company shares, while shares held by institutions stand at 2.21% with a share float percentage of 7.42%. Investors are also buoyed by the number of investors in a company, with Nutriband Inc having a total of 13.0 institutions that hold shares in the company. The top two institutional holders are VANGUARD GROUP INC with over 0.11 million shares worth more than $0.59 million. As of 2024-06-30, VANGUARD GROUP INC held 1.194% of shares outstanding.

The other major institutional holder is GEODE CAPITAL MANAGEMENT, LLC, with the holding of over 70416.0 shares as of 2024-06-30. The firm’s total holdings are worth over $0.38 million and represent 0.7687% of shares outstanding.

Also the top two Mutual Funds that are holding company’s shares are Vanguard Total Stock Market Index Fund and Vanguard Extended Market Index Fund. As of Sep 30, 2024 , the former fund manager holds about 1.13% shares in the company for having 71.58 shares of worth $0.51 million while later fund manager owns 43.79 shares of worth $0.31 million as of Sep 30, 2024 , which makes it owner of about 0.69% of company’s outstanding stock.