Nutriband Stock Today
| NTRB Stock | USD 3.36 0.01 0.30% |
Performance7 of 100
| Odds Of DistressLess than 6
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Nutriband is trading at 3.36 as of the 10th of May 2024, a -0.3 percent decrease since the beginning of the trading day. The stock's open price was 3.37. Nutriband has only a 6 % chance of going through financial distress over the next few years but had a somewhat ok performance during the last 90 days. Equity ratings for Nutriband are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 10th of April 2024 and ending today, the 10th of May 2024. Click here to learn more.
Business Domain Pharmaceuticals, Biotechnology & Life Sciences | IPO Date 30th of November 2017 | Category Healthcare | Classification Health Care |
Nutriband Inc. develops a portfolio of transdermal pharmaceutical products. The company was incorporated in 2016 and is headquartered in Orlando, Florida. Nutriband operates under Biotechnology classification in the United States and is traded on NASDAQ Exchange. The company has 10.97 M outstanding shares of which 49.13 K shares are now shorted by private and institutional investors with about 0.41 trading days to cover. More on Nutriband
Moving together with Nutriband Stock
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Moving against Nutriband Stock
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Follow Valuation Profit Patterns Odds of Bankruptcy
Financial Report 14th of June 2024
Nutriband Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Nutriband's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Nutriband or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO, Director | Gareth Sheridan | |||||||||||||||||||||||||||||||||||||||||||||
| Old Name | NTR Holding A/S | |||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Biotechnology, Pharmaceuticals, Biotechnology & Life Sciences, Health Care, NASDAQ Composite, NASDAQ Health Care, Health Care, Biotechnology, Biotechnology, Healthcare (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering Nutriband report their recommendations after researching Nutriband's financial statements, talking to executives and customers, or listening in on Nutriband's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Nutriband. The Nutriband consensus assessment is calculated by taking the average forecast from all of the analysts covering Nutriband. | ||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the measurements of operating efficiency obtained from Nutriband's historical financial statements, Nutriband may be sliding down financialy. It has an above-average odds of going through some form of financial crisis next quarter. Financial strength of Nutriband is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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Nutriband's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Nutriband's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||||||||||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Nutriband's financial leverage. It provides some insight into what part of Nutriband's total assets is financed by creditors.
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Nutriband (NTRB) is traded on NASDAQ Exchange in USA. It is located in 121 South Orange Avenue, Orlando, FL, United States, 32801 and employs 7 people. Nutriband is listed under Biotechnology category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 36.97 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Nutriband's market, we take the total number of its shares issued and multiply it by Nutriband's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Nutriband conducts business under Biotechnology sector and is part of Health Care industry. The entity has 10.97 M outstanding shares of which 49.13 K shares are now shorted by private and institutional investors with about 0.41 trading days to cover.
Nutriband currently holds about 3.34 M in cash with (3.53 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.43.
Check Nutriband Probability Of Bankruptcy
Ownership AllocationThe market capitalization of Nutriband is $36.97 Million. Nutriband holds significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Note, that even with negative profits, if the true value of the firm is larger than the current market value, you may still be able to generate positive returns on investment in this company.
Check Nutriband Ownership Details
Nutriband Stock Price Odds Analysis
What are Nutriband's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of Nutriband jumping above the current price in 90 days from now is about 41.89%. The Nutriband probability density function shows the probability of Nutriband stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days Nutriband has a beta of 0.4402. This indicates as returns on the market go up, Nutriband average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Nutriband will be expected to be much smaller as well. Additionally, nutriband has an alpha of 0.565, implying that it can generate a 0.57 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Nutriband to move above the current price in 90 days from now is about 41.89 (This Nutriband probability density function shows the probability of Nutriband Stock to fall within a particular range of prices over 90 days) .
Nutriband Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Nutriband that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Nutriband's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Nutriband's value.| Instituion | Recorded On | Shares | |
| Vanguard Group Inc | 2023-12-31 | 85.2 K | |
| Bank Of America Corp | 2023-12-31 | 6.0 | |
| Geode Capital Management, Llc | 2023-12-31 | 58.6 K | |
| State Street Corporation | 2023-12-31 | 17.3 K | |
| Alphaq Advisors Llc | 2023-12-31 | 11.7 K | |
| Atria Wealth Solutions, Inc. | 2023-12-31 | 10.9 K | |
| Advisor Group Holdings, Inc. | 2023-12-31 | 7.6 K | |
| Tower Research Capital Llc | 2023-12-31 | 3.1 K | |
| Ubs Group Ag | 2023-12-31 | 800 | |
| Royal Bank Of Canada | 2023-12-31 | 86.0 | |
| Wells Fargo & Co | 2023-12-31 | 36.0 |
Nutriband Historical Income Statement
Nutriband Income Statement is one of the three primary financial statements used for reporting Nutriband's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Nutriband revenue and expense. Nutriband Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At present, Nutriband's Total Revenue is projected to increase significantly based on the last few years of reporting. The current year's Gross Profit is expected to grow to about 859.8 K, whereas Interest Expense is forecasted to decline to about 68 K. View More FundamentalsNutriband Stock Against Markets
Picking the right benchmark for Nutriband stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Nutriband stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Nutriband is critical whether you are bullish or bearish towards Nutriband at a given time. Please also check how Nutriband's historical prices are related to one of the top price index indicators.
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Nutriband Corporate Management
Elected by the shareholders, the Nutriband's board of directors comprises two types of representatives: Nutriband inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Nutriband. The board's role is to monitor Nutriband's management team and ensure that shareholders' interests are well served. Nutriband's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Nutriband's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Patrick Ryan | Chief Technical Officer | Profile | |
| Gerald Goodman | CFO Officer | Profile | |
| Alan Smith | Head of 4P Therapeutics and Clinical Development | Profile | |
| Jeffrey PharmD | Chief Officer | Profile |
How to buy Nutriband Stock?
Before investing in Nutriband, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Nutriband. To buy Nutriband stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Nutriband. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Nutriband stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Nutriband stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Nutriband stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Nutriband, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Nutriband Stock please use our How to Invest in Nutriband guide.
Already Invested in Nutriband?
The danger of trading Nutriband is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Nutriband is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Nutriband. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Nutriband is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Nutriband offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Nutriband's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Nutriband Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Nutriband Stock: Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nutriband. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. For information on how to trade Nutriband Stock refer to our How to Trade Nutriband Stock guide.You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
Complementary Tools for Nutriband Stock analysis
When running Nutriband's price analysis, check to measure Nutriband's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Nutriband is operating at the current time. Most of Nutriband's value examination focuses on studying past and present price action to predict the probability of Nutriband's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nutriband's price. Additionally, you may evaluate how the addition of Nutriband to your portfolios can decrease your overall portfolio volatility.
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Is Nutriband's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Nutriband. If investors know Nutriband will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Nutriband listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.69) | Revenue Per Share 0.262 | Quarterly Revenue Growth (0.01) | Return On Assets (0.36) | Return On Equity (0.73) |
The market value of Nutriband is measured differently than its book value, which is the value of Nutriband that is recorded on the company's balance sheet. Investors also form their own opinion of Nutriband's value that differs from its market value or its book value, called intrinsic value, which is Nutriband's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Nutriband's market value can be influenced by many factors that don't directly affect Nutriband's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Nutriband's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nutriband is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nutriband's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.