why Notable Labs Ltd [NTBL] is a Good Choice for Investors After New Price Target of $9.00

Notable Labs Ltd [NASDAQ: NTBL] price plunged by -9.97 percent to reach at -$0.03.

The one-year NTBL stock forecast points to a potential upside of 97.33. The average equity rating for NTBL stock is currently 1.00, trading closer to a bullish pattern in the stock market.

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Guru’s Opinion on Notable Labs Ltd [NTBL]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for NTBL shares is $9.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on NTBL stock is a recommendation set at 1.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

JMP Securities have made an estimate for Notable Labs Ltd shares, keeping their opinion on the stock as Mkt Perform, with their previous recommendation back on September 20, 2024. The new note on the price target was released on July 20, 2022, representing the official price target for Notable Labs Ltd stock.

The Average True Range (ATR) for Notable Labs Ltd is set at 0.05 The Price to Book ratio for the last quarter was 0.33, with the Price to Cash per share for the same quarter was set at 0.42.

NTBL Stock Performance Analysis:

Notable Labs Ltd [NTBL] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -37.96. With this latest performance, NTBL shares dropped by -49.48% in over the last four-week period, additionally sinking by -75.43% over the last 6 months – not to mention a drop of -95.96% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for NTBL stock in for the last two-week period is set at 19.05, with the RSI for the last a single of trading hit 13.51, and the three-weeks RSI is set at 24.81 for Notable Labs Ltd [NTBL]. The present Moving Average for the last 50 days of trading for this stock 0.4812, while it was recorded at 0.3362 for the last single week of trading, and 0.9499 for the last 200 days.

Insight into Notable Labs Ltd Fundamentals:

Notable Labs Ltd’s liquidity data is similarly interesting compelling, with a Quick Ratio of 2.77 and a Current Ratio set at 2.77.

Notable Labs Ltd [NTBL] Institutonal Ownership Details

There are presently around $4.45%, or 6.64%% of NTBL stock, in the hands of institutional investors.