N2OFF Inc. [NITO] Stock trading around $0.24 per share: What’s Next?

N2OFF Inc. [NASDAQ: NITO] stock went on an upward path that rose over 10.83% on Monday, amounting to a one-week price increase of more than 11.49%.

Over the last 12 months, NITO stock dropped by -88.88%. The one-year N2OFF Inc. stock forecast points to a potential upside of 99.38. The average equity rating for NITO stock is currently 1.00, trading closer to a bullish pattern in the stock market.

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The market cap for the stock reached $2.34 million, with 9.58 million shares outstanding and 8.71 million shares in the current float. Compared to the average trading volume of 3.56M shares, NITO stock reached a trading volume of 80154275 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Guru’s Opinion on N2OFF Inc. [NITO]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for NITO shares is $38.50 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on NITO 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.

The Average True Range (ATR) for N2OFF Inc. is set at 0.05, with the Price to Sales ratio for NITO stock in the period of the last 12 months amounting to 13.78. The Price to Book ratio for the last quarter was 0.17, with the Price to Cash per share for the same quarter was set at 0.47.

NITO Stock Performance Analysis:

N2OFF Inc. [NITO] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 11.49. With this latest performance, NITO shares dropped by -4.08% in over the last four-week period, additionally sinking by -78.73% over the last 6 months – not to mention a drop of -88.88% 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 NITO stock in for the last two-week period is set at 47.20, with the RSI for the last a single of trading hit 52.20, and the three-weeks RSI is set at 44.34 for N2OFF Inc. [NITO]. The present Moving Average for the last 50 days of trading for this stock 0.2818, while it was recorded at 0.2266 for the last single week of trading, and 0.8941 for the last 200 days.

Insight into N2OFF Inc. Fundamentals:

N2OFF Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 3.37 and a Current Ratio set at 3.43.

N2OFF Inc. [NITO] Institutonal Ownership Details