N2OFF Inc [NASDAQ: NITO] loss -10.00% or -0.15 points to close at $1.35 with a heavy trading volume of 8326430 shares.
The daily chart for NITO points out that the company has recorded 178.35% gains over the past six months.
If we look at the average trading volume of 20.31M shares, NITO reached to a volume of 8326430 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about 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 0.42, with the Price to Sales ratio for NITO stock in the period of the last 12 months amounting to 132.45. The Price to Book ratio for the last quarter was 2.38, with the Price to Cash per share for the same quarter was set at 0.16.
Trading performance analysis for NITO stock
N2OFF Inc [NITO] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -48.86. With this latest performance, NITO shares gained by 500.00% in over the last four-week period, additionally plugging by 178.35% over the last 6 months – not to mention a drop of -34.15% 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 58.13, with the RSI for the last a single of trading hit 56.06, and the three-weeks RSI is set at 59.05 for N2OFF Inc [NITO]. The present Moving Average for the last 50 days of trading for this stock 0.4225, while it was recorded at 1.6100 for the last single week of trading, and 0.5659 for the last 200 days.
N2OFF Inc [NITO]: A deeper dive into fundamental analysis
N2OFF Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 6.42 and a Current Ratio set at 6.52.
