Neptune Wellness Solutions Inc. (NASDAQ:NEPT) went down by -3.18% from its latest closing price compared to the recent 1-year high of $3.60. The company’s stock price has collected -3.71% of loss in the last five trading sessions. Press Release reported on 10/06/21 that Neptune Wellness Appoints Jessica Adkins as Senior Vice President, Corporate Communications
Is It Worth Investing in Neptune Wellness Solutions Inc. (NASDAQ :NEPT) Right Now?
Plus, the 36-month beta value for NEPT is at 1.90. Opinions of the stock are interesting as 1 analysts out of 3 who provided ratings for Neptune Wellness Solutions Inc. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 2 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $0.93. NEPT currently public float of 146.04M and currently shorts hold a 4.17% ratio of that float. Today, the average trading volume of NEPT was 1.65M shares.
NEPT’s Market Performance
NEPT stocks went down by -3.71% for the week, with a monthly drop of -9.48% and a quarterly performance of -48.57%, while its annual performance rate touched -77.40%. The volatility ratio for the week stands at 4.93% while the volatility levels for the past 30 days are set at 6.34% for Neptune Wellness Solutions Inc.. The simple moving average for the period of the last 20 days is -5.40% for NEPT stocks with a simple moving average of -55.43% for the last 200 days.
Analysts’ Opinion of NEPT
ROTH Capital gave a rating of “Buy” to NEPT, setting the target price at $5 in the report published on January 30th of the previous year.
NEPT Trading at -13.51% from the 50-Day Moving Average
After a stumble in the market that brought NEPT to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -84.43% of loss for the given period.
Volatility was left at 6.34%, however, over the last 30 days, the volatility rate increased by 4.93%, as shares sank -4.46% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -28.42% lower at present.
During the last 5 trading sessions, NEPT fell by -3.71%, which changed the moving average for the period of 200-days by -64.96% in comparison to the 20-day moving average, which settled at $0.5913. In addition, Neptune Wellness Solutions Inc. saw -64.06% in overturn over a single year, with a tendency to cut further losses.