N2OFF Inc (NITO) Stock: Analyzing the Quarterly Movement

In the past week, NITO stock has gone down by -16.44%, with a monthly decline of -6.28% and a quarterly plunge of -32.91%. The volatility ratio for the week is 11.52%, and the volatility levels for the last 30 days are 12.66% for N2OFF Inc The simple moving average for the last 20 days is -10.01% for NITO stock, with a simple moving average of -69.11% for the last 200 days.

Is It Worth Investing in N2OFF Inc (NASDAQ: NITO) Right Now?

There are mixed opinions on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

The public float for NITO is 10.54M and currently, short sellers hold a 1.07% ratio of that float. The average trading volume of NITO on December 17, 2024 was 2.69M shares.

NITO) stock’s latest price update

The stock of N2OFF Inc (NASDAQ: NITO) has decreased by -1.57 when compared to last closing price of 0.19. Despite this, the company has experienced a -16.44% fall in its stock price over the last five trading sessions. globenewswire.com reported 2024-10-08 that Save Foods Ltd. and GENSIS PM TDC, an Ethiopian Federal Agency, Executed an LOI with Lucrative Potential of Dozens of Million USD in revues

NITO Trading at -17.24% from the 50-Day Moving Average

After a stumble in the market that brought NITO to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -92.17% of loss for the given period.

Volatility was left at 12.66%, however, over the last 30 days, the volatility rate increased by 11.52%, as shares sank -9.81% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -23.78% lower at present.

During the last 5 trading sessions, NITO fell by -16.67%, which changed the moving average for the period of 200-days by -87.42% in comparison to the 20-day moving average, which settled at $0.2089. In addition, N2OFF Inc saw -90.60% in overturn over a single year, with a tendency to cut further losses.

Stock Fundamentals for NITO

Current profitability levels for the company are sitting at:

  • -31.1 for the present operating margin
  • 0.45 for the gross margin

The net margin for N2OFF Inc stands at -31.68. The total capital return value is set at -1.03. Equity return is now at value -110.79, with -100.31 for asset returns.

Currently, EBITDA for the company is -7.52 million with net debt to EBITDA at 0.51. When we switch over and look at the enterprise to sales, we see a ratio of -3.49. The receivables turnover for the company is 1.14for trailing twelve months and the total asset turnover is 0.03. The liquidity ratio also appears to be rather interesting for investors as it stands at 6.52.

Conclusion

In conclusion, N2OFF Inc (NITO) has seen bad performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.

Related Posts