Neptune Wellness Solutions Inc. (NASDAQ:NEPT) currently has a daily average trading volume of 289.08K but it saw 827803 shares traded on Thursday. With a market cap of 2.18M USD, stock’s current market price of $0.18 came falling about -7.73 while comparing to the previous closing price of $0.20. In past 52 weeks, the stock remained buoying in the range of price level as high as $6.12 and as low as $0.20. In the recent trading on the day, stock has struck highest price mark of $0.2098 while lowest mark touched by it was $0.11.
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Taking a look at 20-day trading activity of Neptune Wellness Solutions Inc. (NEPT) gives us an average price of $0.3678, while its current price level is -97.00% below from 52-week high level whereas it is -5.84% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $0.4807 while that of 200 days or SMA-200 reads an average of $0.9391. A closer look into the stock’s movement over the week reveals that its volatility is standing at 24.31% during that period while stretching the period over a month that decreases to 14.68%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 20.63 which implies that the stock is in oversold territory.
Neptune Wellness Solutions Inc. (NEPT)’s stock is currently under the radar of 1 analysts who are in consensus at a 12-month price target range of between $21.94 and $21.94 for company’s shares. The average price target assigned by the average number of analysts to a stock is a way to gauge worth of any stock in next 52 weeks. And in assigning price target to a stock, some analysts adopt a bearish approach by advocating lower-than-average price target which in this case is $21.94 while some adopt bullish approach by assigning higher-than-average price target which reads the price to top $21.94. Average price target assigned by them is $21.94 which highlights an upside potential of 99.18% for the stock over that period. And to attain the median price target of $21.94 assigned by those analysts, stock has to add about 99.18% of value to its current levels.
Data by FactSet Research shows that 1 analysts have issued their ratings for the stock. 0 of them are in opinions that stock is a Sell, while 0 are advising it as an Overweight. 0 analysts suggested the investors to Buy the stock while 1 advised them to Hold. Recommendations by all of those brokerages imply a consensus rating of Hold for the stock and that issued by Wall Street to investors is Hold.
Over the week, NEPT’s stock price is moving -19.04% down while it is -71.30% when we observe its performance for the past one month. Year-to-date it is -41.70% down and over the past year, the stock is showing a downside performance of -96.25%.
The latest quarterly earnings report issued by the company was for quarter ended 12/30/2022, when its quarterly earnings per share (EPS) of -$0.21 beat the consensus estimate of -$0.75 for the same. The company is expected to be releasing its next quarterly report in 08/15/2023, for which analysts forecasted an EPS of -$0.32 while estimate for next year EPS is -$4.04. For NEPT, analysts are forecasting an EPS-growth rate of 75.40% for current year and estimate for EPS growth in next year is 80.20%. Moreover, analysts are in estimates of $11.28 million for current-quarter revenue.
Currently, Neptune Wellness Solutions Inc.’s total number of outstanding shares is 11.03M with 9.77% of that held by the insiders while 32.65% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -148.30% and return on equity (ROE) at -131.10%. Stock’s beta reads 2.18. Stock has a price to book (P/B) ratio of 0.15 while price to sale or P/S ratio amounts to 0.04. Its return on asset (ROA) is -46.00% on average.
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