Are Analysts Too Bullish On N2OFF Inc. (NITO)

N2OFF Inc. (NASDAQ:NITO) currently has a daily average trading volume of 537.82K but it saw 2493773 shares traded in last market. With a market cap of 1.25M USD, the company’s current market price of $0.30 came rising about 5.61 while comparing to the previous closing price of $0.28. In past 52 weeks, the stock remained buoying in the range of price level as high as $7.55 and as low as $0.26. In the recent trading on the day, stock has struck highest price mark of $0.2701 while lowest mark touched by it was $0.306.

Taking a look at 20-day trading activity of N2OFF Inc. (NITO) gives us an average price of $0.3919, while its current price level is -96.01% below from 52-week high level whereas it is 15.33% 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 $0.4704 while that of 200 days or SMA-200 reads an average of $1.2775. A closer look into the stock’s movement over the week reveals that its volatility is standing at 11.95% during that period while stretching the period over a month that increases to 16.14%. 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 32.70 which implies that the stock is in neutral territory.

Over the week, NITO’s stock price is moving 1.52% up while it is -38.19% when we observe its performance for the past one month. Year-to-date it is -84.95% down and over the past year, the stock is showing a downside performance of -93.28%.

Currently, N2OFF Inc.’s total number of outstanding shares is 4.16M. Company’s return on investment (ROI) stands at -94.65% and return on equity (ROE) at -97.04%. Stock has a price to book (P/B) ratio of 0.21 while price to sale or P/S ratio amounts to 7.37. Its return on asset (ROA) is -82.92% on average.