Look Past The Setbacks And Give N2OFF Inc. (NASDAQ: NITO) Another Chance

N2OFF Inc. (NASDAQ:NITO) currently has a daily average trading volume of 3.00M but it saw 33193804 shares traded in last market. With a market cap of 2.63M USD, the company’s current market price of $0.35 came rising about 12.40 while comparing to the previous closing price of $0.31. In past 52 weeks, the stock remained buoying in the range of price level as high as $7.55 and as low as $0.25. In the recent trading on the day, stock has struck highest price mark of $0.3192 while lowest mark touched by it was $0.43.

Taking a look at 20-day trading activity of N2OFF Inc. (NITO) gives us an average price of $0.3132, while its current price level is -95.35% below from 52-week high level whereas it is 40.28% 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 $0.4018 while that of 200 days or SMA-200 reads an average of $1.1410. A closer look into the stock’s movement over the week reveals that its volatility is standing at 21.06% during that period while stretching the period over a month that increases to 21.98%. 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 50.46 which implies that the stock is in neutral territory.

Over the week, NITO’s stock price is moving 18.44% up while it is 1.39% when we observe its performance for the past one month. Year-to-date it is -82.47% down and over the past year, the stock is showing a downside performance of -90.89%.

The company is expected to be releasing its next quarterly report in October, for which analysts forecasted an EPS of 0 while estimate for next year EPS is 0.

Currently, N2OFF Inc.’s total number of outstanding shares is 7.49M. 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 0.24 while price to sale or P/S ratio amounts to 15.45. Its return on asset (ROA) is -82.92% on average.