Spotting A Winner: N2OFF Inc. (NASDAQ: NITO) Advances 15.32 And It Still Have Room To Run

N2OFF Inc. (NASDAQ:NITO) currently has a daily average trading volume of 3.50M but it saw 2831128 shares traded in last market. With a market cap of 2.27M USD, the company’s current market price of $0.24 came rising about 15.32 while comparing to the previous closing price of $0.21. In past 52 weeks, the stock remained buoying in the range of price level as high as $7.55 and as low as $0.20. In the recent trading on the day, stock has struck highest price mark of $0.2001 while lowest mark touched by it was $0.258.

Taking a look at 20-day trading activity of N2OFF Inc. (NITO) gives us an average price of $0.2444, while its current price level is -96.86% below from 52-week high level whereas it is 17.96% 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 $0.2898 while that of 200 days or SMA-200 reads an average of $0.9191. A closer look into the stock’s movement over the week reveals that its volatility is standing at 13.24% during that period while stretching the period over a month that decreases to 11.78%. 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 43.61 which implies that the stock is in neutral territory.

Over the week, NITO’s stock price is moving -0.08% down while it is -20.99% when we observe its performance for the past one month. Year-to-date it is -88.14% down and over the past year, the stock is showing a downside performance of -90.12%.

The company is expected to be releasing its next quarterly report in November, 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 9.58M. 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 0.17 while price to sale or P/S ratio amounts to 13.36. Its return on asset (ROA) is -82.92% on average.