More To Go Or Is It Over? – N2OFF Inc (NITO)

N2OFF Inc (NASDAQ:NITO) does about 18.38M shares in volume on a normal day but saw 16039552 shares change hands in the recent trading day. The company now has a market cap of 86.70M USD. Its current market price is $1.99, marking a decrease of -24.62% compared to the previous close of $2.64. The 52 week high reached by this stock is $3.49 whilst the lowest price level in 52 weeks is $0.16.

N2OFF Inc (NITO) has a 20-day trading average at $0.47 and the current price is -42.98% off the 52-week high compared with 1136.02% distance from its 52-week low. The 50-day simple moving average of the closing price is $0.32 and its 200-day simple moving average is $0.56. If we look at the stock’s price movements over the week, volatility stands at 88.64%, which decreases to 34.32% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 75.43 to suggest the stock is overbought.

The consensus objective for the share price is $38.50, suggesting that the stock has a potential upside of 94.83% over the period.

The current price level is 326.81%, 515.46%, and 254.87% away from its SMA20, SMA50, and SMA200 respectively, with the NITO price moving below the 50-day SMA on current market day. N2OFF Inc (NITO) stock is up 696.32% over the week and 757.76% over the past month. Its price is 702.42% year-to-date and 4.75% over the past year.

The company’s next earnings report forecasts estimating quarterly EPS at 0 and 0 for whole year.

To reach the target analysts have set, the stock logically needs to grow 94.83 percent from here.

The company has a return on investment of -102.06% and return on equity of -110.79%. The beta has a value of 0.40. Price to book ratio is 3.50 and price to sales ratio is 481.69.