N2OFF Inc (NASDAQ: NITO): Retirees Don’t Worry About Volatility

N2OFF Inc (NASDAQ:NITO) currently has a daily average trading volume of 19.69M but it saw 698389 shares traded in last market. With a market cap of 11.08M USD, the company’s current market price of $0.81 came falling about -3.29 while comparing to the previous closing price of $0.83. In past 52 weeks, the stock remained buoying in the range of price level as high as $3.49 and as low as $0.16. In the recent trading on the day, stock has struck highest price mark of $0.75 while lowest mark touched by it was $0.8324.

Taking a look at 20-day trading activity of N2OFF Inc (NITO) gives us an average price of $0.9444, while its current price level is -76.93% below from 52-week high level whereas it is 400.00% 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 $0.5037 while that of 200 days or SMA-200 reads an average of $0.5546. A closer look into the stock’s movement over the week reveals that its volatility is standing at 23.11% during that period while stretching the period over a month that increases to 45.25%. 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 49.36 which implies that the stock is in neutral territory.

Over the week, NITO’s stock price is moving -32.92% down while it is 384.65% when we observe its performance for the past one month. Year-to-date it is 224.60% up and over the past year, the stock is showing a downside performance of -52.71%.

The company is expected to be releasing its next quarterly report in February, 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 13.76M with 11.48% of that held by the insiders while 3.15% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -102.06% and return on equity (ROE) at -110.79%. Stock’s beta reads 0.71. Stock has a price to book (P/B) ratio of 1.42 while price to sale or P/S ratio amounts to 61.57. Its return on asset (ROA) is -100.31% on average.