Novabay Pharmaceuticals Inc (NBY) concluded trading on Thursday at a closing price of $0.13, with 12.35 million shares of worth about $1.61 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -73.08% during that period and on March 14, 2024 the price saw a loss of about -4.87%. Currently the company’s common shares owned by public are about 6.53M shares, out of which, 6.37M shares are available for trading.
However, the stock later moved at a day high price of 0.1500, or with a loss of -4.87%. Stock saw a price change of -5.27% in past 5 days and over the past one month there was a price change of -1.75%. Year-to-date (YTD), NBY shares are showing a performance of -33.97% which decreased to -91.02% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $0.12 but also hit the highest price of $1.95 during that period. The average intraday trading volume for Novabay Pharmaceuticals Inc shares is 3.08 million. The stock is currently trading -9.57% below its 20-day simple moving average (SMA20), while that difference is down -14.12% for SMA50 and it goes to -68.36% lower than SMA200.
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Novabay Pharmaceuticals Inc (AMEX: NBY) currently have 6.53M outstanding shares and institutions hold larger chunk of about 18.21% of that.
The stock has a current market capitalization of $0.88M and its 3Y-monthly beta is at 2.01. It has posted earnings per share of -$6.83 in the same period. It has Quick Ratio of 1.03 while making debt-to-equity ratio of 0.43. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for NBY, volatility over the week remained 8.80% while standing at 8.86% over the month.
Analysts are in expectations that Novabay Pharmaceuticals Inc (NBY) stock would likely to be making an EPS of -$0.3 in the current quarter, while forecast for next quarter EPS is -$0.2 and it is -$0.73 for next year. For the current quarter EPS, analysts have given the company a lowest target -$0.3 which is -$0.3 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of -$0.78 in the same quarter a year ago. Stock’s fiscal year EPS is expected to rise by 77.13% while it is estimated to increase by 68.40% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Ladenburg Thalmann on September 18, 2019 offering a Buy rating for the stock and assigned a target price of $1.10 to it. Coverage by H.C. Wainwright stated Novabay Pharmaceuticals Inc (NBY) stock as a Buy in their note to investors on July 06, 2018, suggesting a price target of $4 for the stock. On November 15, 2017, Laidlaw Reiterated their recommendations, while on June 05, 2017, ROTH Capital Initiated their ratings for the stock with a price target of $5.50. Stock get a Buy rating from Laidlaw on March 27, 2017.
