Neptune Wellness Solutions Inc. (NEPT) is priced at $0.61 after the most recent trading session. At the very opening of the session, the stock price was $0.6475 and reached a high price of $0.65, prior to closing the session it reached the value of $0.62. The stock touched a low price of $0.6161.Recently in News on August 31, 2021, Neptune Announces Receipt of Nasdaq Notification. Neptune Wellness Solutions Inc. (“Neptune” or the “Company”) (NASDAQ: NEPT) (TSX: NEPT), a diversified and fully integrated health and wellness company focused on plant-based, sustainable and purpose-driven lifestyle brands, today announced that the Company has received a written notification (the “Notification Letter”) from the Nasdaq Stock Market LLC (“Nasdaq”) on August 30, 2021, notifying the Company that it is not in compliance with the minimum bid price requirement set forth in Nasdaq Listing Rule 5550(a)(2), which requires that the closing bid price for the Company’s common shares listed on Nasdaq be maintained at a minimum of US$1.00. You can read further details here
Neptune Wellness Solutions Inc. had a pretty Dodgy run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $3.6000 on 02/10/21, with the lowest value was $0.5513 for the same time period, recorded on 08/18/21.
Neptune Wellness Solutions Inc. (NEPT) full year performance was -74.72%
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, Neptune Wellness Solutions Inc. shares are logging -83.08% during the 52-week period from high price, and 10.51% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $0.55 and $3.60.
The company’s shares, operating in the sector of Healthcare managed to top a trading volume set approximately around 1997507 for the day, which was evidently higher, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the Neptune Wellness Solutions Inc. (NEPT) recorded performance in the market was -60.30%, having the revenues showcasing -56.08% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 122.18M, as it employees total of 165 workers.
Neptune Wellness Solutions Inc. (NEPT) in the eye of market guru’s
During the last month, 0 analysts gave the Neptune Wellness Solutions Inc. a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 0 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 1.0304, with a change in the price was noted -0.68. In a similar fashion, Neptune Wellness Solutions Inc. posted a movement of -53.02% for the period of last 100 days, recording 1,842,451 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for NEPT is recording 0.14 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.14.
Neptune Wellness Solutions Inc. (NEPT): Stocks Technical analysis and Trends
Raw Stochastic average of Neptune Wellness Solutions Inc. in the period of last 50 days is set at 7.97%. The result represents downgrade in oppose to Raw Stochastic average for the period of the last 20 days, recording 26.41%. In the last 20 days, the company’s Stochastic %K was 39.99% and its Stochastic %D was recorded 38.92%.
If we look into the earlier routines of Neptune Wellness Solutions Inc., multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be encouraging, given the fact the metric is recording -60.30%. Additionally, trading for the stock in the period of the last six months notably deteriorated by -63.57%, alongside a downfall of -74.72% for the period of the last 12 months. The shares increased approximately by -2.89% in the 7-day charts and went up by -10.42% in the period of the last 30 days. Common stock shares were lifted by -56.08% during last recorded quarter.