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Nutriband (NASDAQ:NTRB) Issues Quarterly Earnings Results

Nutriband logo with Medical background

Nutriband (NASDAQ:NTRB - Get Free Report) released its earnings results on Friday. The company reported ($0.12) earnings per share for the quarter, topping the consensus estimate of ($0.13) by $0.01, Zacks reports. The company had revenue of $0.67 million for the quarter, compared to the consensus estimate of $0.71 million. Nutriband had a negative net margin of 338.51% and a negative return on equity of 54.49%.

Nutriband Stock Performance

Shares of NTRB traded down $0.24 during trading hours on Friday, reaching $6.22. 27,564 shares of the company traded hands, compared to its average volume of 77,664. The company has a quick ratio of 4.83, a current ratio of 4.96 and a debt-to-equity ratio of 0.01. The business has a fifty day moving average price of $5.62 and a 200-day moving average price of $5.70. Nutriband has a 12-month low of $3.72 and a 12-month high of $11.78. The stock has a market capitalization of $69.38 million, a P/E ratio of -8.76 and a beta of 1.18.

Nutriband Company Profile

(Get Free Report)

Nutriband Inc develops a portfolio of transdermal pharmaceutical products. Its lead product in development is AVERSA fentanyl, an abuse deterrent fentanyl transdermal system that provides clinicians and patients with an extended-release transdermal fentanyl product for use in managing chronic pain requiring around the clock opioid therapy.

Further Reading

Earnings History for Nutriband (NASDAQ:NTRB)

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