Neptune Wellness Solutions (NEPT) Stock Forecast, Price & News

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Neptune Wellness Solutions in the last twelve months. There are currently 1 hold rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" NEPT shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in NEPT, but not buy additional shares or sell existing shares.
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Neptune Wellness Solutions' stock was trading at $0.3151 at the start of the year. Since then, NEPT stock has decreased by 40.1% and is now trading at $0.1889.
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Neptune Wellness Solutions saw a increase in short interest in May. As of May 15th, there was short interest totaling 335,800 shares, an increase of 26.1% from the April 30th total of 266,200 shares. Based on an average daily trading volume, of 276,000 shares, the days-to-cover ratio is presently 1.2 days. Currently, 5.3% of the shares of the company are sold short.
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The company is scheduled to release its next quarterly earnings announcement on Friday, July 14th 2023.
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Neptune Wellness Solutions Inc (NASDAQ:NEPT) announced its quarterly earnings results on Thursday, March, 30th. The biotechnology company reported ($0.61) EPS for the quarter, topping analysts' consensus estimates of ($1.01) by $0.40. The biotechnology company had revenue of $12.21 million for the quarter, compared to analyst estimates of $13.15 million. Neptune Wellness Solutions had a negative trailing twelve-month return on equity of 93.21% and a negative net margin of 125.83%.

Amplify Seymour Cannabis ETF holds 48,034 shares of NEPT stock, representing 0.13% of its portfolio.

Neptune Wellness Solutions shares reverse split on the morning of Monday, June 13th 2022. The 1-35 reverse split was announced on Monday, June 13th 2022. The number of shares owned by shareholders was adjusted after the closing bell on Monday, June 13th 2022. An investor that had 100 shares of stock prior to the reverse split would have 3 shares after the split.

Based on aggregate information from My MarketBeat watchlists, some companies that other Neptune Wellness Solutions investors own include Tilray (TLRY), Aurora Cannabis (ACB), Cronos Group (CRON), Cara Therapeutics (CARA), Innovative Industrial Properties (IIPR), Zynerba Pharmaceuticals (ZYNE), Amarin (AMRN) and NewAge (NBEV).

Neptune Wellness Solutions trades on the NASDAQ under the ticker symbol "NEPT."

Neptune Wellness Solutions' stock is owned by many different retail and institutional investors. Top institutional investors include Sabby Management LLC (3.35%) and Stifel Financial Corp (0.66%).

Shares of NEPT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of NEPT stock can currently be purchased for approximately $0.19.

Neptune Wellness Solutions (NASDAQ:NEPT) has a market capitalization of $4.56 million and generates $48.80 million in revenue each year. The biotechnology company earns $-74,970,000.00 in net income (profit) each year or ($10.91) on an earnings per share basis.

Neptune Wellness Solutions' mailing address is 545 PROMENADE DU CENTROPOLIS SUITE 100, LAVAL A8, H7T 0A3. The official website for the company is www.neptunecorp.com. The biotechnology company can be reached via phone at 45-0687-2262, via email at m.paradis@neptunecorp.com, or via fax at 45-0687-2272.