Research analysts at StockNews.com started coverage on shares of Neptune Wellness Solutions (NASDAQ:NEPT – Get Rating) (TSE:NTB) in a research report issued to clients and investors on Wednesday. The firm set a “sell” rating on the biotechnology company’s stock.
Neptune Wellness Solutions Price Performance
Neptune Wellness Solutions stock opened at $0.21 on Wednesday. The stock has a market cap of $2.48 million, a price-to-earnings ratio of -0.02 and a beta of 2.10. Neptune Wellness Solutions has a 12-month low of $0.20 and a 12-month high of $6.12. The company has a quick ratio of 0.38, a current ratio of 0.95 and a debt-to-equity ratio of 1.00. The business’s 50-day simple moving average is $0.49 and its 200 day simple moving average is $0.58.
Neptune Wellness Solutions (NASDAQ:NEPT – Get Rating) (TSE:NTB) last issued its earnings results on Thursday, March 30th. The biotechnology company reported ($0.61) earnings per share (EPS) for the quarter, beating the consensus estimate of ($1.01) by $0.40. Neptune Wellness Solutions had a negative net margin of 125.83% and a negative return on equity of 93.21%. The company had revenue of $12.21 million for the quarter, compared to analyst estimates of $13.15 million. As a group, research analysts anticipate that Neptune Wellness Solutions will post -9.42 earnings per share for the current year.
Institutional Inflows and Outflows
About Neptune Wellness Solutions
Neptune Wellness Solutions Inc, a health and wellness products company, specializes in the extraction, purification and formulation of cannabis products, as well as other specialty ingredients, such as MaxSimil, a patented ingredient that enhances the absorption of lipid-based nutraceuticals, and various other marine and seed oils.
- Get a free copy of the StockNews.com research report on Neptune Wellness Solutions (NEPT)
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