Haven Private LLC Acquires New Stake in Nutriband Inc. (NASDAQ:NTRB)

Haven Private LLC bought a new position in Nutriband Inc. (NASDAQ:NTRB) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 11,561 shares of the company’s stock, valued at approximately $54,000. Haven Private LLC owned approximately 0.10% of Nutriband at the end of the most recent quarter.

Nutriband Trading Down 5.5 %

Shares of NASDAQ:NTRB opened at $6.51 on Friday. The company has a debt-to-equity ratio of 0.01, a current ratio of 4.96 and a quick ratio of 4.83. Nutriband Inc. has a 1 year low of $2.22 and a 1 year high of $11.78. The company has a market cap of $72.30 million, a P/E ratio of -9.17 and a beta of 1.12. The stock’s fifty day moving average price is $6.34 and its 200-day moving average price is $5.64.

Nutriband (NASDAQ:NTRB) last issued its quarterly earnings data on Tuesday, December 3rd. The company reported ($0.12) earnings per share for the quarter. Nutriband had a negative net margin of 338.51% and a negative return on equity of 54.49%. Sell-side analysts expect that Nutriband Inc. will post -0.6 earnings per share for the current year.

Analyst Ratings Changes

Separately, Noble Financial began coverage on shares of Nutriband in a report on Wednesday, January 22nd. They issued an “outperform” rating and a $13.00 price objective for the company.

Nutriband Profile

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.