Analysts at StockNews.com assumed coverage on shares of Neptune Wellness Solutions (NASDAQ:NEPT – Get Rating) (TSE:NTB) in a research note issued on Wednesday. The brokerage set a “sell” rating on the biotechnology company’s stock.
Neptune Wellness Solutions Trading Down 7.7 %
Shares of NASDAQ NEPT opened at $0.18 on Wednesday. The company’s fifty day moving average is $0.48 and its 200-day moving average is $0.58. The stock has a market cap of $2.20 million, a price-to-earnings ratio of -0.02 and a beta of 2.11. Neptune Wellness Solutions has a twelve month low of $0.11 and a twelve 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.
Neptune Wellness Solutions (NASDAQ:NEPT – Get Rating) (TSE:NTB) last issued its quarterly earnings data on Thursday, March 30th. The biotechnology company reported ($0.61) EPS for the quarter, topping analysts’ consensus estimates 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 business had revenue of $12.21 million for the quarter, compared to analyst estimates of $13.15 million. Equities research analysts predict that Neptune Wellness Solutions will post -9.42 EPS for the current year.
Institutional Investors Weigh In On Neptune Wellness Solutions
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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