Stock Analysts at StockNews.com Neptune Wellness Solutions (NASDAQ:NEPT – Get Free Report) (TSE:NTB) It said this in a note issued to investors on Monday. The brokerage has set a “sell” rating on the biotechnology company’s stock.
Neptune Wellness Solutions Stock Performance
NEPT stock began trading at $0.20 on Monday. The company has a market capitalization of $906,000.00, a P/E ratio of 0.00 and a beta of 2.19. The company’s 50 day moving average is $0.41 and its 200 day moving average is $3.22. Neptune Wellness Solutions has a 52-week low of $0.19 and a 52-week high of $28.00.
Insider activity at Neptune Wellness Solutions
In other Neptune Wellness Solutions news, its majority shareholder, Securities Settlement Neptune sold 64,819 shares of the company’s stock in a transaction on Friday, March 1st. The shares were sold at an average price of $0.44, for a total transaction of $28,520.36. Following the completion of the sale, the insider now directly owns 1,738,116 shares of the company’s stock, valued at approximately $764,771.04. The transaction was disclosed in a document filed with the SEC, which can be accessed on the SEC’s website. 5.10% of the stock is currently owned by company insiders.
Neptune Wellness Solutions Institutional Trading
Large investors have recently added to or reduced their stakes in the business. Stifel Financial Corp bought a new position in shares of Neptune Wellness Solutions in the 1st quarter worth his $41,000. Citadel Advisors LLC bought a new position in shares of Neptune Wellness Solutions during the 3rd quarter valued at $43,000. Virtu Financial LLC increased its holdings in shares of Neptune Wellness Solutions by 257.6% in the 1st quarter. Virtu Financial LLC now owns 554,376 shares of the biotechnology company’s stock valued at $123,000 after purchasing an additional 399,362 shares in the last quarter. Morgan Stanley increased its holdings in shares of Neptune Wellness Solutions by 26,898.7% during the 4th quarter. Morgan Stanley now owns 544,833 shares of the biotechnology company’s stock valued at $172,000 after purchasing an additional 542,815 shares in the last quarter. Finally, Renaissance Technologies LLC increased its holdings in Neptune Wellness Solutions by 12.6% in the 3rd quarter. Renaissance Technologies LLC now owns 128,684 shares of the biotechnology company’s stock valued at $196,000 after purchasing an additional 14,395 shares in the last quarter. Institutional investors currently hold 14.44% of the stock.
Neptune Wellness Solutions Company Profile
(Get Free Report)
Neptune Wellness Solutions Inc is a health and wellness products company that 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 nutritional supplements. Masu. Other marine and seed oils.
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