A Little Luck Can Go a Long Way with Novabay Pharmaceuticals Inc (NBY) as it 5-day change was -6.25%

Novabay Pharmaceuticals Inc (AMEX: NBY) started the day on Thursday, with a price increase of 1.33% at $0.08, before settling in for the price of $0.08 at the close. Taking a more long-term approach, NBY posted a 52-week range of $0.07-$1.95.

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It was noted that the giant of the Healthcare sector posted annual sales growth of 9.88% over the last 5 years. Meanwhile, its Annual Earning per share during the time was 24.47%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 93.18%. This publicly-traded company’s shares outstanding now amounts to $36.06 million, simultaneously with a float of $35.87 million. The organization now has a market capitalization sitting at $3.03 million. At the time of writing, stock’s 50-day Moving Average stood at $0.1287, while the 200-day Moving Average is $0.3512.

Novabay Pharmaceuticals Inc (NBY) Ownership Facts and Figures

Now let’s turn our focus to how large-scale investors are working with this stock of the Biotechnology Industry. Novabay Pharmaceuticals Inc’s current insider ownership accounts for 0.53%, in contrast to 3.30% institutional ownership.

Novabay Pharmaceuticals Inc (NBY) Earnings and Revenue Records

Wall Street market experts anticipate that the next fiscal year will bring earnings of 17.99 per share during the current fiscal year.

Novabay Pharmaceuticals Inc’s EPS increase for this current 12-month fiscal period is 93.18% and is forecasted to reach 0.03 in the upcoming year.

Novabay Pharmaceuticals Inc (AMEX: NBY) Trading Performance Indicators

Let’s observe the current performance indicators for Novabay Pharmaceuticals Inc (NBY). It’s Quick Ratio in the last reported quarter now stands at 1.00. The Stock has managed to achieve an average true range (ATR) of 0.01. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.21.

In the same vein, NBY’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -3.31, a figure that is expected to reach -0.15 in the next quarter, and analysts are predicting that it will be 0.03 at the market close of one year from today.

Technical Analysis of Novabay Pharmaceuticals Inc (NBY)

If we take a close look at the recent performances of Novabay Pharmaceuticals Inc (AMEX: NBY), its last 5-days Average volume was 4.27 million that shows progress from its year to date volume of 3.47 million. During the previous 9 days, stock’s Stochastic %D was recorded 33.08% While, its Average True Range was 0.0107.

Raw Stochastic average of Novabay Pharmaceuticals Inc (NBY) in the period of the previous 100 days is set at 5.04%, which indicates a major fall in contrast to 34.49% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 68.06% that was lower than 85.00% volatility it exhibited in the past 100-days period.