What is the Market's View on Nutriband Inc (NTRB) Stock's Price and Volume Trends Monday?

The market has been high on Nutriband Inc (NTRB) stock recently. NTRB gets a Bullish score from InvestorsObserver Stock Sentiment Indicator.

Nutriband Inc has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on NTRB!

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What is Stock Sentiment?

Sentiment uses short term technical analysis to gauge whether a stock is desired by investors. As a technical indicator, it focuses on recent trends as opposed to the long term health of the underlying company. Updates for the company such as a earnings release can move the stock away from current trends. Recent trends are a good indicator of current market sentiments. In its most basic form, stocks that are trending up are desirable by investors while stocks currently falling must be unattractive. InvestorsObserver's Sentimental Indicator tracks both changes in price and volume to analyze the most recent trends. Typically an increase in volume indicates ongoing trends are getting stronger, while a decrease in volume usually signals an end to the current trend. Available options can also represent current sentiments for a given stock. Since investors are able to bet on future trends of stocks using options, we consider the ratio of calls to puts when analyzing market sentiments .

What's Happening With NTRB Stock Today?

Nutriband Inc (NTRB) stock is up 17.04% while the S&P 500 is lower by -0.09% as of 10:20 AM on Monday, Apr 1. NTRB has risen $0.77 from the previous closing price of $4.52 on volume of 53,863 shares. Over the past year the S&P 500 has risen 27.28% while NTRB has risen 74.01%. NTRB lost -$0.67 per share in the over the last 12 months. To see InvestorsObserver's Sentiment Score for Nutriband Inc click here.

More About Nutriband Inc

Nutriband Inc is primarily engaged in the development of a portfolio of transdermal pharmaceutical products. AVERSA technology is the company's lead product that incorporates aversive agents to prevent the Abuse, Diversion, Misuse, and Accidental exposure of drugs with abuse potential specifically Opioids. The majority of the revenue is generated from the sale of goods that include consumer transdermal and coated products. Click Here to get the full Stock Report for Nutriband Inc stock.