Nutriband (NASDAQ:NTRBW) Trading Up 50% – Here’s What Happened

Shares of Nutriband Inc. (NASDAQ:NTRBWGet Free Report) traded up 50% during mid-day trading on Friday . The company traded as high as $0.90 and last traded at $1.35. 103 shares were traded during trading, a decline of 95% from the average session volume of 1,965 shares. The stock had previously closed at $0.90.

Nutriband Stock Performance

The stock has a fifty day simple moving average of $1.22 and a 200-day simple moving average of $1.38.

Hedge Funds Weigh In On Nutriband

An institutional investor recently bought a new position in Nutriband stock. Clear Street Group Inc. bought a new position in shares of Nutriband Inc. (NASDAQ:NTRBWFree Report) in the third quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 61,590 shares of the company’s stock, valued at approximately $105,000.

Nutriband Company Profile

(Get Free Report)

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. The company also develops other products, which include AVERSA buprenorphine and AVERSA methylphenidate; exenatide for type 2 diabetes; and follicle stimulating hormone for infertility.

Featured Articles

Receive News & Ratings for Nutriband Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nutriband and related companies with MarketBeat.com's FREE daily email newsletter.