Nutriband (NASDAQ:NTRBW) Trading Down 9.7% – What’s Next?

Nutriband Inc. (NASDAQ:NTRBWGet Free Report)’s share price dropped 9.7% on Thursday . The company traded as low as $1.40 and last traded at $1.40. Approximately 8,275 shares were traded during trading, an increase of 183% from the average daily volume of 2,922 shares. The stock had previously closed at $1.55.

Nutriband Price Performance

The stock has a 50-day moving average price of $1.56 and a 200 day moving average price of $1.70.

Institutional Trading of Nutriband

An institutional investor recently bought a new position in Nutriband stock. Clear Street Group Inc. bought a new position in Nutriband Inc. (NASDAQ:NTRBWFree Report) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 61,590 shares of the company’s stock, valued at approximately $105,000.

About Nutriband

(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.

See Also

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.