Nutriband (NASDAQ:NTRBW) Stock Price Up 50% – Time to Buy?

Nutriband Inc. (NASDAQ:NTRBWGet Free Report)’s share price shot up 50% on Friday . The stock traded as high as $0.90 and last traded at $1.35. 103 shares traded hands during trading, a decline of 95% from the average session volume of 1,965 shares. The stock had previously closed at $0.90.

Nutriband Trading Up 50.0%

The company has a 50-day simple moving average of $1.22 and a two-hundred day simple moving average of $1.38.

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 third quarter, according to its most recent disclosure 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.

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