N2OFF (NASDAQ:NITO) Releases Earnings Results

N2OFF (NASDAQ:NITO) announced its quarterly earnings data on Thursday. The company reported ($8.29) earnings per share (EPS) for the quarter, Zacks reports. N2OFF had a negative net margin of 2,422.21% and a negative return on equity of 196.54%.

N2OFF Stock Performance

N2OFF stock opened at $3.04 on Friday. The company has a market cap of $2.89 million, a price-to-earnings ratio of -0.09 and a beta of 1.63. N2OFF has a 12 month low of $2.81 and a 12 month high of $122.15. The company has a debt-to-equity ratio of 0.13, a current ratio of 4.73 and a quick ratio of 4.72. The stock’s 50-day moving average is $4.63 and its 200-day moving average is $7.68.

Analysts Set New Price Targets

A number of research analysts have weighed in on the company. Wall Street Zen raised N2OFF to a “sell” rating in a research note on Saturday, October 4th. Weiss Ratings reiterated a “sell (e+)” rating on shares of N2OFF in a research note on Wednesday, October 8th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock presently has an average rating of “Sell”.

N2OFF Company Profile

N2OFF, Inc, an agri-food tech company, engages in the development and sale of eco-friendly green solutions for the food industry to enhance food safety and shelf life of fresh produce. Its products are based on proprietary blend of food acids combined with various oxidizing agent-based sanitizers and low concentrated fungicides for cleaning, sanitizing, and controlling pathogens on fresh produce that are safer for human consumption and extend their shelf life by reducing their decay.