Nutriband (NASDAQ:NTRBW) Trading Down 8.1% – Should You Sell?

Nutriband Inc. (NASDAQ:NTRBWGet Free Report)’s stock price traded down 8.1% during mid-day trading on Thursday . The company traded as low as $1.41 and last traded at $1.47. 738 shares traded hands during mid-day trading, a decline of 90% from the average session volume of 7,096 shares. The stock had previously closed at $1.60.

Nutriband Stock Performance

The company’s 50-day simple moving average is $1.51 and its 200 day simple moving average is $1.31.

Nutriband Company Profile

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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.

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