Geode Capital Management LLC Has $351,000 Position in Nutriband Inc. (NASDAQ:NTRB)

Geode Capital Management LLC lessened its holdings in Nutriband Inc. (NASDAQ:NTRB) by 17.5% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 58,063 shares of the company’s stock after selling 12,353 shares during the period. Geode Capital Management LLC owned approximately 0.52% of Nutriband worth $351,000 at the end of the most recent quarter.

Nutriband Trading Down 3.3 %

NTRB stock opened at $4.13 on Monday. Nutriband Inc. has a 1-year low of $2.22 and a 1-year high of $9.60. The company has a current ratio of 4.96, a quick ratio of 4.83 and a debt-to-equity ratio of 0.01. The business’s 50 day moving average is $4.58 and its 200-day moving average is $5.47. The firm has a market cap of $45.87 million, a P/E ratio of -5.82 and a beta of 0.99.

About Nutriband

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.