Could Notable Labs Ltd (NTBL) stock price achieve new all-time highs if its expected earnings and revenue increase?

In yesterday’s Wall Street session, Notable Labs Ltd (NASDAQ:NTBL) shares traded at $0.38, up 57.02% from the previous session.

NTBL stock price is now -20.57% away from the 50-day moving average and -59.68% away from the 200-day moving average. The market capitalization of the company currently stands at $3.67M.

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, while ‘H.C. Wainwright’ rates the stock as ‘Neutral’

In other news, FR Capital Holdings, L.P., Former 10% Owner sold 50,000 shares of the company’s stock on Jan 02 ’24. The stock was sold for $94,670 at an average price of $1.89. Upon completion of the transaction, the Former 10% Owner now directly owns 880,489 shares in the company, valued at $0.33 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Dec 28 ’23, 10% Owner FR Capital Holdings, L.P. sold 21,500 shares of the business’s stock. A total of $43,146 was realized by selling the stock at an average price of $2.01. This leaves the insider owning 936,489 shares of the company worth $0.36 million. A total of 46.46% of the company’s stock is owned by insiders.

During the past 12 months, Notable Labs Ltd has had a low of $0.22 and a high of $5.27. As of last week, the company has a debt-to-equity ratio of 0.25, a current ratio of 2.77, and a quick ratio of 2.77. The fifty day moving average price for NTBL is $0.47668 and a two-hundred day moving average price translates $0.935195 for the stock.

The latest earnings results from Notable Labs Ltd (NASDAQ: NTBL) was released for 2024-06-30.

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