(NITO) N2OFF - Ratings and Ratios

N2OFF Inc, a pioneering agri-food tech company, is revolutionizing the food industry with its innovative, eco-friendly solutions that prioritize food safety and extend the shelf life of fresh produce. By leveraging a proprietary blend of food acids, oxidizing agent-based sanitizers, and low-concentrated fungicides, the company offers a range of products that are not only effective but also safer for human consumption.

The companys product portfolio includes SavePROTECT or PeroStar, a processing aid designed for post-harvest application, added to fruit and vegetable wash water to reduce decay and extend shelf life. Additionally, N2OFF offers SF3HS and SF3H, a post-harvest cleaning and sanitizing solution that controls plant and foodborne pathogens, as well as SpuDefender for controlling post-harvest potato sprouts and FreshProtect to control spoilage-creating microorganisms on post-harvest citrus fruits.

With a history dating back to 2009, N2OFF Inc has established itself as a leader in the agri-food tech industry, with its headquarters located in Hod HaSharon, Israel. The companys recent name change from Save Foods, Inc to N2OFF, Inc in March 2024 signifies its commitment to expanding its product offerings and solidifying its position in the market.

Analyzing the companys technical data, we observe that the stock is currently trading at $0.28, below its 20-day SMA of $0.33 and 200-day SMA of $0.42. The ATR of $0.07 indicates a relatively high volatility of 26.26%. Considering the fundamental data, the companys market capitalization stands at $7.12M USD, with a negative P/E ratio and a Return on Equity of -111.76%. Given these factors, a forecast for N2OFF Inc suggests that the stock may experience a short-term correction, potentially reaching the 52-week high of $2.64 if the company can successfully execute its business strategy and expand its market share. However, if the current trend persists, the stock may continue to decline towards the 52-week low of $0.17.

To determine the likelihood of N2OFF Incs success, it is essential to monitor the companys progress in expanding its product offerings, increasing its market share, and improving its financial performance. A thorough analysis of the companys financial statements, management team, and industry trends will provide valuable insights into its potential for growth and returns on investment.