Neptune Wellness Solutions Inc. (NASDAQ:NEPT) stock observed trading -31.23% off 52-week high price. On the other end, the stock has been noted 53.03% away from low price over the last 52-weeks. The stock disclosed a move of 3.42% away from 50 day moving average and 2.90% away from 200 day moving average. Moving closer, we can see that shares have been trading 8.02% off 20-day moving average. It has market cap of $286.06M .

Neptune Wellness Solutions Inc. (NASDAQ:NEPT) (TSX: NEPT) revelaed that Dr. Graham Wood will be joining the Company’s management team as Chief Scientific Officer (CSO) as of May 1st, 2019.

With the creation of this new position, Neptune takes a significant step further in executing on its strategy toward global leadership in the offering of value added, differentiated science-based products for the legal cannabis and nutrition consumer product markets.

Jim Hamilton, President and CEO of Neptune said “We are delighted to welcome someone of Graham’s stature to steer our scientific efforts. Both cannabis and nutrition are global consumer product industries that hinge on value-added, differentiated and science-based products and Graham’s proven expertise will be invaluable in supporting Neptune’s leading capabilities in this regard”.

Wood said “Science is key to the development of effective condition-specific cannabinoid products for medical, wellness and lifestyle consumers. I am excited to join Neptune, whose long-standing experience in the health and wellness consumer product sector makes it ideally positioned to thrive in the global marketplace as the cannabis and the health and nutrition markets become increasingly intertwined”.

The Canada based company Neptune Wellness Solutions Inc. moved with change of -1.26% to $3.54 with the total traded volume of 283249 shares in recent session versus to an average volume of 591.83K. The stock was observed in the 5 days activity at 4.68%. The one month performance of stock was 7.51%. NEPT’s shares are at 5.29% for the quarter and driving a 25.17% return over the course of the past year and is now at 40.94% since this point in 2018.  The average volatility for the week and month was at 4.78% and 4.87% respectively. There are 79.9M shares outstanding and 58.69M shares are floated in market.

Leave a Reply

Your email address will not be published. Required fields are marked *