N2OFF (NASDAQ:NITO) Shares Down 4.2% – Here’s Why

Shares of N2OFF, Inc. (NASDAQ:NITOGet Free Report) traded down 4.2% during trading on Tuesday . The company traded as low as $0.38 and last traded at $0.39. 2,627,282 shares were traded during trading, a decline of 74% from the average session volume of 10,168,908 shares. The stock had previously closed at $0.40.

N2OFF Stock Performance

The stock’s 50 day simple moving average is $0.28 and its 200 day simple moving average is $0.49.

N2OFF Company Profile

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N2OFF, Inc, an agri-food tech company, engages in the development and sale of eco-friendly green solutions for the food industry to enhance food safety and shelf life of fresh produce. Its products are based on proprietary blend of food acids combined with various oxidizing agent-based sanitizers and low concentrated fungicides for cleaning, sanitizing, and controlling pathogens on fresh produce that are safer for human consumption and extend their shelf life by reducing their decay.

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