Neptune Wellness Solutions (NEPT) Shares Up 7.9%

Neptune Wellness Solutions Inc (TSE:NEPT) shot up 7.9% during trading on Thursday . The company traded as high as C$4.21 and last traded at C$4.10. 267,736 shares were traded during mid-day trading, a decline of 15% from the average session volume of 313,347 shares. The stock had previously closed at C$3.80.

The company has a quick ratio of 1.86, a current ratio of 2.60 and a debt-to-equity ratio of 5.30.

In other news, Director Richard Paul Schottenfeld sold 291,115 shares of the business’s stock in a transaction on Thursday, September 20th. The shares were sold at an average price of C$4.66, for a total transaction of C$1,356,595.90. Also, insider Jacqueline Khayat sold 5,000 shares of the business’s stock in a transaction on Wednesday, September 19th. The shares were sold at an average price of C$6.50, for a total transaction of C$32,500.00. In the last ninety days, insiders sold 396,080 shares of company stock valued at $1,958,896.

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About Neptune Wellness Solutions (TSE:NEPT)

Neptune Wellness Solutions Inc, a health and wellness products company, engages in the extraction, purification, and formulation of value-added differentiated science based products. It develops turnkey nutrition product solutions in various delivery forms. The company offers specialty ingredients, such as MaxSimil, a patented ingredient that enhances the absorption of lipid-based nutraceuticals, and various other marine and seed oils.

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