It’s Time To Focus On The Long Run With Connexa Sports Technologies Inc. (CNXA) stock

Connexa Sports Technologies Inc. (NASDAQ: CNXA) closed the day trading at $0.19 up 0.16% from the previous closing price of $0.19. In other words, the price has increased by $+0.0003 from its previous closing price. On the day, 365887 shares were traded. CNXA stock price reached its highest trading level at $0.2054 during the session, while it also had its lowest trading level at $0.1800.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free.



For a better understanding of CNXA, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.20 and its Current Ratio is at 0.50.

Upgrades & Downgrades

Insider Transactions:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Sep 08 when BitNile Holdings, Inc. sold 5,000 shares for $0.79 per share. The transaction valued at 3,968 led to the insider holds 1,265,000 shares of the business.

BitNile Holdings, Inc. sold 70,100 shares of CNXA for $61,723 on Sep 07. The 10% Owner now owns 1,270,000 shares after completing the transaction at $0.88 per share. On Aug 25, another insider, BitNile Holdings, Inc., who serves as the 10% Owner of the company, sold 39,990 shares for $1.00 each. As a result, the insider received 40,082 and left with 1,340,010 shares of the company.

Valuation Measures:

For the stock, the TTM Price-to-Sale (P/S) ratio is 0.16.

Stock Price History:

Over the past 52 weeks, CNXA has reached a high of $22.50, while it has fallen to a 52-week low of $0.18. The 50-Day Moving Average of the stock is 0.3134, while the 200-Day Moving Average is calculated to be 0.9593.

Shares Statistics:

Over the past 3-months, CNXA traded about 684.91K shares per day on average, while over the past 10 days, CNXA traded about 98.34k shares per day. A total of 12.66M shares are outstanding, with a floating share count of 8.22M. Insiders hold about 35.10% of the company’s shares, while institutions hold 8.70% stake in the company. Shares short for CNXA as of Oct 13, 2022 were 47.7k with a Short Ratio of 0.15M, compared to 2.99k on Sep 14, 2022. Therefore, it implies a Short% of Shares Outstanding of 0.34% and a Short% of Float of 0.41%.