Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
Next Technology Holding Inc (NASDAQ: NXTT) closed the day trading at $6.79 down -1.45% from the previous closing price of $6.89. In other words, the price has decreased by -$1.45 from its previous closing price. On the day, 88300.0 shares were traded. NXTT stock price reached its highest trading level at $7.34 during the session, while it also had its lowest trading level at $6.405.
Ratios:
For a better understanding of NXTT, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 0.03 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 5.16. For the most recent quarter (mrq), Quick Ratio is recorded 114.15 and its Current Ratio is at 114.15. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, NXTT now has a Market Capitalization of 27720562 and an Enterprise Value of 9104781. As of this moment, Next’s Price-to-Earnings (P/E) ratio for their current fiscal year is 0.01. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.42 while its Price-to-Book (P/B) ratio in mrq is 0.03. Its current Enterprise Value per Revenue stands at 2.537.
Stock Price History:
The Beta on a monthly basis for NXTT is 7.12, which has changed by -0.9857054 over the last 52 weeks, in comparison to a change of 0.12159383 over the same period for the S&P500. Over the past 52 weeks, NXTT has reached a high of $960.00, while it has fallen to a 52-week low of $5.80. The 50-Day Moving Average of the stock is -65.93%, while the 200-Day Moving Average is calculated to be -96.34%.
Shares Statistics:
Over the past 3-months, NXTT traded about 262.50K shares per day on average, while over the past 10 days, NXTT traded about 46170 shares per day. A total of 2.87M shares are outstanding, with a floating share count of 2.86M. Insiders hold about 0.21% of the company’s shares, while institutions hold 0.73% stake in the company. Shares short for NXTT as of 1763078400 were 28033 with a Short Ratio of 0.11, compared to 1760486400 on 87219. Therefore, it implies a Short% of Shares Outstanding of 28033 and a Short% of Float of 0.69.
