Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
The price of Connexa Sports Technologies Inc (NASDAQ: YYAI) closed at $2.29 in the last session, down -2.55% from day before closing price of $2.35. In other words, the price has decreased by -$2.55 from its previous closing price. On the day, 1.85 million shares were traded. YYAI stock price reached its highest trading level at $2.47 during the session, while it also had its lowest trading level at $1.92.
Ratios:
We take a closer look at YYAI’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 3.54 and its Current Ratio is at 3.54. 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, YYAI now has a Market Capitalization of 33349312 and an Enterprise Value of 33132726. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.46 while its Price-to-Book (P/B) ratio in mrq is 1.27. Its current Enterprise Value per Revenue stands at 2.641 whereas that against EBITDA is 3.658.
Stock Price History:
The Beta on a monthly basis for YYAI is -0.15, which has changed by -0.73977274 over the last 52 weeks, in comparison to a change of 0.17904854 over the same period for the S&P500. Over the past 52 weeks, YYAI has reached a high of $9.85, while it has fallen to a 52-week low of $0.35. The 50-Day Moving Average of the stock is -26.79%, while the 200-Day Moving Average is calculated to be 60.20%.
Shares Statistics:
According to the various share statistics, YYAI traded on average about 1.72M shares per day over the past 3-months and 1311420 shares per day over the past 10 days. A total of 14.56M shares are outstanding, with a floating share count of 4.74M. Insiders hold about 67.44% of the company’s shares, while institutions hold 2.03% stake in the company. Shares short for YYAI as of 1757894400 were 667244 with a Short Ratio of 0.39, compared to 1755216000 on 848334. Therefore, it implies a Short% of Shares Outstanding of 667244 and a Short% of Float of 10.37.
