Closing Bell Recap: Connexa Sports Technologies Inc. (YYAI) Ends at 0.89, Reflecting a -57.20 Downturn

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.

Connexa Sports Technologies Inc. (NASDAQ: YYAI) closed the day trading at $0.89 down -57.20% from the previous closing price of $2.09. In other words, the price has decreased by -$57.20 from its previous closing price. On the day, 13.15 million shares were traded. YYAI stock price reached its highest trading level at $2.34 during the session, while it also had its lowest trading level at $0.8321.

Ratios:

For a better understanding of YYAI, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.08 and its Current Ratio is at 1.20. In the meantime, Its Debt-to-Equity ratio is 1.41 whereas as Long-Term Debt/Eq ratio is at 0.31.

Valuation Measures:

For the stock, the TTM Price-to-Sale (P/S) ratio is 2.03 while its Price-to-Book (P/B) ratio in mrq is 4.55. Its current Enterprise Value per Revenue stands at 0.856 whereas that against EBITDA is -1.229.

Stock Price History:

Over the past 52 weeks, YYAI has reached a high of $14.00, while it has fallen to a 52-week low of $0.14. The 50-Day Moving Average of the stock is 91.28%, while the 200-Day Moving Average is calculated to be -54.31%.

Shares Statistics:

Over the past 3-months, YYAI traded about 10.44M shares per day on average, while over the past 10 days, YYAI traded about 11867400 shares per day. A total of 22.17M shares are outstanding, with a floating share count of 21.98M. Insiders hold about 0.88% of the company’s shares, while institutions hold 3.02% stake in the company.

Earnings Estimates

At present, Connexa Sports Technologies Inc analysts are actively evaluating the performance of Connexa Sports Technologies Inc. (YYAI) in the stock market.

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