The closing price of Connexa Sports Technologies Inc (NASDAQ: CNXA) was $0.60 for the day, up 48.51% from the previous closing price of $0.40. In other words, the price has increased by $+0.1957 from its previous closing price. On the day, 20960428 shares were traded. CNXA stock price reached its highest trading level at $0.6300 during the session, while it also had its lowest trading level at $0.4285.
Ratios:
Our analysis of CNXA’s different ratios will help us gain a deeper understanding of the company. 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:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CNXA now has a Market Capitalization of 10.72M and an Enterprise Value of -748.36k. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.36 while its Price-to-Book (P/B) ratio in mrq is 3.05. Its current Enterprise Value per Revenue stands at -0.08 whereas that against EBITDA is -0.16.
Stock Price History:
Over the past 52 weeks, CNXA 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 0.2660, while the 200-Day Moving Average is calculated to be 2.2530.
Shares Statistics:
CNXA traded an average of 9.19M shares per day over the past three months and 2.34M shares per day over the past ten days. A total of 22.17M shares are outstanding, with a floating share count of 20.09M. Insiders hold about 9.40% of the company’s shares, while institutions hold 3.02% stake in the company. Shares short for CNXA as of Mar 15, 2024 were 35.27k with a Short Ratio of 0.00, compared to 620.15k on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 0.13% and a Short% of Float of 0.13%.
