Connexa Sports Technologies Inc (NASDAQ: CNXA) closed the day trading at $0.24 down -0.74% from the previous closing price of $0.24. In other words, the price has decreased by -$0.0018 from its previous closing price. On the day, 842994 shares were traded. CNXA stock price reached its highest trading level at $0.2530 during the session, while it also had its lowest trading level at $0.2200.
Ratios:
For a better understanding of CNXA, 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:
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 5.46M and an Enterprise Value of -6.01M. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.54 while its Price-to-Book (P/B) ratio in mrq is 1.22. Its current Enterprise Value per Revenue stands at -0.61 whereas that against EBITDA is -1.29.
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 0.2460, while the 200-Day Moving Average is calculated to be 2.9372.
Shares Statistics:
Over the past 3-months, CNXA traded about 10.06M shares per day on average, while over the past 10 days, CNXA traded about 2.99M shares per day. 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 Feb 15, 2024 were 620.15k with a Short Ratio of 0.06, compared to 455.72k on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 18.05% and a Short% of Float of 18.31%.
