Daily Market Movement: Nixxy Inc (NIXX) Sees a -11.05 Decrease, Closing at 1.69

In the quest to outshine the broader market, stock pickers diligently seek out stocks with the potential for superior performance. Making the right choices can significantly elevate your wealth.

The closing price of Nixxy Inc (NASDAQ: NIXX) was $1.69 for the day, down -11.05% from the previous closing price of $1.90. In other words, the price has decreased by -$11.05 from its previous closing price. On the day, 0.55 million shares were traded.

Ratios:

Our analysis of NIXX’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 0.58 and its Current Ratio is at 0.58. In the meantime, Its Debt-to-Equity ratio is 0.18 whereas as Long-Term Debt/Eq ratio is at 0.00.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Maxim Group on December 09, 2021, initiated with a Buy rating and assigned the stock a target price of $9.

Insider Transactions:

Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Nov 06 ’24 when GoLogiq, Inc. bought 126,970 shares for $2.75 per share.

Valuation Measures:

For the stock, the TTM Price-to-Sale (P/S) ratio is 37.69 while its Price-to-Book (P/B) ratio in mrq is 3.35.

Stock Price History:

Over the past 52 weeks, NIXX has reached a high of $8.50, while it has fallen to a 52-week low of $1.20. The 50-Day Moving Average of the stock is -48.30%, while the 200-Day Moving Average is calculated to be -37.49%.

Shares Statistics:

A total of 14.94M shares are outstanding, with a floating share count of 14.80M. Insiders hold about 0.94% of the company’s shares, while institutions hold 4.18% stake in the company.

Most Popular