Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
As of close of business last night, Nixxy Inc’s stock clocked out at $2.3, up 9.52% from its previous closing price of $2.1. In other words, the price has increased by $9.52 from its previous closing price. On the day, 0.64 million shares were traded. NIXX stock price reached its highest trading level at $2.4696 during the session, while it also had its lowest trading level at $2.085.
Ratios:
To gain a deeper understanding of NIXX’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.29 and its Current Ratio is at 0.29. In the meantime, Its Debt-to-Equity ratio is 0.22 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:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. 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:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, NIXX now has a Market Capitalization of 48674668 and an Enterprise Value of 41022720. For the stock, the TTM Price-to-Sale (P/S) ratio is 25.71 while its Price-to-Book (P/B) ratio in mrq is 7.84. Its current Enterprise Value per Revenue stands at 22.964 whereas that against EBITDA is -3.169.
Stock Price History:
The Beta on a monthly basis for NIXX is 1.25, which has changed by 0.20167184 over the last 52 weeks, in comparison to a change of 0.1185931 over the same period for the S&P500. Over the past 52 weeks, NIXX has reached a high of $8.50, while it has fallen to a 52-week low of $1.35. The 50-Day Moving Average of the stock is 22.71%, while the 200-Day Moving Average is calculated to be -12.22%.
Shares Statistics:
It appears that NIXX traded 246.87K shares on average per day over the past three months and 466200 shares per day over the past ten days. A total of 20.01M shares are outstanding, with a floating share count of 19.82M. Insiders hold about 0.94% of the company’s shares, while institutions hold 2.61% stake in the company. Shares short for NIXX as of 1749772800 were 150999 with a Short Ratio of 0.61, compared to 1747267200 on 165828. Therefore, it implies a Short% of Shares Outstanding of 150999 and a Short% of Float of 0.8099999999999999.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
