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.
Nixxy Inc (NASDAQ: NIXX) closed the day trading at $1.81 down -7.65% from the previous closing price of $1.96. In other words, the price has decreased by -$7.65 from its previous closing price. On the day, 7.77 million shares were traded.
Ratios:
For a better understanding of NIXX, let’s look at its different ratios. 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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. 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 40.36 while its Price-to-Book (P/B) ratio in mrq is 3.59.
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 -53.97%, while the 200-Day Moving Average is calculated to be -32.90%.
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.
Earnings Estimates
The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.
Analysts are recommending an EPS of between $0 and $0 for the fiscal current year, implying an average EPS of $0.
