Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
The closing price of NextNRG Inc (NASDAQ: NXXT) was $2.77 for the day, up 2.97% from the previous closing price of $2.69. In other words, the price has increased by $2.97 from its previous closing price. On the day, 1.83 million shares were traded. NXXT stock price reached its highest trading level at $2.89 during the session, while it also had its lowest trading level at $2.63.
Ratios:
Our analysis of NXXT’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 0.22 and its Current Ratio is at 0.22.
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 Sep 19 ’24 when Vaknin Avishai sold 644 shares for $3.55 per share. The transaction valued at 2,283 led to the insider holds 65,982 shares of the business.
Vaknin Avishai sold 5 shares of NXXT for $17 on Sep 20 ’24. The Chief Technology Officer now owns 65,977 shares after completing the transaction at $3.45 per share. On Sep 17 ’24, another insider, Vaknin Avishai, who serves as the Chief Technology Officer of the company, sold 5,061 shares for $4.20 each. As a result, the insider received 21,244 and left with 68,933 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, NXXT now has a Market Capitalization of 335568864 and an Enterprise Value of 353044320. For the stock, the TTM Price-to-Sale (P/S) ratio is 8.98. Its current Enterprise Value per Revenue stands at 9.428 whereas that against EBITDA is -36.113.
Stock Price History:
The Beta on a monthly basis for NXXT is -0.60, which has changed by -0.43756348 over the last 52 weeks, in comparison to a change of 0.12748289 over the same period for the S&P500. Over the past 52 weeks, NXXT has reached a high of $6.85, while it has fallen to a 52-week low of $2.19. The 50-Day Moving Average of the stock is -10.54%, while the 200-Day Moving Average is calculated to be -10.90%.
Shares Statistics:
NXXT traded an average of 64.11K shares per day over the past three months and 312730 shares per day over the past ten days. A total of 112.24M shares are outstanding, with a floating share count of 24.26M. Insiders hold about 80.02% of the company’s shares, while institutions hold 0.47% stake in the company. Shares short for NXXT as of 1749772800 were 44151 with a Short Ratio of 0.69, compared to 1747267200 on 40313. Therefore, it implies a Short% of Shares Outstanding of 44151 and a Short% of Float of 0.16.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
