Market Insight: Connexa Sports Technologies Inc (YYAI)’s Notable Drop, Closing at 0.85

The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.

In the latest session, Connexa Sports Technologies Inc (NASDAQ: YYAI) closed at $0.85 down -3.88% from its previous closing price of $0.88. In other words, the price has decreased by -$3.88 from its previous closing price. On the day, 1.06 million shares were traded. YYAI stock price reached its highest trading level at $1.0992 during the session, while it also had its lowest trading level at $0.85.

Ratios:

For a deeper understanding of Connexa Sports Technologies Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 4.78 and its Current Ratio is at 4.78. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, YYAI now has a Market Capitalization of 12380006. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.36 while its Price-to-Book (P/B) ratio in mrq is 0.47.

Stock Price History:

The Beta on a monthly basis for YYAI is 0.16, which has changed by -0.9007009 over the last 52 weeks, in comparison to a change of 0.092761636 over the same period for the S&P500. Over the past 52 weeks, YYAI has reached a high of $18.96, while it has fallen to a 52-week low of $0.35. The 50-Day Moving Average of the stock is 0.67%, while the 200-Day Moving Average is calculated to be -64.43%.

Shares Statistics:

For the past three months, YYAI has traded an average of 189.86K shares per day and 234950 over the past ten days. A total of 14.56M shares are outstanding, with a floating share count of 4.74M. Insiders hold about 67.44% of the company’s shares, while institutions hold 2.07% stake in the company. Shares short for YYAI as of 1748563200 were 141001 with a Short Ratio of 0.74, compared to 1745971200 on 273164. Therefore, it implies a Short% of Shares Outstanding of 141001 and a Short% of Float of 1.0.

Dividends & Splits

Against a Trailing Annual Dividend Yield of 0.0

Leave a Reply

Your email address will not be published. Required fields are marked *

DWinneX
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.