Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
Next Technology Holding Inc (NASDAQ: NXTT) closed the day trading at $0.15 up 2.79% from the previous closing price of $0.15. In other words, the price has increased by $2.79 from its previous closing price. On the day, 275.03 million shares were traded. NXTT stock price reached its highest trading level at $0.2192 during the session, while it also had its lowest trading level at $0.13.
Ratios:
For a better understanding of NXTT, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 253.35 and its Current Ratio is at 253.35. 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, NXTT now has a Market Capitalization of 80215120 and an Enterprise Value of 69882632. As of this moment, Next’s Price-to-Earnings (P/E) ratio for their current fiscal year is 0.04. For the stock, the TTM Price-to-Sale (P/S) ratio is 44.57 while its Price-to-Book (P/B) ratio in mrq is 0.12. Its current Enterprise Value per Revenue stands at 38.824.
Stock Price History:
Over the past 52 weeks, NXTT has reached a high of $4.80, while it has fallen to a 52-week low of $0.13. The 50-Day Moving Average of the stock is -91.12%, while the 200-Day Moving Average is calculated to be -90.03%.
Shares Statistics:
Over the past 3-months, NXTT traded about 16.03M shares per day on average, while over the past 10 days, NXTT traded about 123872660 shares per day. A total of 436.27M shares are outstanding, with a floating share count of 377.18M. Insiders hold about 17.33% of the company’s shares, while institutions hold 0.46% stake in the company. Shares short for NXTT as of 1755216000 were 1167300 with a Short Ratio of 0.07, compared to 1752537600 on 1107641. Therefore, it implies a Short% of Shares Outstanding of 1167300 and a Short% of Float of 0.27.