Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
The price of Connexa Sports Technologies Inc (NASDAQ: YYAI) closed at $1.23 in the last session, down -17.45% from day before closing price of $1.49. In other words, the price has decreased by -$17.45 from its previous closing price. On the day, 2.05 million shares were traded. YYAI stock price reached its highest trading level at $1.66 during the session, while it also had its lowest trading level at $1.17.
Ratios:
We take a closer look at YYAI’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 1.36 and its Current Ratio is at 1.45. In the meantime, Its Debt-to-Equity ratio is 0.33 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 17912490 and an Enterprise Value of 14830291. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.42 while its Price-to-Book (P/B) ratio in mrq is 0.98. Its current Enterprise Value per Revenue stands at 2.479 whereas that against EBITDA is -1.868.
Stock Price History:
The Beta on a monthly basis for YYAI is 0.75, which has changed by -0.5972973 over the last 52 weeks, in comparison to a change of 0.22212577 over the same period for the S&P500. Over the past 52 weeks, YYAI has reached a high of $53.00, while it has fallen to a 52-week low of $0.88. The 50-Day Moving Average of the stock is -48.89%, while the 200-Day Moving Average is calculated to be -87.09%.
Shares Statistics:
According to the various share statistics, YYAI traded on average about 315.05K shares per day over the past 3-months and 143930 shares per day over the past 10 days. A total of 6.44M shares are outstanding, with a floating share count of 4.73M. Insiders hold about 67.52% of the company’s shares, while institutions hold 0.39% stake in the company. Shares short for YYAI as of 1730332800 were 384889 with a Short Ratio of 0.79, compared to 1727654400 on 133860. Therefore, it implies a Short% of Shares Outstanding of 384889 and a Short% of Float of 6.43.
