Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
The closing price of Next Technology Holding Inc (NASDAQ: NXTT) was $0.6 for the day, down -40.50% from the previous closing price of $1.01. In other words, the price has decreased by -$40.50 from its previous closing price. On the day, 13.79 million shares were traded. NXTT stock price reached its highest trading level at $0.9998 during the session, while it also had its lowest trading level at $0.6.
Ratios:
Our analysis of NXTT’s different ratios will help us gain a deeper understanding of the company. 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 274215264 and an Enterprise Value of 275247584. As of this moment, Next’s Price-to-Earnings (P/E) ratio for their current fiscal year is 0.17. For the stock, the TTM Price-to-Sale (P/S) ratio is 152.34 while its Price-to-Book (P/B) ratio in mrq is 0.49. Its current Enterprise Value per Revenue stands at 152.915.
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 $0.22. The 50-Day Moving Average of the stock is -69.50%, while the 200-Day Moving Average is calculated to be -61.48%.
Shares Statistics:
NXTT traded an average of 876.95K shares per day over the past three months and 2297860 shares per day over the past ten days. 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 1.33, compared to 1752537600 on 1107641. Therefore, it implies a Short% of Shares Outstanding of 1167300 and a Short% of Float of 0.27.
