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After finishing at $4.47 in the prior trading day, Nixxy Inc (NASDAQ: NIXX) closed at $4.44, down -0.67%. In other words, the price has decreased by -$0.67 from its previous closing price. On the day, 0.1 million shares were traded. NIXX stock price reached its highest trading level at $4.58 during the session, while it also had its lowest trading level at $4.31.
Ratios:
Our goal is to gain a better understanding of NIXX by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.58 and its Current Ratio is at 0.58. In the meantime, Its Debt-to-Equity ratio is 0.18 whereas as Long-Term Debt/Eq ratio is at 0.00.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Maxim Group on December 09, 2021, initiated with a Buy rating and assigned the stock a target price of $9.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Nov 06 ’24 when GoLogiq, Inc. bought 126,970 shares for $2.75 per share.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, NIXX now has a Market Capitalization of 66332268 and an Enterprise Value of 11758913. For the stock, the TTM Price-to-Sale (P/S) ratio is 99.00 while its Price-to-Book (P/B) ratio in mrq is 8.80. Its current Enterprise Value per Revenue stands at 16.411 whereas that against EBITDA is -2.605.
Stock Price History:
The Beta on a monthly basis for NIXX is 1.05, which has changed by 1.627219 over the last 52 weeks, in comparison to a change of 0.23631513 over the same period for the S&P500. Over the past 52 weeks, NIXX has reached a high of $8.50, while it has fallen to a 52-week low of $1.12. The 50-Day Moving Average of the stock is 10.48%, while the 200-Day Moving Average is calculated to be 74.09%.
Shares Statistics:
The stock has traded on average 1.37M shares per day over the past 3-months and 201020 shares per day over the last 10 days, according to various share statistics. A total of 14.94M shares are outstanding, with a floating share count of 14.80M. Insiders hold about 0.94% of the company’s shares, while institutions hold 0.86% stake in the company. Shares short for NIXX as of 1730332800 were 120470 with a Short Ratio of 0.05, compared to 1726185600 on 34519. Therefore, it implies a Short% of Shares Outstanding of 120470 and a Short% of Float of 1.05.
