In the latest session, Connexa Sports Technologies Inc (NASDAQ: CNXA) closed at $0.23 up 2.89% from its previous closing price of $0.22. In other words, the price has increased by $+0.0064 from its previous closing price. On the day, 1549069 shares were traded. CNXA stock price reached its highest trading level at $0.2369 during the session, while it also had its lowest trading level at $0.2188.
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 1.08 and its Current Ratio is at 1.20. In the meantime, Its Debt-to-Equity ratio is 1.41 whereas as Long-Term Debt/Eq ratio is at 0.31.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CNXA now has a Market Capitalization of 5.01M and an Enterprise Value of -6.46M. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.52 while its Price-to-Book (P/B) ratio in mrq is 1.16. Its current Enterprise Value per Revenue stands at -0.66 whereas that against EBITDA is -1.38.
Stock Price History:
Over the past 52 weeks, CNXA has reached a high of $14.00, while it has fallen to a 52-week low of $0.14. The 50-Day Moving Average of the stock is 0.2489, while the 200-Day Moving Average is calculated to be 2.7393.
Shares Statistics:
For the past three months, CNXA has traded an average of 9.88M shares per day and 1.46M over the past ten days. A total of 22.17M shares are outstanding, with a floating share count of 20.09M. Insiders hold about 9.40% of the company’s shares, while institutions hold 3.02% stake in the company. Shares short for CNXA as of Feb 29, 2024 were 229.42k with a Short Ratio of 0.02, compared to 1.82M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 1.06% and a Short% of Float of 1.07%.
