NextPlay Technologies Inc. (NASDAQ:NXTP) went up by 14.71% from its latest closing price compared to the recent 1-year high of $3.68. The company’s stock price has collected 5.60% of gains in the last five trading sessions.
Is It Worth Investing in NextPlay Technologies Inc. (NASDAQ :NXTP) Right Now?
Plus, the 36-month beta value for NXTP is at 2.30. Opinions of the stock are interesting as 1 analysts out of 1 who provided ratings for NextPlay Technologies Inc. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 0 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $5.00, which is $3.19 above the current price. NXTP currently public float of 79.90M and currently shorts hold a 1.58% ratio of that float. Today, the average trading volume of NXTP was 1.44M shares.
NXTP’s Market Performance
NXTP stocks went up by 5.60% for the week, with a monthly jump of 0.34% and a quarterly performance of -54.55%, while its annual performance rate touched -87.57%. The volatility ratio for the week stands at 17.12% while the volatility levels for the past 30 days are set at 24.25% for NextPlay Technologies Inc.. The simple moving average for the period of the last 20 days is 25.70% for NXTP stocks with a simple moving average of -66.47% for the last 200 days.
Analysts’ Opinion of NXTP
Many brokerage firms have already submitted their reports for NXTP stocks, with H.C. Wainwright repeating the rating for NXTP by listing it as a “Buy.” The predicted price for NXTP in the upcoming period, according to H.C. Wainwright is $3 based on the research report published on August 20th of the previous year 2021.
NXTP Trading at -5.11% from the 50-Day Moving Average
After a stumble in the market that brought NXTP to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -91.71% of loss for the given period.
Volatility was left at 24.25%, however, over the last 30 days, the volatility rate increased by 17.12%, as shares surge +39.23% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -38.00% lower at present.
During the last 5 trading sessions, NXTP rose by +9.63%, which changed the moving average for the period of 200-days by -84.00% in comparison to the 20-day moving average, which settled at $0.2468. In addition, NextPlay Technologies Inc. saw -68.92% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for NXTP
Current profitability levels for the company are sitting at:
- -15873.15 for the present operating margin
- -7480.31 for the gross margin
The net margin for NextPlay Technologies Inc. stands at -34142.99. The total capital return value is set at -46.56, while invested capital returns managed to touch -130.53. Equity return is now at value -57.60, with -36.80 for asset returns.
Based on NextPlay Technologies Inc. (NXTP), the company’s capital structure generated 25.12 points at debt to equity in total, while total debt to capital is 20.07.
When we switch over and look at the enterprise to sales, we see a ratio of 3.29, with the company’s debt to enterprise value settled at 0.11. The receivables turnover for the company is 0.01 and the total asset turnover is 0.00. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.89.