Company’s 36-month beta value is 1.37.Analysts have differing opinions on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for PIXY is 1.11M, and currently, short sellers hold a 10.60% ratio of that floaft. The average trading volume of PIXY on April 18, 2024 was 678.73K shares.
PIXY) stock’s latest price update
The stock of ShiftPixy Inc (NASDAQ: PIXY) has increased by 7.26 when compared to last closing price of 1.79.Despite this, the company has seen a loss of -20.33% in its stock price over the last five trading days. Business Wire reported 2024-03-22 that MIAMI–(BUSINESS WIRE)—- $PIXY #Gigeconomy–ShiftPixy, Inc. (Nasdaq: PIXY) (“ShiftPixy” or the “Company”), a Florida-based national human capital provisioning enterprise which designs, manages, and sells access to a disruptive, revolutionary platform that facilitates employment in the rapidly growing Gig Economy, today announced Scott Absher, CEO will present and discuss recent corporate events at the Webull LIVE! with Corporate Connect: Technology Investment Webinar on Wednesday, March 27th at 3:00 PM ET. Confere.
PIXY’s Market Performance
ShiftPixy Inc (PIXY) has seen a -20.33% fall in stock performance for the week, with a -71.76% decline in the past month and a -69.33% plunge in the past quarter. The volatility ratio for the week is 12.05%, and the volatility levels for the past 30 days are at 15.53% for PIXY. The simple moving average for the past 20 days is -31.84% for PIXY’s stock, with a -84.35% simple moving average for the past 200 days.
PIXY Trading at -47.16% from the 50-Day Moving Average
After a stumble in the market that brought PIXY to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -98.21% of loss for the given period.
Volatility was left at 15.53%, however, over the last 30 days, the volatility rate increased by 12.05%, as shares sank -62.28% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -58.26% lower at present.
During the last 5 trading sessions, PIXY fell by -20.33%, which changed the moving average for the period of 200-days by -96.31% in comparison to the 20-day moving average, which settled at $2.6585. In addition, ShiftPixy Inc saw -64.84% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for PIXY
Current profitability levels for the company are sitting at:
- -2.21 for the present operating margin
- 0.05 for the gross margin
The net margin for ShiftPixy Inc stands at -6.06. The total capital return value is set at 0.67. Equity return is now at value -144.94, with -49.76 for asset returns.
Based on ShiftPixy Inc (PIXY), the company’s capital structure generated -0.15 points at debt to capital in total, while cash flow to debt ratio is standing at -0.85.
Currently, EBITDA for the company is -25.57 million with net debt to EBITDA at -0.19. When we switch over and look at the enterprise to sales, we see a ratio of 1.1. The receivables turnover for the company is 7.54for trailing twelve months and the total asset turnover is 2.18. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.08.
Conclusion
In a nutshell, ShiftPixy Inc (PIXY) has experienced a bad performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
