The stock of NextTrip Inc (NTRP) has gone down by -26.82% for the week, with a -43.14% drop in the past month and a -46.33% drop in the past quarter. The volatility ratio for the week is 13.24%, and the volatility levels for the past 30 days are 10.47% for NTRP. The simple moving average for the past 20 days is -26.35% for NTRP’s stock, with a -44.92% simple moving average for the past 200 days.
Is It Worth Investing in NextTrip Inc (NASDAQ: NTRP) Right Now?
The 36-month beta value for NTRP is also noteworthy at 1.54. There are mixed opinions on the stock, with 1 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”
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The public float for NTRP is 1.09M, and at present, short sellers hold a 1.79% of that float. The average trading volume of NTRP on November 06, 2024 was 9.92K shares.
NTRP) stock’s latest price update
NextTrip Inc (NASDAQ: NTRP)’s stock price has gone decline by -12.97 in comparison to its previous close of 1.85, however, the company has experienced a -26.82% decrease in its stock price over the last five trading days. accesswire.com reported 2024-11-05 that One of Trustpilot’s Top-rated Travel Brands Brings its Proprietary Search Engine, Luxury Cruise Program, and Group Travel Pipeline, Along with Access to Additional Travel Agencies Acquisition is Highly Synergistic and Expected to Drive Growth SANTA FE, NM / ACCESSWIRE / November 5, 2024 / NextTrip, Inc. (NASDAQ:NTRP) (“NextTrip,” “we,” “our,” or the “company”), a leading travel technology company, announced today that it has signed a non-binding Letter of Intent (LOI) to acquire Five Star Alliance, an online luxury travel agency founded in 2004 and renowned for its curated collection of five-star luxury hotels and resorts worldwide. Key Five Star assets include: Proprietary search engine collecting the best rates at 5,000+ luxury hotels and resorts worldwide Established relationships of preferred suppliers and industry leaders Luxury cruise program Group travel pipeline 20-year reputation and authority Five Star Alliance specializes in helping travelers discover and book the world’s top luxury hotels, offering personalized recommendations, competitive rates, and is known for world-class customer service.
NTRP Trading at -37.15% from the 50-Day Moving Average
After a stumble in the market that brought NTRP to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -76.36% of loss for the given period.
Volatility was left at 10.47%, however, over the last 30 days, the volatility rate increased by 13.24%, as shares sank -41.45% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -40.37% lower at present.
During the last 5 trading sessions, NTRP fell by -26.82%, which changed the moving average for the period of 200-days by -52.79% in comparison to the 20-day moving average, which settled at $2.1860. In addition, NextTrip Inc saw -46.74% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at NTRP starting from KERBY WILLIAM, who purchase 6,000 shares at the price of $3.25 back on Feb 01 ’24. After this action, KERBY WILLIAM now owns 38,625 shares of NextTrip Inc, valued at $19,500 using the latest closing price.
KERBY WILLIAM, the Chief Executive Officer of NextTrip Inc, purchase 4,000 shares at $3.50 during a trade that took place back on Jan 19 ’24, which means that KERBY WILLIAM is holding 32,625 shares at $14,000 based on the most recent closing price.
Stock Fundamentals for NTRP
Current profitability levels for the company are sitting at:
- -9.22 for the present operating margin
- 0.11 for the gross margin
The net margin for NextTrip Inc stands at -9.12. The total capital return value is set at -1.12. Equity return is now at value -133.63, with -112.15 for asset returns.
Currently, EBITDA for the company is -8.55 million with net debt to EBITDA at 0.26. When we switch over and look at the enterprise to sales, we see a ratio of 7.25. The receivables turnover for the company is 4.05for trailing twelve months and the total asset turnover is 0.08. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.27.
Conclusion
In summary, NextTrip Inc (NTRP) has had a bad performance as of late. Analysts have bullish opinions on the stock, with some viewing it as a “buy” and others as a “hold”. 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.
