There are mixed opinions on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”
The public float for NXPL is 13.98M, and at present, short sellers hold a 0.16% of that float. The average trading volume of NXPL on November 22, 2024 was 40.74K shares.
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NXPL) stock’s latest price update
NextPlat Corp (NASDAQ: NXPL)’s stock price has plunge by -6.07relation to previous closing price of 0.96. Nevertheless, the company has seen a 5.52% surge in its stock price over the last five trading sessions. prnewswire.com reported 2024-11-18 that OPKO Healthcare’s Veterinary Care Products to be Introduced at Asia’s Largest Health and Nutrition Tradeshow Company Invited to Present at Special Event Hosted by U.S. Consulate General During the Expo COCONUT GROVE, Fla., Nov. 18, 2024 /PRNewswire/ — NextPlat Corp (NASDAQ: NXPL, NXPLW) (“NextPlat” or the “Company”), a global e-commerce provider, today announced that it is participating in the 2024 China International Natural Health & Nutrition Expo (NHNE), Asia’s largest exhibition focused on the sales and marketing of health, nutrition and dietary supplement products, as the Company continues to ramp-up sales and promotional activities in China.
NXPL’s Market Performance
NXPL’s stock has risen by 5.52% in the past week, with a monthly drop of -17.81% and a quarterly drop of -26.83%. The volatility ratio for the week is 14.16% while the volatility levels for the last 30 days are 9.41% for NextPlat Corp The simple moving average for the last 20 days is -16.50% for NXPL stock, with a simple moving average of -27.92% for the last 200 days.
NXPL Trading at -24.59% from the 50-Day Moving Average
After a stumble in the market that brought NXPL to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -66.42% of loss for the given period.
Volatility was left at 9.41%, however, over the last 30 days, the volatility rate increased by 14.16%, as shares sank -16.67% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -36.29% lower at present.
During the last 5 trading sessions, NXPL rose by +5.52%, which changed the moving average for the period of 200-days by -39.19% in comparison to the 20-day moving average, which settled at $1.0778. In addition, NextPlat Corp saw -45.45% 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 NXPL starting from Miller John Edward, who purchase 5,000 shares at the price of $1.43 back on Apr 16 ’24. After this action, Miller John Edward now owns 28,000 shares of NextPlat Corp, valued at $7,150 using the latest closing price.
Stock Fundamentals for NXPL
Current profitability levels for the company are sitting at:
- -0.26 for the present operating margin
- 0.2 for the gross margin
The net margin for NextPlat Corp stands at -0.08. The total capital return value is set at -0.45. Equity return is now at value -45.66, with -23.68 for asset returns.
Based on NextPlat Corp (NXPL), the company’s capital structure generated 0.06 points at debt to capital in total, while cash flow to debt ratio is standing at -0.39. The debt to equity ratio resting at 0.06. The interest coverage ratio of the stock is -158.7.
Currently, EBITDA for the company is -19.68 million with net debt to EBITDA at 0.85. When we switch over and look at the enterprise to sales, we see a ratio of 0.01. The receivables turnover for the company is 5.45for trailing twelve months and the total asset turnover is 1.29. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.70.
Conclusion
In summary, NextPlat Corp (NXPL) has had a bad performance as of late. Analysts have mixed 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.
