Next Technology Holding Inc (NASDAQ: NXTT) has a higher price-to-earnings ratio of 0.24x compared to its average ratio.
The public float for NXTT is 5.77M, and currently, short sellers hold a 0.13% ratio of that float. The average trading volume of NXTT on November 27, 2024 was 293.04K shares.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
NXTT) stock’s latest price update
Next Technology Holding Inc (NASDAQ: NXTT)’s stock price has dropped by -9.69 in relation to previous closing price of 2.27. Nevertheless, the company has seen a loss of -25.45% in its stock price over the last five trading days. investorplace.com reported 2024-08-21 that Next Technology Holding (NASDAQ: NXTT ) just reported results for the second quarter of 2024. Next Technology Holding reported earnings per share of -$1.92.
NXTT’s Market Performance
NXTT’s stock has fallen by -25.45% in the past week, with a monthly rise of 75.21% and a quarterly rise of 54.14%. The volatility ratio for the week is 33.72% while the volatility levels for the last 30 days are 30.40% for Next Technology Holding Inc The simple moving average for the past 20 days is 25.11% for NXTT’s stock, with a -32.91% simple moving average for the past 200 days.
NXTT Trading at 49.45% from the 50-Day Moving Average
After a stumble in the market that brought NXTT to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -69.22% of loss for the given period.
Volatility was left at 30.40%, however, over the last 30 days, the volatility rate increased by 33.72%, as shares surge +78.95% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +66.33% upper at present.
During the last 5 trading sessions, NXTT fell by -25.45%, which changed the moving average for the period of 200-days by -52.87% in comparison to the 20-day moving average, which settled at $1.64. In addition, Next Technology Holding Inc saw -46.75% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for NXTT
Current profitability levels for the company are sitting at:
- -3.0 for the present operating margin
- 0.2 for the gross margin
The net margin for Next Technology Holding Inc stands at 29.01. The total capital return value is set at -0.04. Equity return is now at value 55.23, with 51.81 for asset returns.
Currently, EBITDA for the company is -1.78 million with net debt to EBITDA at 0.29. When we switch over and look at the enterprise to sales, we see a ratio of 13.64. The receivables turnover for the company is 4.83for trailing twelve months and the total asset turnover is 0.01. The liquidity ratio also appears to be rather interesting for investors as it stands at 24.54.
Conclusion
To put it simply, Next Technology Holding Inc (NXTT) has had a mixed performance in recent times. Analysts have a mixed opinion on the stock, with some rating 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.
