Moreover, the 36-month beta value for NIXX is 1.05. Analysts have varying opinions on the stock, with 1 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for NIXX is 14.79M and currently, short sellers hold a 0.48% of that float. On January 14, 2025, NIXX’s average trading volume was 1.36M shares.
NIXX) stock’s latest price update
The stock price of Nixxy Inc (NASDAQ: NIXX) has dropped by -15.38 compared to previous close of 5.20. Despite this, the company has seen a fall of -27.63% in its stock price over the last five trading days. accesswire.com reported 2025-01-03 that NEW YORK, NY / ACCESSWIRE / January 3, 2025 / Nixxy, Inc, (Nasdaq:NIXX), or “the Company,” today announced the appointment of Debra Chen Volpone as Chief Executive Officer and a member of the Board, effective immediately. This marks a pivotal step in the Company’s growth strategy where she will lead the company forward through the acquisition, adoption, and development of consumer-facing AI & data-driven technologies.
NIXX’s Market Performance
Nixxy Inc (NIXX) has seen a -27.63% fall in stock performance for the week, with a -5.17% decline in the past month and a 69.23% surge in the past quarter. The volatility ratio for the week is 13.91%, and the volatility levels for the past 30 days are at 18.78% for NIXX. The simple moving average for the last 20 days is -15.68% for NIXX’s stock, with a simple moving average of 76.24% for the last 200 days.
Analysts’ Opinion of NIXX
Many brokerage firms have already submitted their reports for NIXX stocks, with Maxim Group repeating the rating for NIXX by listing it as a “Buy.” The predicted price for NIXX in the upcoming period, according to Maxim Group is $9 based on the research report published on December 09, 2021 of the previous year 2021.
NIXX Trading at 12.63% from the 50-Day Moving Average
After a stumble in the market that brought NIXX to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -48.24% of loss for the given period.
Volatility was left at 18.78%, however, over the last 30 days, the volatility rate increased by 13.91%, as shares surge +0.23% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +62.96% upper at present.
During the last 5 trading sessions, NIXX fell by -27.63%, which changed the moving average for the period of 200-days by +201.37% in comparison to the 20-day moving average, which settled at $5.22. In addition, Nixxy Inc saw -16.35% 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 NIXX starting from GoLogiq, Inc., who proposed sale 126,970 shares at the price of $2.75 back on Nov 06 ’24. After this action, GoLogiq, Inc. now owns shares of Nixxy Inc, valued at $349,168 using the latest closing price.
Stock Fundamentals for NIXX
Equity return is now at value -389.77, with -149.68 for asset returns.
The liquidity ratio also appears to be rather interesting for investors as it stands at 0.58.
Conclusion
To wrap up, the performance of Nixxy Inc (NIXX) has been mixed in recent times. The stock has received a bullish of “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.
