NextPlat Corp (NASDAQ: NXPL)’s stock price has gone rise by 12.61 in comparison to its previous close of 1.11, however, the company has experienced a 9.65% increase in its stock price over the last five trading days. prnewswire.com reported 2024-12-17 that Revenue Growth and Expected Operational Cost-Cutting and Efficiencies to Support Goal of Positive Cash Flow in Late 2025 COCONUT GROVE, Fla., Dec. 17, 2024 /PRNewswire/ — NextPlat Corp (NASDAQ: NXPL, NXPLW) (“NextPlat” or the “Company”), a global e-Commerce provider, today announced that its Board of Directors has approved a share repurchase program authorizing the Company to repurchase up to $2,000,000 of the Company’s outstanding shares of common stock.
Is It Worth Investing in NextPlat Corp (NASDAQ: NXPL) Right Now?
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 NXPL is 13.98M, and currently, short sellers hold a 0.63% ratio of that floaft. The average trading volume of NXPL on January 22, 2025 was 367.79K shares.
NXPL’s Market Performance
The stock of NextPlat Corp (NXPL) has seen a 9.65% increase in the past week, with a 9.65% rise in the past month, and a 5.98% gain in the past quarter. The volatility ratio for the week is 9.52%, and the volatility levels for the past 30 days are at 18.31% for NXPL. The simple moving average for the past 20 days is 4.69% for NXPL’s stock, with a 6.83% simple moving average for the past 200 days.
NXPL Trading at 17.78% 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 -53.36% of loss for the given period.
Volatility was left at 18.31%, however, over the last 30 days, the volatility rate increased by 9.52%, as shares sank -2.34% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +5.93% upper at present.
During the last 5 trading sessions, NXPL rose by +9.65%, which changed the moving average for the period of 200-days by -15.54% in comparison to the 20-day moving average, which settled at $1.1940. In addition, NextPlat Corp saw 15.74% in overturn over a single year, with a tendency to cut further gains.
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:
- -0.33 for the present operating margin
- 0.19 for the gross margin
The net margin for NextPlat Corp stands at -0.19. The total capital return value is set at -0.7. 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 0.1 points at debt to capital in total, while cash flow to debt ratio is standing at -1.74. The debt to equity ratio resting at 0.11. The interest coverage ratio of the stock is -256.22.
Currently, EBITDA for the company is -19.68 million with net debt to EBITDA at 0.58. When we switch over and look at the enterprise to sales, we see a ratio of 0.22. The receivables turnover for the company is 7.74for trailing twelve months and the total asset turnover is 1.62. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.70.
Conclusion
In a nutshell, NextPlat Corp (NXPL) has experienced a better 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.
