The stock of Next Technology Holding Inc (NASDAQ: NXTT) has decreased by -11.63 when compared to last closing price of 0.36. Despite this, the company has experienced a -4.49% fall in its stock price over the last five trading sessions. 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.
Is It Worth Investing in Next Technology Holding Inc (NASDAQ: NXTT) Right Now?
The price-to-earnings ratio for Next Technology Holding Inc (NASDAQ: NXTT) is above average at 0.04x,
The public float for NXTT is 5.77M, and currently, short sellers hold a 5.19% ratio of that floaft. The average trading volume of NXTT on March 25, 2025 was 624.75K shares.
NXTT’s Market Performance
NXTT stock saw a decrease of -4.49% in the past week, with a monthly decline of -75.65% and a quarterly a decrease of -84.21%. The volatility ratio for the week is 11.19%, and the volatility levels for the last 30 days are 28.34% for Next Technology Holding Inc (NXTT). The simple moving average for the last 20 days is -38.67% for NXTT stock, with a simple moving average of -84.14% for the last 200 days.
NXTT Trading at -74.02% 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 -95.21% of loss for the given period.
Volatility was left at 28.34%, however, over the last 30 days, the volatility rate increased by 11.19%, as shares sank -74.48% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -87.54% lower at present.
During the last 5 trading sessions, NXTT fell by -4.49%, which changed the moving average for the period of 200-days by -91.52% in comparison to the 20-day moving average, which settled at $0.5201. In addition, Next Technology Holding Inc saw -86.93% 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 1.56. 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
In a nutshell, Next Technology Holding Inc (NXTT) has experienced a bad 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.
