Connexa Sports Technologies Inc (NASDAQ: YYAI)’s stock price has soared by 14.06 in relation to previous closing price of 0.90. Nevertheless, the company has seen a gain of 37.32% in its stock price over the last five trading days. globenewswire.com reported 2025-02-24 that Smyrna, DE, Feb. 24, 2025 (GLOBE NEWSWIRE) — As foreshadowed in a January 2025 press release, Connexa Sports Technologies Inc. (Nasdaq: YYAI) is pleased to announce that its majority-owned subsidiary, Yuanyu Enterprise Management Limited (YYEM), has signed an MCN (Multi-Channel Network) agency services agreement to create and sell content to TikTok as part of its exciting new vertical centered on social networking applications.
Is It Worth Investing in Connexa Sports Technologies Inc (NASDAQ: YYAI) Right Now?
YYAI has 36-month beta value of 0.05.
The public float for YYAI is 4.73M, and currently, short sellers hold a 6.32% ratio of that float. The average trading volume of YYAI on March 31, 2025 was 3.49M shares.
YYAI’s Market Performance
YYAI stock saw an increase of 37.32% in the past week, with a monthly gain of 67.05% and a quarterly increase of -11.03%. The volatility ratio for the week is 17.08%, and the volatility levels for the last 30 days are 17.67% for Connexa Sports Technologies Inc (YYAI). The simple moving average for the past 20 days is 32.88% for YYAI’s stock, with a -81.30% simple moving average for the past 200 days.
YYAI Trading at 58.54% from the 50-Day Moving Average
After a stumble in the market that brought YYAI to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -98.06% of loss for the given period.
Volatility was left at 17.67%, however, over the last 30 days, the volatility rate increased by 17.08%, as shares surge +56.06% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -16.26% lower at present.
During the last 5 trading sessions, YYAI rose by +37.32%, which changed the moving average for the period of 200-days by -93.38% in comparison to the 20-day moving average, which settled at $0.7752. In addition, Connexa Sports Technologies Inc saw -16.94% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for YYAI
Current profitability levels for the company are sitting at:
- -1.31 for the present operating margin
- 0.46 for the gross margin
The net margin for Connexa Sports Technologies Inc stands at -3.18. The total capital return value is set at -0.29. Equity return is now at value -124.69, with -71.59 for asset returns.
Currently, EBITDA for the company is -13.1 million with net debt to EBITDA at 0.01. When we switch over and look at the enterprise to sales, we see a ratio of 2.49. The receivables turnover for the company is 0.48for trailing twelve months and the total asset turnover is 0.19. The liquidity ratio also appears to be rather interesting for investors as it stands at 4.78.
Conclusion
To put it simply, Connexa Sports Technologies Inc (YYAI) 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.
