ShiftPixy Inc (NASDAQ: PIXY) is -27.29% lower on its value in year-to-date trading and has touched a low of $3.02 and a high of $115.09 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The PIXY stock was last observed hovering at around $3.25 in the last trading session, with the day’s gains setting it 0.72%.
Currently trading at $3.97, the stock is -1.13% and -19.13% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.73 million and changing 22.15% at the moment leaves the stock -77.97% off its SMA200. PIXY registered -96.24% loss for a year compared to 6-month loss of -63.25%. The firm has a 50-day simple moving average (SMA 50) of $1.71 and a 200-day simple moving average (SMA200) of -$0.83.
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The stock witnessed a -3.05% gain in the last 1 month and extending the period to 3 months gives it a -44.55%, and is 24.06% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 26.98% over the week and 13.85% over the month.
ShiftPixy Inc (PIXY) has around 31 employees, a market worth around $21.44M and $15.64M in sales. Profit margin for the company is -647.15%. Distance from 52-week low is 31.46% and -96.55% from its 52-week high.
ShiftPixy Inc quarterly earnings per share for the current quarter are estimated at -$1.01 with sales reaching $3.8M over the same period.The EPS is expected to grow by 91.68% this year, but quarterly earnings will post -7.80% year-over-year. Quarterly sales are estimated to shrink -30.90% in year-over-year returns.
12 institutions hold shares in ShiftPixy Inc (PIXY), with institutional investors hold 2.51% of the company’s shares. The shares outstanding are 5.40M, and float is at 0.52M with Short Float at 8.48%. Institutions hold 0.24% of the Float.
The top institutional shareholder in the company is HRT Financial LP with over 15032.0 shares valued at $0.78 million. The investor’s holdings represent 0.12% of the PIXY Shares outstanding. As of Jun 29, 2023, the second largest holder is Geode Capital Management, LLC with 12399.0 shares valued at $0.65 million to account for 0.10% of the shares outstanding. The other top investors are CIBC Asset Management Inc. which holds 10513.0 shares representing 0.09% and valued at over $0.55 million, while Jane Street Group, LLC holds 0.09% of the shares totaling 10806.0 with a market value of $0.56 million.
