Connexa Sports Technologies Inc (NASDAQ: CNXA) is 637.83% higher on its value in year-to-date trading and has touched a low of $0.14 and a high of $14.00 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The CNXA stock was last observed hovering at around $1.08 in the last trading session, with the day’s gains setting it 0.42%.
Currently trading at $1.50, the stock is 344.41% and 393.83% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 16.82 million and changing 38.89% at the moment leaves the stock -29.98% off its SMA200. CNXA registered -74.19% loss for a year compared to 6-month loss of -20.00%.
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The stock witnessed a 561.38% gain in the last 1 month and extending the period to 3 months gives it a 566.37%, and is 400.33% 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 54.72% over the week and 24.94% over the month.
Connexa Sports Technologies Inc (CNXA) has around 9 employees, a market worth around $33.26M and $9.78M in sales. Profit margin for the company is -100.67%. Distance from 52-week low is 938.06% and -89.29% from its 52-week high. The company has generated returns on investments over the last 12 months (-186.04%).
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Connexa Sports Technologies Inc (CNXA) Top Institutional Holders
The shares outstanding are 22.17M, and float is at 21.98M with Short Float at 1.91%.
