Connexa Sports Technologies Inc (NASDAQ: YYAI) is -16.13% lower on its value in year-to-date trading and has touched a low of $0.88 and a high of $53.00 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 YYAI stock was last observed hovering at around $1.23 in the last trading session, with the day’s loss setting it -0.19%.
Currently trading at $1.04, the stock is -13.25% and -55.82% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.23 million and changing -15.45% at the moment leaves the stock -89.06% off its SMA200. YYAI registered -73.87% loss for a year compared to 6-month loss of -93.68%. The firm has a 50-day simple moving average (SMA 50) of $2.40676 and a 200-day simple moving average (SMA200) of $9.525935.
The stock witnessed a -3.70% gain in the last 1 month and extending the period to 3 months gives it a -74.70%, and is -21.21% down 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 31.14% over the week and 17.22% over the month.
Connexa Sports Technologies Inc (YYAI) has around 8 employees, a market worth around $15.14M and $4.05M in sales. Profit margin for the company is -546.86%. Distance from 52-week low is 18.18% and -98.04% from its 52-week high. The company has generated returns on investments over the last 12 months (-275.33%).
The shares outstanding are 6.44M, and float is at 4.73M with Short Float at 5.24%.
