Connexa Sports Technologies Inc (NASDAQ: YYAI) is -22.58% lower on its value in year-to-date trading and has touched a low of $0.35 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 $0.82 in the last trading session, with the day’s gains setting it 0.14%.
Currently trading at $0.96, the stock is 56.00% and 20.00% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.01 million and changing 17.22% at the moment leaves the stock -85.62% off its SMA200. YYAI registered -81.87% loss for a year compared to 6-month loss of -84.31%.
The stock witnessed a 140.36% gain in the last 1 month and extending the period to 3 months gives it a -32.39%, and is 55.69% 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 27.33% over the week and 24.55% over the month.
Connexa Sports Technologies Inc (YYAI) has around 8 employees, a market worth around $13.98M and $4.05M in sales. Profit margin for the company is -546.86%. Distance from 52-week low is 174.21% and -98.19% 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 11.69%.
