Connexa Sports Technologies Inc (NASDAQ: YYAI) is -78.83% lower on its value in year-to-date trading and has touched a low of $0.35 and a high of $16.90 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 $2.45 in the last trading session, with the day’s gains setting it 0.08%.
Currently trading at $2.53, the stock is 123.49% and 160.45% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 7.12 million and changing 3.27% at the moment leaves the stock 47.54% off its SMA200. YYAI registered 104.03% gain for a year compared to 6-month gain of 301.91%. The firm has a 50-day simple moving average (SMA 50) of $0.97146 and a 200-day simple moving average (SMA200) of $1.714795.
The stock witnessed a 184.27% loss in the last 1 month and extending the period to 3 months gives it a 216.84%, and is 136.45% 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 32.79% over the week and 14.08% over the month.
Connexa Sports Technologies Inc (YYAI) has around 8 employees, a market worth around $36.85M and $5.25M in sales. Profit margin for the company is -357.56%. Distance from 52-week low is 622.65% and -85.03% from its 52-week high. The company has generated returns on investments over the last 12 months (-72.02%).
10.0 institutions hold shares in Connexa Sports Technologies Inc (YYAI), with institutional investors hold 9.88% of the company’s shares. The shares outstanding are 14.56M, and float is at 4.74M with Short Float at 4.89%. Institutions hold 2.07% of the Float.
