Next Technology Holding Inc (NASDAQ: NXTT) is -52.02% lower on its value in year-to-date trading and has touched a low of $0.22 and a high of $6.00 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 NXTT stock was last observed hovering at around $3.44 in the last trading session, with the day’s gains setting it 2.98%.
Currently trading at $6.42M, the stock is 22.39% and 67.01% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.67 million and changing 2667354% at the moment leaves the stock 54.73% off its SMA200. NXTT registered -12.30% loss for a year compared to 6-month loss of 0.00%.
The stock witnessed a 8.08% gain in the last 1 month and extending the period to 3 months gives it a 492.80%, and is 76.86% 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 60.22% over the week and 25.62% over the month.
Next Technology Holding Inc (NXTT) has around 6 employees, a market worth around $933.61M and $1.80M in sales. Current P/E ratio is 0.94. Profit margin for the company is 10857.62%. Distance from 52-week low is 872.29% and -64.33% from its 52-week high. The company has generated returns on investments over the last 12 months (46.42%).
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Next Technology Holding Inc (NXTT) Top Institutional Holders
The shares outstanding are 436.27M, and float is at 360.65M with Short Float at 0.13%.