Nyxoah SA (NYXH) Stock: A Closer Look

Nyxoah SA [NYXH] stock is trading at $10.91, saw in change for the day. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The NYXH shares have gain 17.95% over the last week, with a monthly amount glided 36.37%, and seem to be holding up well over a long-time horizon.

From an analyst’s perspective:

On April 21, 2022, Oppenheimer initiated with a Outperform rating and assigned a price target of $30 on the stock. Wolfe Research started tracking the stock assigning a Peer Perform rating and suggested a price target of $21 on April 06, 2022. Cantor Fitzgerald started tracking with a Overweight rating for this stock on July 28, 2021, and assigned it a price target of $43.

Nyxoah SA [NYXH] stock has fluctuated between $4.00 and $20.00 over the past year. Currently, Wall Street analysts expect the stock to reach $17 within the next 12 months. Nyxoah SA [NASDAQ: NYXH] shares were valued at $10.91 at the most recent close of the market. An investor can expect a potential return of 55.82% based on the average NYXH price forecast.

Analyzing the NYXH fundamentals

Nyxoah SA [NASDAQ:NYXH] reported sales of 5.51M for the trailing twelve months, which represents a growth of 30.99%. Gross Profit Margin for this corporation currently stands at 0.35% with Operating Profit Margin at -10.19%, Pretax Profit Margin comes in at -10.35%, and Net Profit Margin reading is -10.43%. To continue investigating profitability, this company’s Return on Assets is posted at -0.37, Equity is -0.52 and Total Capital is -0.41. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.22.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 10.59 points at the first support level, and at 10.28 for the second support level. However, for the 1st resistance point, the stock is sitting at 11.30, and for the 2nd resistance point, it is at 11.70.

Ratios To Look Out For

For context, Nyxoah SA’s Current Ratio is 5.28. As well, the Quick Ratio is 4.95, while the Cash Ratio is 1.81. Considering the valuation of this stock, the price to sales ratio is 68.09, the price to book ratio is 3.21.

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