NextNRG Inc (NXXT)’s latest quarter sales figures and margins explained

At the time of writing, NextNRG Inc [NXXT] stock is trading at $3.32, up 8.14%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The NXXT shares have gain 12.16% over the last week, with a monthly amount glided 17.73%, and seem to be holding up well over a long-time horizon.

From an analyst’s perspective:

For the past year, the stock price of NextNRG Inc fluctuated between $2.19 and $7.55. NextNRG Inc [NASDAQ: NXXT] shares were valued at $3.32 at the most recent close of the market.

Analyzing the NXXT fundamentals

According to NextNRG Inc [NASDAQ:NXXT], the company’s sales were 27.77M for trailing twelve months, which represents an 19.36% jump. To continue investigating profitability, this company’s Return on Assets is posted at -2.51, Equity is -0.0 and Total Capital is 0.0. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 4.86.

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 3.08 points at the first support level, and at 2.84 for the second support level. However, for the 1st resistance point, the stock is sitting at 3.48, and for the 2nd resistance point, it is at 3.64.

Ratios To Look Out For

It is important to note that NextNRG Inc [NASDAQ:NXXT] has a current ratio of 0.23. In addition, the Quick Ratio stands at 0.22 and the Cash Ratio stands at 0.0. Considering the valuation of this stock, the price to sales ratio is 13.39, the price to book ratio is 10.12.

Transactions by insiders

Recent insider trading involved Vaknin Avishai, Chief Technology Officer, that happened on Sep 19 ’24 when 644.0 shares were sold. Chief Technology Officer, Vaknin Avishai completed a deal on Sep 20 ’24 to sell 5.0 shares. Meanwhile, Chief Technology Officer Vaknin Avishai sold 5061.0 shares on Sep 17 ’24.

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