Is NextNRG Inc (NXXT) Stock a Good Buy for Short-term Investors?

NextNRG Inc [NXXT] stock is trading at $3.05, up 4.10%. 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 2.35% over the last week, with a monthly amount drifted -1.29%, and not seem to be holding up well over a long-time horizon.

From an analyst’s perspective:

NextNRG Inc [NXXT] stock has fluctuated between $2.19 and $6.85 over the past year. NextNRG Inc [NASDAQ: NXXT] shares were valued at $3.05 at the most recent close of the market.

Analyzing the NXXT fundamentals

NextNRG Inc [NASDAQ:NXXT] reported sales of 37.45M for the trailing twelve months, which represents a growth of 146.66%. Gross Profit Margin for this corporation currently stands at 2.15% with Operating Profit Margin at 1.78%, Pretax Profit Margin comes in at 2453950.9%, and Net Profit Margin reading is 2.17%. To continue investigating profitability, this company’s Return on Assets is posted at -0.55, Equity is -0.0 and Total Capital is 2.35. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.51.

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 2.94 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 3.12, and for the 2nd resistance point, it is at 3.20.

Ratios To Look Out For

For context, NextNRG Inc’s Current Ratio is 0.22. In addition, the Quick Ratio stands at 0.22 and the Cash Ratio stands at 0.07. Considering the valuation of this stock, the price to sales ratio is 9.65.

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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