Nixxy Inc [NIXX] stock is trading at $2.09, up 16.11%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The NIXX shares have gain 14.21% over the last week, with a monthly amount glided 7.73%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Nixxy Inc [NASDAQ: NIXX] stock has seen the most recent analyst activity on December 09, 2021, when Maxim Group initiated its Buy rating and assigned the stock a price target of $9.
Nixxy Inc [NIXX] stock has fluctuated between $1.35 and $8.50 over the past year. Nixxy Inc [NASDAQ: NIXX] shares were valued at $2.09 at the most recent close of the market.
Analyzing the NIXX fundamentals
Nixxy Inc [NASDAQ:NIXX] reported sales of 1.79M for the trailing twelve months, which represents a growth of 527.66%. Gross Profit Margin for this corporation currently stands at 1.0% with Operating Profit Margin at -24.43%, Pretax Profit Margin comes in at -36.91%, and Net Profit Margin reading is -36.91%. To continue investigating profitability, this company’s Return on Assets is posted at -3.25, Equity is -6.03 and Total Capital is -5.8. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.46.
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 1.8400 points at the first support level, and at 1.6000 for the second support level. However, for the 1st resistance point, the stock is sitting at 2.2500, and for the 2nd resistance point, it is at 2.4100.
Ratios To Look Out For
For context, Nixxy Inc’s Current Ratio is 0.29. In addition, the Quick Ratio stands at 0.29 and the Cash Ratio stands at 0.58. Considering the valuation of this stock, the price to sales ratio is 23.36, the price to book ratio is 7.12.
Transactions by insiders
Recent insider trading involved GoLogiq, Inc., 10% Owner, that happened on Nov 06 ’24 when 0.13 million shares were purchased.
