Connexa Sports Technologies Inc (YYAI): Uncovering A True Diamond In The Rough

Connexa Sports Technologies Inc (NASDAQ:YYAI) currently has a daily average trading volume of 310.27K but it saw 138391 shares traded in last market. With a market cap of 19.23M USD, the company’s current market price of $1.32 came rising about 0.76 while comparing to the previous closing price of $1.31. In past 52 weeks, the stock remained buoying in the range of price level as high as $53.00 and as low as $0.88. In the recent trading on the day, stock has struck highest price mark of $1.26 while lowest mark touched by it was $1.36.

Taking a look at 20-day trading activity of Connexa Sports Technologies Inc (YYAI) gives us an average price of $1.1589, while its current price level is -97.51% below from 52-week high level whereas it is 50.00% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $2.6860 while that of 200 days or SMA-200 reads an average of $9.5923. A closer look into the stock’s movement over the week reveals that its volatility is standing at 12.13% during that period while stretching the period over a month that increases to 12.94%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 36.48 which implies that the stock is in neutral territory.

Over the week, YYAI’s stock price is moving 6.45% up while it is 6.45% when we observe its performance for the past one month. Year-to-date it is 6.45% up and over the past year, the stock is showing a downside performance of -69.16%.

Currently, Connexa Sports Technologies Inc’s total number of outstanding shares is 6.44M. Company’s return on investment (ROI) stands at -275.33% and return on equity (ROE) at -113.43%. Stock’s beta reads 0.77. Stock has a price to book (P/B) ratio of 1.06 while price to sale or P/S ratio amounts to 4.75. Its return on asset (ROA) is -163.70% on average.