Should You Sell Next Technology Holding Inc (NXTT) And Go Away This Year?

Next Technology Holding Inc (NASDAQ:NXTT) currently has a daily average trading volume of 330.08K but it saw 91102 shares traded in last market. With a market cap of 17.86M USD, the company’s current market price of $2.56 came falling about -14.38 while comparing to the previous closing price of $2.99. In past 52 weeks, the stock remained buoying in the range of price level as high as $6.66 and as low as $0.94. In the recent trading on the day, stock has struck highest price mark of $2.4269 while lowest mark touched by it was $2.95.

Taking a look at 20-day trading activity of Next Technology Holding Inc (NXTT) gives us an average price of $2.40, while its current price level is -61.56% below from 52-week high level whereas it is 172.22% 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 $2.03 while that of 200 days or SMA-200 reads an average of $2.91. A closer look into the stock’s movement over the week reveals that its volatility is standing at 19.80% during that period while stretching the period over a month that decreases to 14.72%. 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 53.60 which implies that the stock is in neutral territory.

Over the week, NXTT’s stock price is moving 4.92% up while it is 5.35% when we observe its performance for the past one month. Year-to-date it is 4.92% up and over the past year, the stock is showing a downside performance of -31.73%.

Currently, Next Technology Holding Inc’s total number of outstanding shares is 6.98M. Company’s return on investment (ROI) stands at 25.37% and return on equity (ROE) at 55.23%. It has a price to earnings ratio (P/E ratio) of 0.30. Stock has a price to book (P/B) ratio of 0.24 while price to sale or P/S ratio amounts to 17.86. Its return on asset (ROA) is 51.81% on average.