Next Technology Holding Inc (NASDAQ:NXTT) does about 380.60K shares in volume on a normal day but saw 2524717 shares change hands in the recent trading day. The company now has a market cap of 9.77M USD. Its current market price is $1.40, marking a decrease of -53.95% compared to the previous close of $3.04. The 52 week high reached by this stock is $6.66 whilst the lowest price level in 52 weeks is $0.94.
Next Technology Holding Inc (NXTT) has a 20-day trading average at $2.6082 and the current price is -78.98% off the 52-week high compared with 48.87% distance from its 52-week low. The 50-day simple moving average of the closing price is $2.3273 and its 200-day simple moving average is $2.7850. If we look at the stock’s price movements over the week, volatility stands at 56.17%, which decreases to 25.03% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 34.95 to suggest the stock is neutral.
The current price level is -46.32%, -39.84%, and -49.73% away from its SMA20, SMA50, and SMA200 respectively, with the NXTT price moving above the 50-day SMA on current market day. Next Technology Holding Inc (NXTT) stock is down -43.55% over the week and -26.32% over the past month. Its price is -42.62% year-to-date and -61.00% over the past year.
The company’s next earnings report forecasts estimating quarterly EPS at 0 and 0 for whole year.
Outstanding shares total 6.98M with insiders holding 22.51% of the shares and institutional holders owning 1.55% of the company’s common stock. The company has a return on investment of 25.37% and return on equity of 55.23%. The price to earnings ratio (P/E ratio) amounts to 0.17. Price to book ratio is 0.13 and price to sales ratio is 9.77.
