Connexa Sports Technologies Inc [NASDAQ: YYAI] traded at a high on Monday, posting a 33.95 gain after which it closed the day’ session at $0.60.
The results of the trading session contributed to over 20629401 shares changing hands. Over the past one week, the price volatility of Connexa Sports Technologies Inc stands at 42.94% while the volatility over the past one month is 24.84%.
The market cap for YYAI stock reached $8.73 million, with 6.44 million shares outstanding and 4.73 million shares in the current float. Compared to the average trading volume of 419.03K shares, YYAI reached a trading volume of 20629401 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about Connexa Sports Technologies Inc [YYAI]?
The Average True Range (ATR) for Connexa Sports Technologies Inc is set at 0.26, with the Price to Sales ratio for YYAI stock in the period of the last 12 months amounting to 2.16. The Price to Book ratio for the last quarter was 0.48, with the Price to Cash per share for the same quarter was set at 1.25.
How has YYAI stock performed recently?
Connexa Sports Technologies Inc [YYAI] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -27.70. With this latest performance, YYAI shares dropped by -45.45% in over the last four-week period, additionally sinking by -94.53% over the last 6 months – not to mention a drop of -82.35% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for YYAI stock in for the last two-week period is set at 29.86, with the RSI for the last a single of trading hit 30.02, and the three-weeks RSI is set at 31.27 for Connexa Sports Technologies Inc [YYAI]. The present Moving Average for the last 50 days of trading for this stock 1.8437, while it was recorded at 0.5936 for the last single week of trading, and 9.3254 for the last 200 days.
Connexa Sports Technologies Inc [YYAI]: Deeper insight into the fundamentals
Connexa Sports Technologies Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.36 and a Current Ratio set at 1.45.