Next Technology Holding Inc [NASDAQ: NXTT] stock went on an upward path that rose over 661.29% on Friday, amounting to a one-week price increase of more than 707.11%.
Over the last 12 months, NXTT stock dropped by -43.68%.
The market cap for the stock reached $1.03 billion, with 436.27 million shares outstanding and 360.65 million shares in the current float. Compared to the average trading volume of 531.90K shares, NXTT stock reached a trading volume of 183774104 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on Next Technology Holding Inc [NXTT]:
The Average True Range (ATR) for Next Technology Holding Inc is set at 0.22, with the Price to Sales ratio for NXTT stock in the period of the last 12 months amounting to 571.99. The Price to Book ratio for the last quarter was 2.45, with the Price to Cash per share for the same quarter was set at 1.11.
NXTT Stock Performance Analysis:
Next Technology Holding Inc [NXTT] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 707.11. With this latest performance, NXTT shares gained by 825.49% in over the last four-week period, additionally plugging by 137.09% over the last 6 months – not to mention a drop of -43.68% 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 NXTT stock in for the last two-week period is set at 95.81, with the RSI for the last a single of trading hit 98.72, and the three-weeks RSI is set at 89.65 for Next Technology Holding Inc [NXTT]. The present Moving Average for the last 50 days of trading for this stock 0.37, while it was recorded at 0.71 for the last single week of trading, and 1.31 for the last 200 days.
Insight into Next Technology Holding Inc Fundamentals:
Next Technology Holding Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 153.91 and a Current Ratio set at 153.91.
