Nyxoah SA [NASDAQ: NYXH] loss -6.97% or -0.58 points to close at $7.74 with a heavy trading volume of 116409 shares.
The daily chart for NYXH points out that the company has recorded -4.80% loss over the past six months.
If we look at the average trading volume of 156.59K shares, NYXH reached to a volume of 116409 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about Nyxoah SA [NYXH]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for NYXH shares is $13.59 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on NYXH stock is a recommendation set at 1.44. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
H.C. Wainwright have made an estimate for Nyxoah SA shares, keeping their opinion on the stock as Buy, with their previous recommendation back on July 31, 2023. While these analysts kept the previous recommendation, Robert W. Baird raised their target price to Neutral. The new note on the price target was released on July 19, 2023, representing the official price target for Nyxoah SA stock. Previously, the target price had yet another raise to $30, while Oppenheimer analysts kept a Outperform rating on NYXH stock.
The Average True Range (ATR) for Nyxoah SA is set at 0.52, with the Price to Sales ratio for NYXH stock in the period of the last 12 months amounting to 56.75. The Price to Book ratio for the last quarter was 2.89, with the Price to Cash per share for the same quarter was set at 1.98.
Trading performance analysis for NYXH stock
Nyxoah SA [NYXH] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 23.05. With this latest performance, NYXH shares gained by 30.74% in over the last four-week period, additionally sinking by -4.80% over the last 6 months – not to mention a drop of -22.60% 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 NYXH stock in for the last two-week period is set at 61.89, with the RSI for the last a single of trading hit 66.29, and the three-weeks RSI is set at 56.86 for Nyxoah SA [NYXH]. The present Moving Average for the last 50 days of trading for this stock 7.22, while it was recorded at 7.72 for the last single week of trading, and 8.61 for the last 200 days.
Nyxoah SA [NYXH]: A deeper dive into fundamental analysis
Nyxoah SA’s liquidity data is similarly interesting compelling, with a Quick Ratio of 3.35 and a Current Ratio set at 3.59.
Nyxoah SA [NYXH]: An earnings per share (EPS) analysis
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for NYXH. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Nyxoah SA go to 10.67%.
An analysis of Institutional ownership at Nyxoah SA [NYXH]
There are presently around $26.99%, or 46.32%% of NYXH stock, in the hands of institutional investors.
