Connexa Sports Technologies Inc [NASDAQ: YYAI] stock went on a downward path that fall over -15.97% on Monday, amounting to a one-week price decrease of less than -34.49%.
Over the last 12 months, YYAI stock rose by 158.87%.
The market cap for the stock reached $46.75 million, with 14.56 million shares outstanding and 4.74 million shares in the current float. Compared to the average trading volume of 914.95K shares, YYAI stock reached a trading volume of 35804642 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on Connexa Sports Technologies Inc [YYAI]:
The Price to Book ratio for the last quarter was 1.85, with the Price to Cash per share for the same quarter was set at 0.10.
YYAI Stock Performance Analysis:
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 -34.49. With this latest performance, YYAI shares dropped by -9.07% in over the last four-week period, additionally plugging by 386.36% over the last 6 months – not to mention a rise of 158.87% 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 45.43, with the RSI for the last a single of trading hit 0.95, and the three-weeks RSI is set at 0.68 for Connexa Sports Technologies Inc [YYAI]. The present Moving Average for the last 50 days of trading for this stock 2.64, while it was recorded at 3.68 for the last single week of trading, and 1.52 for the last 200 days.
Insight into Connexa Sports Technologies Inc Fundamentals:
Operating Margin for any stock indicates how profitable investing would be, and Connexa Sports Technologies Inc [YYAI] shares currently have an operating margin of -38.32% and a Gross Margin at 78.07%. Connexa Sports Technologies Inc’s Net Margin is presently recorded at -81.59%.
Connexa Sports Technologies Inc (YYAI) Capital Structure & Debt Analysis
According to recent financial data for Connexa Sports Technologies Inc. ( YYAI), the Return on Equity (ROE) stands at -34.34%, highlighting a negative impact on investor capital. The Return on Assets (ROA) is -21.96%, reflecting the company’s efficiency in generating profits from its assets. Additionally, Connexa Sports Technologies Inc’s Return on Invested Capital (ROIC) is -23.69%, showcasing its effectiveness in deploying capital for earnings.
Connexa Sports Technologies Inc (YYAI) Efficiency & Liquidity Metrics
Based on Connexa Sports Technologies Inc’s (YYAI) latest financial statements, the Debt-to-Equity Ratio is 0.00%, indicating its reliance on debt financing relative to shareholder equity.
Connexa Sports Technologies Inc (YYAI) Efficiency & Liquidity Metrics
From an operational efficiency perspective, Connexa Sports Technologies Inc. (YYAI) effectively leverages its workforce, generating an average of -$427857.14 per employee. The company’s liquidity position is robust, with a Current Ratio of 3.45% and a Quick Ratio of 3.45%, indicating strong ability to cover short-term liabilities.
Connexa Sports Technologies Inc [YYAI] Institutonal Ownership Details
There are presently around $2.03%, or 5.73%% of YYAI stock, in the hands of institutional investors.
