NextPlat Corp [NASDAQ: NXPL] surged by $0.05 during the normal trading session on Wednesday and reaching a high of $0.9499 during the day while it closed the day at $0.84.
NextPlat Corp stock has also gained 12.25% of its value over the past 7 days. However, NXPL stock has inclined by 23.41% in the 3 months of the year. Over the past six months meanwhile, it has gained 50.34% and lost -23.46% year-on date.
The market cap for NXPL stock reached $21.86 million, with 25.96 million shares outstanding and 18.20 million shares in the current float. Compared to the average trading volume of 311.72K shares, NXPL reached a trading volume of 9124377 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about NextPlat Corp [NXPL]:
The Price to Book ratio for the last quarter was 0.93, with the Price to Cash per share for the same quarter was set at 0.64.
NXPL stock trade performance evaluation
NextPlat Corp [NXPL] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 12.25. With this latest performance, NXPL shares gained by 1.65% in over the last four-week period, additionally plugging by 50.34% over the last 6 months – not to mention a drop of -22.05% 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 NXPL stock in for the last two-week period is set at 57.40, with the RSI for the last a single of trading hit 0.0732, and the three-weeks RSI is set at 0.0694 for NextPlat Corp [NXPL]. The present Moving Average for the last 50 days of trading for this stock 0.7791, while it was recorded at 0.7949 for the last single week of trading, and 0.7895 for the last 200 days.
NextPlat Corp [NXPL]: An insightful look at the core fundamentals
Operating Margin for any stock indicates how profitable investing would be, and NextPlat Corp [NXPL] shares currently have an operating margin of -17.82% and a Gross Margin at -0.68%. NextPlat Corp’s Net Margin is presently recorded at -17.64%.
NextPlat Corp (NXPL) Capital Structure & Debt Analysis
According to recent financial data for NextPlat Corp. ( NXPL), the Return on Equity (ROE) stands at -41.44%, highlighting a negative impact on investor capital. The Return on Assets (ROA) is -25.13%, reflecting the company’s efficiency in generating profits from its assets. Additionally, NextPlat Corp’s Return on Invested Capital (ROIC) is -41.94%, showcasing its effectiveness in deploying capital for earnings.
NextPlat Corp (NXPL) Efficiency & Liquidity Metrics
Based on NextPlat Corp’s (NXPL) latest financial statements, the Debt-to-Equity Ratio is 0.08%, indicating its reliance on debt financing relative to shareholder equity.
NextPlat Corp (NXPL) Efficiency & Liquidity Metrics
From an operational efficiency perspective, NextPlat Corp. (NXPL) effectively leverages its workforce, generating an average of -$57611.11 per employee. The company’s liquidity position is robust, with a Current Ratio of 4.33% and a Quick Ratio of 3.49%, indicating strong ability to cover short-term liabilities.
NextPlat Corp [NXPL]: Institutional Ownership
There are presently around $4.45%, or 8.49%% of NXPL stock, in the hands of institutional investors. The top three institutional holders of NXPL stocks are: GEODE CAPITAL MANAGEMENT, LLC with ownership of 92328.0 shares, which is approximately 0.4905%. VANGUARD GROUP INC, holding 62448.0 shares of the stock with an approximate value of $$67444.0 in NXPL stocks shares; and VANGUARD GROUP INC, currently with $$27707.0 in NXPL stock with ownership which is approximately 0.1363%.
