Nixxy Inc [NASDAQ: NIXX] gained 2.61% on the last trading session, reaching $2.36 price per share at the time.
Nixxy Inc represents 20.01 million in outstanding shares, while the company has a total market value of $47.23 million with the latest information. NIXX stock price has been found in the range of $2.23 to $2.45.
If compared to the average trading volume of 253.10K shares, NIXX reached a trading volume of 303944 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 Nixxy Inc [NIXX]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for NIXX shares is $30.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on NIXX stock is a recommendation set at 1.00. 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.
Maxim Group have made an estimate for Nixxy Inc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on December 09, 2021.
The Price to Book ratio for the last quarter was 8.04, with the Price to Cash per share for the same quarter was set at 0.02.
Trading performance analysis for NIXX stock
Nixxy Inc [NIXX] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 32.58. With this latest performance, NIXX shares gained by 31.11% in over the last four-week period, additionally sinking by -49.25% over the last 6 months – not to mention a drop of -55.13% in the past year of trading.
Nixxy Inc [NIXX]: A deeper dive into fundamental analysis
Operating Margin for any stock indicates how profitable investing would be, and Nixxy Inc [NIXX] shares currently have an operating margin of -781.30% and a Gross Margin at -59.13%. Nixxy Inc’s Net Margin is presently recorded at -1476.39%.
Return on Equity for this stock declined to -241.02%, with Return on Assets sitting at -241.02%.
An analysis of Institutional ownership at Nixxy Inc [NIXX]
There are presently around $2.60%, or 2.98% of NIXX stock, in the hands of institutional investors.
