Here is why Nxt-ID Inc. (NXTD) stock volatility recorded over the last month was 14.75%

Nxt-ID Inc. (NXTD) is priced at $0.33 after the most recent trading session. At the very opening of the session, the stock price was $0.3225 and reached a high price of $0.345, prior to closing the session it reached the value of $0.32. The stock touched a low price of $0.315.

Recently in News on November 6, 2020, NXT-ID, INC. TO ADJOURN ANNUAL MEETING OF STOCKHOLDERS. Nxt-ID, Inc. (NASDAQ: NXTD) today announced that the Company plans to adjourn the Annual Meeting of Stockholders, scheduled to be held on Friday, November 6, 2020 at 9:00 a.m. (Eastern Time), to Tuesday, November 17, 2020 at 9:00 a.m. (Eastern Time), to be held at the Company’s office at 288 Christian Street, Hangar C 2nd Floor, Oxford CT 06478. The Company is adjourning the Annual Meeting only with respect to Proposals Number 3 and Number 4. The Company will announce such adjournment at the currently scheduled Annual Meeting. You can read further details here


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Nxt-ID Inc. had a pretty Dodgy run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $0.8890 on 07/02/20, with the lowest value was $0.2130 for the same time period, recorded on 03/12/20.

Nxt-ID Inc. (NXTD) full year performance was -22.40%

Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, Nxt-ID Inc. shares are logging -63.34% during the 52-week period from high price, and 53.00% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $0.21 and $0.89.

The company’s shares, operating in the sector of Industrials managed to top a trading volume set approximately around 2168017 for the day, which was evidently lower, when compared to the average daily volumes of the shares.

When it comes to the year-to-date metrics, the Nxt-ID Inc. (NXTD) recorded performance in the market was -27.59%, having the revenues showcasing -34.89% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 12.38M, as it employees total of 30 workers.

Specialists analysis on Nxt-ID Inc. (NXTD)

During the last month, 0 analysts gave the Nxt-ID Inc. a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 0 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.

According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 0.4249, with a change in the price was noted -0.2260. In a similar fashion, Nxt-ID Inc. posted a movement of -40.95% for the period of last 100 days, recording 4,044,141 in trading volumes.

Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for NXTD is recording 1.69 at the time of this writing. In addition, long term Debt to Equity ratio is set at 1.33.

Trends and Technical analysis: Nxt-ID Inc. (NXTD)

Raw Stochastic average of Nxt-ID Inc. in the period of last 50 days is set at 13.97%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 11.03%. In the last 20 days, the company’s Stochastic %K was 10.26% and its Stochastic %D was recorded 13.68%.

Now, considering the stocks previous presentation, multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be encouraging, given the fact the metric is recording -27.59%. Additionally, trading for the stock in the period of the last six months notably deteriorated by -29.14%, alongside a downfall of -22.40% for the period of the last 12 months. The shares increased approximately by -16.41% in the 7-day charts and went up by -18.20% in the period of the last 30 days. Common stock shares were lifted by -34.89% during last recorded quarter.

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