In terms of market performance, Nextracker Inc had a somewhat regular. The highest value for the stock in the past year was $62.14 on 03/11/24, while the lowest value was $28.24 on 03/17/23.
52-week price history of NXT Stock
Analyzing the 52-week price history of a stock, including its high and low prices, can provide valuable insight into its current status and potential future performance. Nextracker Inc’s current trading price is -2.57% away from its 52-week high, while its distance from the 52-week low is 114.38%. The stock’s price range for this period has remained between $28.24 and $62.14. The Technology sector company’s shares managed to surpass a trading volume of around 3.78 million for the day, which was noticeably lower compared to the shares’ average daily volume of 4.27 million over the last three months.
Financial Performance and Market Capitalization
Nextracker Inc (NXT) has experienced a quarterly rise of 47.73% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 8.27B and boasts a workforce of 606 employees.
Moving average and trading volume data
Based on Barchart.com data, the company’s moving average over the 100-day period was 46.10, with a change in price of +26.12. Similarly, Nextracker Inc recorded 3,370,724 in trading volume during the last 100 days, posting a change of +75.89%.
NXT Stock Stochastic Average
As of today, the raw stochastic average of Nextracker Inc over the past 50 days is 92.85%. This is a increase compared to the raw stochastic average of the last 20 days, which was recorded at 75.90%. Additionally, the Stochastic %K and %D values for the company were 72.24% and 68.74%, respectively, over the past 20 days.
NXT Stock Price Performance Analysis
A mixed performance in the stock price over the year has left investors with either an optimistic or pessimistic outlook, depending on their point of view. The index has shown a price gain of 29.22% this year. Over the last six months, there has been a weaker performance of 38.63%. The price of NXT fallen by 3.31% during the last 30 days period. For the last 5-days stocks have improved 3.52%.
