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 $29.28 on 05/02/23.
52-week price history of NXT Stock
A stock’s 52-week high and low prices can reveal a great deal about its present condition and potential future performance. Nextracker Inc’s current trading price is -31.01% away from its 52-week high, while its distance from the 52-week low is 46.41%. The stock’s price range during this period has fluctuated between $29.28 and $62.14. Shares of the company, which operates in the Technology sector, recorded a trading volume of around 3.48 million for the day, which was evidently lower than the average daily volume of 3.58 million over the last three months.
Financial Performance and Market Capitalization
Nextracker Inc (NXT) has experienced a quarterly decline of -5.30% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 5.85B 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 50.54, with a change in price of +3.30. Similarly, Nextracker Inc recorded 3,822,944 in trading volume during the last 100 days, posting a change of +8.34%.
NXT Stock Stochastic Average
Nextracker Inc’s raw stochastic average for the past 50 days is currently at 4.22%. This represents a fall from the raw stochastic average of the last 20 days, which was recorded at 7.78%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 10.46% and 11.07%, respectively.
NXT Stock Price Performance Analysis
Depending on how one views it, the stock price performance for the year has been a mixed bag, resulting in either an optimistic or pessimistic outlook. The metric has seen a significant loss of -8.50% since the start of this calendar year. Looking back over the last six months, we can see a weaker performance of 26.24%. Over the past 30 days, the price of NXT has leaped by -18.09%. And in the last five days, it has fallen by -2.37%.
