Next Technology Holding Inc’s market performance has been unstable in recent times. The company’s stock hit a 1-year high of $6.66 on 04/03/24 and a low of $0.94 for the same time frame on 11/06/24.
52-week price history of NXTT Stock
A stock’s 52-week high and low prices can reveal much about its current status and future trajectory. Next Technology Holding Inc’s current trading price is -54.35% away from its 52-week high, while its distance from the 52-week low is 223.27%. The stock’s price range during this period has spanned from $0.94 to $6.66. In the Technology sector, the Next Technology Holding Inc’s shares surpassed a trading volume of approximately 1.08 million for the day, which was noticeably higher compared to the average daily volume of 9.0.36 million over the past three months.
Market Capitalization and Financial Performance: An In-Depth Look
Next Technology Holding Inc (NXTT) has experienced a quarterly rise of 161.39% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 21.20M and boasts a workforce of 6 employees.
Making Sense of Trading Volume and Moving Average Data
Based on Barchart.com data, the company’s moving average over the 100-day period was 1.76, with a change in price of +1.71. Similarly, Next Technology Holding Inc recorded 238,842 in trading volume during the last 100 days, posting a change of +128.57%.
Examining NXTT’s Debt-to-Equity Ratio: What You Need to Know
The debt-to-equity (D/E) ratio is a crucial measure that sheds light on a company’s financial health and market standing. It is determined by dividing a company’s overall liabilities by its shareholders’ equity, showing the extent of a company’s debt usage in financing its assets compared to the shareholders’ equity. At the time of writing, the total D/E ratio for NXTT stands at 0.00. Similarly, the long-term debt-to-equity ratio is also 0.00.
NXTT Stock Stochastic Average
Today’s raw stochastic average for Next Technology Holding Inc over the last 50 days is 73.14%.This indicates a increase from the raw stochastic average of the past 20 days, which was 62.30%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 64.14% and 64.47%, respectively.
NXTT Stock Price Performance Analysis
A mixed performance in the stock price over the year has left investors unsure of what to expect, resulting in a range of outlooks from optimistic to pessimistic. Year to date metric has recorded a gain of 24.59%.However, over the last six months, we can see a stronger performance of -47.77%. Over the last 30 days, the price of NXTT has fallen by 60.00%. And in the last five days, it has surged by 21.60%.
