The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. Nixxy Inc’s current trading price is -78.71% away from its 52-week high, while its distance from the 52-week low is 50.83%. The stock’s price range for this period has been between $1.20 and $8.50 The company’s shares, which are part of the Industrials sector, had a trading volume of approximately 7.77 million for the day, a number notably higher than the average daily volume of 0.32 million over the last three months.
Nixxy Inc’s market performance has been unstable in recent times. The company’s stock hit a 1-year high of $8.50 on 10/17/24 and a low of $1.20 for the same time frame on 04/16/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Nixxy Inc (NIXX) has experienced a quarterly decline of -28.46% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 27.04M and boasts a workforce of 4 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 3.3635, with a change in price of -0.7500. Similarly, Nixxy Inc recorded 1,002,384 in trading volume during the last 100 days, posting a change of -29.30%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for NIXX stands at 0.18. Similarly, the long-term debt-to-equity ratio is also 0.00.
NIXX Stock Stochastic Average
As of today, Nixxy Inc’s raw stochastic average for the last 50 days stands at 0.22%. This is a decline compared to the raw stochastic average of the previous 20 days, which was noted at 0.63%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 13.30% and 21.08%, respectively.
NIXX Stock Price Performance Analysis
Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. Until today this year the stock’s price performance recorded a decrease of -65.59%. However, over the last six months, the performance has been stronger by -13.97%. The price of NIXX decreased -49.16% over the last 30 days. And in the last five days, it has fallen by -34.18%.
