NXT-ID Inc (NASDAQ:NXTD) has received a consensus broker rating score of 3.00 (Hold) from the one analysts that cover the stock, Zacks Investment Research reports. One analyst has rated the stock with a hold recommendation.
Zacks has also given NXT-ID an industry rank of 105 out of 255 based on the ratings given to related companies.
Several equities analysts have issued reports on the stock. ValuEngine downgraded shares of NXT-ID from a “buy” rating to a “hold” rating in a report on Wednesday, October 2nd. Maxim Group reissued a “hold” rating on shares of NXT-ID in a research note on Tuesday, September 17th.
NXTD traded down $0.01 during midday trading on Thursday, hitting $0.46. 110,257 shares of the company traded hands, compared to its average volume of 131,343. The company has a debt-to-equity ratio of 1.64, a quick ratio of 0.33 and a current ratio of 0.59. NXT-ID has a 52-week low of $0.25 and a 52-week high of $1.40. The business has a 50 day simple moving average of $0.50 and a two-hundred day simple moving average of $0.51.
NXT-ID (NASDAQ:NXTD) last posted its quarterly earnings data on Friday, November 15th. The technology company reported ($0.02) earnings per share (EPS) for the quarter. The company had revenue of $4.44 million for the quarter. NXT-ID had a negative net margin of 90.45% and a negative return on equity of 17.83%.
A hedge fund recently bought a new stake in NXT-ID stock. Anson Funds Management LP purchased a new position in NXT-ID Inc (NASDAQ:NXTD) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 1,989,918 shares of the technology company’s stock, valued at approximately $1,470,000. NXT-ID makes up about 0.7% of Anson Funds Management LP’s holdings, making the stock its 13th largest position. Anson Funds Management LP owned approximately 6.81% of NXT-ID as of its most recent filing with the Securities and Exchange Commission (SEC). Hedge funds and other institutional investors own 9.59% of the company’s stock.
Nxt-ID, Inc, a security technology company, engages in the development of products and solutions for security, healthcare, financial technology, and Internet of Things (IoT) markets. It offers non-monitored and monitored personal emergency response systems (PERS), including landline and cell-based options; the Fit Pay Trusted Payment Manager Platform (TPMP) that provides IoT and wearable devices with contactless payment capabilities and full digital wallet functionality; World Ventures Flye SmartCard, a smartcard customized for WorldVentures, the travel company; and Fit Pay General Purpose Reloadable Mastercard, which offers prepaid capabilities on wearable devices connected to the TPMP.
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