Connexa Sports Technologies Inc. (CNXA) 20 Days SMA touch -14.60%: Odds are Looking very much in favour

0
10

As on November 23, 2022, Connexa Sports Technologies Inc. (NASDAQ: CNXA) got off with the flyer as it spiked 0.16% to $0.19. During the day, the stock rose to $0.2054 and sunk to $0.18 before settling in for the price of $0.19 at the close. Taking a more long-term approach, CNXA posted a 52-week range of $0.18-$22.50.


Do You Own These 7 Inflation-Survival Stocks?

Inflation is still near 40-year highs and rising prices are putting a big dent in our wallets. Unless you find out how to protect your portfolio and outpace inflation, you'll keep being at the mercy of economic factors out of your control. Especially since the price of electricity, food, and shelter are creeping up higher than ever. In this special report, I detail 7 stocks to help you survive and thrive in today's market. They're backed by solid companies, positioned to profit during tough economic times, and offer out-sized dividends to help you outpace inflation.

Click here to get your free copy of the report

Sponsored


Nevertheless, stock’s Earnings Per Share (EPS) this year is -86.20%. This publicly-traded company’s shares outstanding now amounts to $12.66 million, simultaneously with a float of $8.22 million. The organization now has a market capitalization sitting at $2.50 million. At the time of writing, stock’s 50-day Moving Average stood at $0.3033.

It is imperative to bring your focus towards the efficiency factor of the conglomerate that has a total of 8 employees. It has generated 1,350,527 per worker during the last fiscal year. Meanwhile, its income per employee was -2,324,345. The stock had 28.34 Receivables turnover and 3.05 Total Asset turnover. For the Profitability, stocks gross margin was +28.89, operating margin was -34.49 and Pretax Margin of -172.11.

Connexa Sports Technologies Inc. (CNXA) Ownership Facts and Figures

Another important factor to analyze is how key investors are playing towards the stock of the Leisure industry. Connexa Sports Technologies Inc.’s current insider ownership accounts for 35.10%, in contrast to 8.70% institutional ownership. According to the most recent insider trade that took place on Sep 08, this organization’s 10% Owner sold 5,000 shares at the rate of 0.79, making the entire transaction reach 3,968 in total value, affecting insider ownership by 1,265,000. Preceding that transaction, on Sep 07, Company’s 10% Owner sold 70,100 for 0.88, making the whole transaction’s value amount to 61,723. This particular insider is now the holder of 1,270,000 in total.

Connexa Sports Technologies Inc. (CNXA) Earnings and Revenue Records

This company achieved a net margin of -172.11.

Connexa Sports Technologies Inc.’s EPS decrease for this current 12-month fiscal period is -86.20%.

Connexa Sports Technologies Inc. (NASDAQ: CNXA) Trading Performance Indicators

Let’s observe the current performance indicators for Connexa Sports Technologies Inc. (CNXA). It’s Quick Ratio in the last reported quarter now stands at 0.20. The Stock has managed to achieve an average true range (ATR) of 0.03. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.16.

In the same vein, CNXA’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -16.09.

Technical Analysis of Connexa Sports Technologies Inc. (CNXA)

Through scrutinizing the latest numbers posted by the [Connexa Sports Technologies Inc., CNXA], it can be observed that its last 5-days Average volume of 0.13 million was lower the volume of 0.48 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 20.80% While, its Average True Range was 0.0296.

LEAVE A REPLY

Please enter your comment!
Please enter your name here