Nixxy Inc. (NASDAQ:NIXX) Has Already Recovered 61.48%, But Another -103.7% Drop Cannot Be Ruled Out.

In last trading session, Nixxy Inc. (NASDAQ:NIXX) saw 56.63 million shares changing hands with its beta currently measuring 1.27. Company’s recent per share price level of $2.70 trading at $0.33 or 13.92% at ring of the bell on the day assigns it a market valuation of $8.94M. That closing price of NIXX’s stock is at a discount of -103.7% from its 52-week high price of $5.50 and is indicating a premium of 61.48% from its 52-week low price of $1.04. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 5.75 million shares which gives us an average trading volume of 42.11K if we extend that period to 3-months.

Nixxy Inc. (NASDAQ:NIXX) trade information

Upright in the green during last session for gaining 13.92%, in the last five days NIXX remained trading in the green while hitting it’s week-highest on Thursday, 10/17/24 when the stock touched $2.70 price level, adding 68.24% to its value on the day. Nixxy Inc.’s shares saw a change of 77.63% in year-to-date performance and have moved 3.85% in past 5-day. Nixxy Inc. (NASDAQ:NIXX) showed a performance of 25.58% in past 30-days. Number of shares sold short was 34519.0 shares which calculate 1.26 days to cover the short interests.

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Nixxy Inc. (NIXX) estimates and forecasts

This year revenue growth is estimated to fall -73.40% from the last financial year’s standing.

1 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 177k for the same. Company posted 4.42M and 3.29M of sales in current and next quarters respectively a year earlier.

Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 69.04% during past 5 years.