NXT-ID (NXTD) Earns Daily News Sentiment Rating of 0.11
Media stories about NXT-ID (NASDAQ:NXTD) have trended somewhat positive this week, Accern Sentiment reports. The research group scores the sentiment of press coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. NXT-ID earned a news sentiment score of 0.11 on Accern’s scale. Accern also gave media headlines about the technology company an impact score of 44.6904476977132 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
Separately, Maxim Group set a $5.00 price target on shares of NXT-ID and gave the stock a “buy” rating in a report on Wednesday, July 26th.
Shares of NXT-ID (NASDAQ:NXTD) traded up 2.25% during midday trading on Thursday, hitting $1.82. 68,974 shares of the stock were exchanged. NXT-ID has a one year low of $1.21 and a one year high of $4.22. The stock’s market cap is $27.51 million. The stock’s 50-day moving average price is $2.15 and its 200 day moving average price is $1.79.
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NXT-ID Company Profile
Nxt-ID, Inc is a technology company. The Company is focused on products, solutions and services for security on mobile devices. The Company’s core technologies consist of those that support digital payments, biometric identification, encryption, sensors and miniaturization. It has three lines of business: mobile commerce (m-commerce), primarily through the application of secure digital payment technologies; biometric access control applications, and Department of Defense contracting.
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