NXT-ID (NXTD) Trading -2.8% Higher
NXT-ID Inc (NASDAQ:NXTD) traded up 2.8% on Monday . The stock traded as high as $1.51 and last traded at $1.41. 923 shares traded hands during mid-day trading, a decline of 100% from the average session volume of 865,775 shares. The stock had previously closed at $1.45.
Separately, Maxim Group restated a “buy” rating and set a $4.00 price objective on shares of NXT-ID in a report on Friday, September 28th.
The company has a debt-to-equity ratio of 0.79, a quick ratio of 0.93 and a current ratio of 1.47.
A hedge fund recently bought a new stake in NXT-ID stock. Barclays PLC acquired a new position in shares of NXT-ID Inc (NASDAQ:NXTD) during the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 147,500 shares of the technology company’s stock, valued at approximately $294,000. Barclays PLC owned 0.61% of NXT-ID as of its most recent SEC filing. Institutional investors and hedge funds own 4.62% of the company’s stock.
About NXT-ID (NASDAQ:NXTD)
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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