Fundamental Research Analysts Give Pixie Dust Technologies (NASDAQ:PXDT) a $5.21 Price Target

Fundamental Research set a $5.21 price objective on Pixie Dust Technologies (NASDAQ:PXDT) in a research report report published on Tuesday morning, BayStreet.CA reports. The brokerage currently has a buy rating on the stock.

Pixie Dust Technologies Stock Down 3.1 %

PXDT opened at $2.51 on Tuesday. The company has a debt-to-equity ratio of 0.01, a current ratio of 2.18 and a quick ratio of 2.04. The company’s 50 day simple moving average is $2.73 and its two-hundred day simple moving average is $5.82. Pixie Dust Technologies has a 1-year low of $2.30 and a 1-year high of $10.51.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Pixie Dust Technologies stock. Sumitomo Mitsui Financial Group Inc. purchased a new stake in shares of Pixie Dust Technologies, Inc. (NASDAQ:PXDT) during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 56,400 shares of the company’s stock, valued at approximately $494,000. Sumitomo Mitsui Financial Group Inc. owned 0.38% of Pixie Dust Technologies as of its most recent filing with the SEC. 0.39% of the stock is owned by institutional investors.

Pixie Dust Technologies Company Profile

Pixie Dust Technologies, Inc, a technology company, focuses on personal care and diversity, and workspace and digital transformation businesses primarily in Japan. It offers SonoRepro, an ultrasonic non-contact vibrotactile stimulation scalp care device; VUEVO, a series of directional voice arrival detection devices for individuals with deaf and hard-of-hearing; and kikippa, an acoustic stimulation device functioning as a desk-top speaker.