Nixxy (NASDAQ:NIXX) Lowered to Sell Rating by Wall Street Zen

Wall Street Zen cut shares of Nixxy (NASDAQ:NIXX) from a hold rating to a sell rating in a report published on Saturday morning.

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of Nixxy in a research report on Monday, December 8th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, Nixxy presently has an average rating of “Sell”.

Nixxy Stock Up 4.7%

NIXX stock opened at $1.11 on Friday. Nixxy has a fifty-two week low of $0.89 and a fifty-two week high of $6.25. The stock has a market cap of $27.62 million, a PE ratio of -2.18 and a beta of 1.43. The firm’s 50-day simple moving average is $1.32 and its 200 day simple moving average is $1.64.

Institutional Investors Weigh In On Nixxy

An institutional investor recently bought a new position in Nixxy stock. XTX Topco Ltd purchased a new stake in shares of Nixxy, Inc. (NASDAQ:NIXX) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 34,954 shares of the company’s stock, valued at approximately $73,000. XTX Topco Ltd owned approximately 0.17% of Nixxy at the end of the most recent quarter. 13.14% of the stock is currently owned by institutional investors and hedge funds.

Nixxy Company Profile

Nixxy Inc operates an on-demand recruiting platform which aims to deliver the right talent to both small and large businesses. It provides employers access to independent recruiters and utilizes an innovative web platform, with integrated AI-driven candidate to job matching and video screening software to source qualified talent. Nixxy Inc, formerly known as Recruiter.com Group Inc, is based in Bristol, CT.