Nexentis Technologies (NASDAQ:NXTS) Releases Earnings Results

Nexentis Technologies (NASDAQ:NXTS) announced its quarterly earnings data on Thursday. The company reported ($13.66) earnings per share for the quarter, FiscalAI reports.

Nexentis Technologies Price Performance

Shares of NXTS stock traded up $0.11 during trading hours on Thursday, hitting $1.95. The company had a trading volume of 126,628 shares, compared to its average volume of 590,762. Nexentis Technologies has a 12 month low of $1.43 and a 12 month high of $58.75. The company has a debt-to-equity ratio of 0.01, a quick ratio of 4.73 and a current ratio of 4.73. The firm’s fifty day moving average is $3.70 and its 200 day moving average is $5.00. The firm has a market capitalization of $2.83 million, a price-to-earnings ratio of -0.02 and a beta of 1.83.

Institutional Trading of Nexentis Technologies

An institutional investor recently bought a new stake in Nexentis Technologies stock. DRW Securities LLC acquired a new stake in shares of Nexentis Technologies Inc. (NASDAQ:NXTS) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 26,363 shares of the company’s stock, valued at approximately $44,000. DRW Securities LLC owned 0.97% of Nexentis Technologies as of its most recent filing with the Securities & Exchange Commission. Institutional investors own 61.24% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of Nexentis Technologies in a research note on Wednesday, July 15th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company presently has an average rating of “Sell”.

About Nexentis Technologies

N2OFF, Inc, an agri-food tech company, engages in the development and sale of eco-friendly green solutions for the food industry to enhance food safety and shelf life of fresh produce. Its products are based on proprietary blend of food acids combined with various oxidizing agent-based sanitizers and low concentrated fungicides for cleaning, sanitizing, and controlling pathogens on fresh produce that are safer for human consumption and extend their shelf life by reducing their decay. The company’s products include SavePROTECT or PeroStar, a processing aid for post-harvest application that is added to fruit and vegetable wash water; and SF3HS and SF3H, a post-harvest cleaning and sanitizing solution to control plant and foodborne pathogens.