Citadel Advisors LLC acquired a new stake in Nayax Ltd. (NASDAQ:NYAX - Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 7,331 shares of the company's stock, valued at approximately $217,000.
Other institutional investors have also recently bought and sold shares of the company. JPMorgan Chase & Co. acquired a new stake in Nayax in the fourth quarter valued at $1,581,000. Jane Street Group LLC bought a new position in Nayax in the 4th quarter valued at about $351,000. Verdence Capital Advisors LLC bought a new position in shares of Nayax during the 4th quarter valued at about $326,000. Hood River Capital Management LLC lifted its stake in Nayax by 144.6% during the fourth quarter. Hood River Capital Management LLC now owns 14,118 shares of the company's stock valued at $412,000 after buying an additional 8,346 shares in the last quarter. Finally, Bank of America Corp DE lifted its position in shares of Nayax by 920.4% in the fourth quarter. Bank of America Corp DE now owns 1,500 shares of the company's stock worth $44,000 after purchasing an additional 1,353 shares in the last quarter. 34.87% of the stock is currently owned by hedge funds and other institutional investors.
Nayax Stock Performance
Shares of Nayax stock traded down $0.97 during trading hours on Wednesday, reaching $44.18. 14,341 shares of the stock traded hands, compared to its average volume of 9,183. Nayax Ltd. has a one year low of $20.31 and a one year high of $46.13. The company has a quick ratio of 1.16, a current ratio of 1.25 and a debt-to-equity ratio of 0.11. The firm has a market capitalization of $1.57 billion, a price-to-earnings ratio of -142.51 and a beta of 0.18. The company has a 50 day moving average price of $40.64 and a 200 day moving average price of $36.18.
Nayax (NASDAQ:NYAX - Get Free Report) last released its quarterly earnings data on Tuesday, May 13th. The company reported $0.03 earnings per share for the quarter, missing the consensus estimate of $0.04 by ($0.01). Nayax had a negative net margin of 3.62% and a negative return on equity of 7.32%. The firm had revenue of $81.11 million during the quarter, compared to the consensus estimate of $85.08 million. On average, equities research analysts expect that Nayax Ltd. will post -0.16 earnings per share for the current fiscal year.
Analyst Upgrades and Downgrades
NYAX has been the topic of a number of recent research reports. William Blair upgraded shares of Nayax from a "market perform" rating to an "outperform" rating in a research note on Tuesday, April 1st. Wall Street Zen cut Nayax from a "strong-buy" rating to a "buy" rating in a research note on Sunday, June 1st. Jefferies Financial Group reissued a "buy" rating on shares of Nayax in a report on Tuesday, May 13th. Keefe, Bruyette & Woods boosted their price target on Nayax from $38.00 to $40.00 and gave the company a "market perform" rating in a research note on Wednesday, May 14th. Finally, B. Riley restated a "buy" rating and set a $47.00 price target (up from $44.00) on shares of Nayax in a report on Wednesday, May 14th. Three investment analysts have rated the stock with a hold rating and four have given a buy rating to the company's stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of $38.33.
View Our Latest Analysis on NYAX
About Nayax
(
Free Report)
Nayax Ltd., a fintech company, operates system and payment platform for multiple retailers in the United States, Europe, the United Kingdom, Australia, Israel, and rest of the world. The company offers AMIT 3.0, a machine-to-machine vending telemetry solution; Nayax Core, a management and monitoring software for vending machines and other unattended machines; MoMa, a mobile app for unattended machine; Tigapo back-office software suite, a cloud-based platform; EV Core, a smart, cloud-based management platform; Retail Management Cloud, a comprehensive attended retail management platform; Loyalty and Marketing Suite, a consumer engagement marketing and loyalty platform; Monyx Wallet, a digital wallet app enabling cashless payments with mobile phones; Weezmo, a consumer engagement and marketing platform; and Tigapo app, a proprietary mobile app to help family entertainment center businesses.
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