Nayax Ltd. (NASDAQ:NYAX - Get Free Report) gapped down before the market opened on Tuesday . The stock had previously closed at $25.81, but opened at $24.01. Nayax shares last traded at $25.00, with a volume of 3,369 shares changing hands.
Nayax Stock Performance
The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.90 and a current ratio of 1.00. The company has a market cap of $825.19 million, a price-to-earnings ratio of -52.33 and a beta of 0.08. The company has a fifty day moving average of $26.28 and a two-hundred day moving average of $22.40.
Nayax (NASDAQ:NYAX - Get Free Report) last released its quarterly earnings data on Wednesday, February 28th. The company reported ($0.10) earnings per share for the quarter, missing the consensus estimate of ($0.06) by ($0.04). Nayax had a negative net margin of 6.75% and a negative return on equity of 15.96%. The firm had revenue of $66.60 million for the quarter, compared to analyst estimates of $67.50 million. Equities research analysts anticipate that Nayax Ltd. will post 0.08 EPS for the current year.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently bought and sold shares of the stock. Barclays PLC lifted its holdings in Nayax by 873.7% during the 2nd quarter. Barclays PLC now owns 1,480 shares of the company's stock worth $28,000 after buying an additional 1,328 shares during the period. Tower Research Capital LLC TRC bought a new position in shares of Nayax in the 3rd quarter worth about $47,000. Credit Suisse AG bought a new position in shares of Nayax in the 3rd quarter worth about $123,000. Citigroup Inc. raised its position in shares of Nayax by 1,334.9% in the 1st quarter. Citigroup Inc. now owns 5,625 shares of the company's stock worth $95,000 after acquiring an additional 5,233 shares in the last quarter. Finally, UBS Group AG raised its position in shares of Nayax by 621.3% in the 3rd quarter. UBS Group AG now owns 6,355 shares of the company's stock worth $155,000 after acquiring an additional 5,474 shares in the last quarter. 34.87% of the stock is owned by institutional investors and hedge funds.
About Nayax
(
Get 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.
Recommended Stories
Before you consider Nayax, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Nayax wasn't on the list.
While Nayax currently has a "hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
As the AI market heats up, investors who have a vision for artificial intelligence have the potential to see real returns. Learn about the industry as a whole as well as seven companies that are getting work done with the power of AI.
Get This Free Report
