Nayax Ltd. (NASDAQ:NYAX - Get Free Report)'s share price gapped down before the market opened on Tuesday . The stock had previously closed at $25.00, but opened at $24.04. Nayax shares last traded at $23.97, with a volume of 1,795 shares.
Analyst Ratings Changes
Separately, UBS Group began coverage on Nayax in a research note on Monday, April 29th. They issued a "neutral" rating and a $29.00 price target for the company.
View Our Latest Analysis on Nayax
Nayax Trading Down 5.5 %
The company has a current ratio of 1.36, a quick ratio of 1.27 and a debt-to-equity ratio of 0.22. The business has a 50 day moving average of $26.41 and a two-hundred day moving average of $23.67. The firm has a market cap of $776.25 million, a P/E ratio of -52.11 and a beta of 0.10.
Nayax (NASDAQ:NYAX - Get Free Report) last announced its earnings results on Wednesday, February 28th. The company reported ($0.10) EPS for the quarter, missing the consensus estimate of ($0.06) by ($0.04). The company had revenue of $66.60 million for the quarter, compared to the consensus estimate of $67.50 million. Nayax had a negative return on equity of 13.46% and a negative net margin of 6.20%. Analysts predict that Nayax Ltd. will post -0.11 earnings per share for the current year.
Hedge Funds Weigh In On Nayax
Several institutional investors and hedge funds have recently modified their holdings of the business. Swedbank AB bought a new position in Nayax during the 1st quarter worth $2,620,000. Hood River Capital Management LLC bought a new position in shares of Nayax in the first quarter worth $102,000. Baillie Gifford & Co. bought a new position in shares of Nayax in the first quarter worth $1,302,000. Harel Insurance Investments & Financial Services Ltd. acquired a new position in Nayax in the first quarter valued at about $9,170,000. Finally, Assenagon Asset Management S.A. lifted its position in Nayax by 152.9% during the first quarter. Assenagon Asset Management S.A. now owns 62,612 shares of the company's stock worth $1,655,000 after purchasing an additional 37,853 shares during the period. 34.87% of the stock is currently 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.
Further Reading
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