Nayax (NASDAQ:NYAX) Shares Gap Up to $24.45

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Nayax Ltd. (NASDAQ:NYAX - Get Free Report) gapped up prior to trading on Wednesday . The stock had previously closed at $24.45, but opened at $25.57. Nayax shares last traded at $25.60, with a volume of 462 shares traded.

Nayax Price Performance

The firm has a 50 day moving average price of $25.98 and a 200 day moving average price of $22.29. The company has a quick ratio of 0.90, a current ratio of 1.00 and a debt-to-equity ratio of 0.19. The stock has a market cap of $878.74 million, a P/E ratio of -53.33 and a beta of 0.07.

Nayax (NASDAQ:NYAX - Get Free Report) last released its quarterly earnings results 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). The firm had revenue of $66.60 million for the quarter, compared to analysts' expectations of $67.50 million. Nayax had a negative net margin of 6.75% and a negative return on equity of 15.96%. On average, analysts forecast that Nayax Ltd. will post 0.08 EPS for the current fiscal year.

Institutional Investors Weigh In On Nayax

A number of institutional investors and hedge funds have recently bought and sold shares of the company. UBS Group AG acquired a new position in Nayax during the 3rd quarter valued at about $1,072,000. Tower Research Capital LLC TRC acquired a new position in Nayax in the 3rd quarter worth about $47,000. Credit Suisse AG acquired a new position in Nayax in the 3rd quarter worth about $123,000. Vanguard Group Inc. acquired a new position in Nayax in the 3rd quarter worth about $1,107,000. Finally, Jane Street Group LLC acquired a new position in Nayax in the 3rd quarter worth about $237,000. 34.87% of the stock is owned by institutional investors.


Nayax Company Profile

(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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