Nayax (NASDAQ:NYAX) Shares Gap Up to $25.42

Nayax Ltd. (NASDAQ:NYAX - Get Free Report)'s stock price gapped up prior to trading on Monday . The stock had previously closed at $25.42, but opened at $26.36. Nayax shares last traded at $26.36, with a volume of 652 shares changing hands.

Nayax Stock Down 3.6 %

The stock has a market cap of $804.83 million, a price-to-earnings ratio of -51.04 and a beta of 0.08. 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 fifty day moving average of $26.34 and a two-hundred day moving average of $22.49.

Nayax (NASDAQ:NYAX - Get Free Report) last issued its earnings results on Wednesday, February 28th. The company reported ($0.10) earnings per share for the quarter, missing analysts' consensus estimates 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 during the quarter, compared to analyst estimates of $67.50 million. As a group, analysts predict that Nayax Ltd. will post 0.08 EPS for the current fiscal year.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the stock. Barclays PLC lifted its stake in shares of Nayax by 873.7% during the second quarter. Barclays PLC now owns 1,480 shares of the company's stock worth $28,000 after purchasing an additional 1,328 shares in the last quarter. Tower Research Capital LLC TRC acquired a new position in shares of Nayax in the third quarter worth about $47,000. Citigroup Inc. lifted its stake in shares of Nayax by 1,334.9% in the first 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. Credit Suisse AG acquired a new position in shares of Nayax in the third quarter worth about $123,000. Finally, UBS Group AG lifted its stake in shares of Nayax by 621.3% in the third 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. Institutional investors and hedge funds own 34.87% of the company's stock.


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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