Nayax Ltd. (NASDAQ:NYAX - Get Free Report)'s share price shot up 5.4% during trading on Wednesday . The stock traded as high as $26.00 and last traded at $25.80. 2,158 shares were traded during trading, a decline of 80% from the average session volume of 10,730 shares. The stock had previously closed at $24.47.
Nayax Stock Up 3.4 %
The stock has a market capitalization of $830.78 million, a P/E ratio of -53.54 and a beta of 0.07. 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 business has a 50-day simple moving average of $26.35 and a two-hundred day simple moving average of $22.50.
Nayax (NASDAQ:NYAX - Get Free Report) last issued its quarterly 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 business 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 15.96% and a negative net margin of 6.75%. Equities research analysts forecast that Nayax Ltd. will post 0.08 earnings per share for the current fiscal year.
Institutional Trading of Nayax
Institutional investors and hedge funds have recently modified their holdings of the business. Franklin Resources Inc. acquired a new position in shares of Nayax in the first quarter worth approximately $11,667,000. Ibex Investors LLC increased its holdings in Nayax by 0.5% in the third quarter. Ibex Investors LLC now owns 303,640 shares of the company's stock worth $7,031,000 after purchasing an additional 1,500 shares in the last quarter. Vanguard Group Inc. acquired a new position in Nayax in the third quarter valued at approximately $1,107,000. UBS Group AG bought a new position in shares of Nayax during the 3rd quarter worth approximately $1,072,000. Finally, Goldman Sachs Group Inc. acquired a new stake in shares of Nayax during the 4th quarter worth approximately $769,000. 34.87% of the stock is currently owned by institutional investors.
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.
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