Nayax (NASDAQ:NYAX) Shares Down 3.9%

Nayax Ltd. (NASDAQ:NYAX - Get Free Report)'s share price traded down 3.9% during mid-day trading on Thursday . The stock traded as low as $25.70 and last traded at $25.70. 3,811 shares were traded during mid-day trading, a decline of 65% from the average session volume of 10,790 shares. The stock had previously closed at $26.75.

Nayax Price Performance

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 firm's fifty day moving average price is $26.15 and its two-hundred day moving average price is $22.34. The stock has a market capitalization of $847.53 million, a PE ratio of -53.75 and a beta of 0.07.

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). The company 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, equities analysts predict that Nayax Ltd. will post 0.08 earnings per share for the current year.

Institutional Trading of Nayax

Several large investors have recently added to or reduced their stakes in the business. Goldman Sachs Group Inc. bought a new position in shares of Nayax in the fourth quarter worth approximately $769,000. UBS Group AG boosted its position in shares of Nayax by 621.3% during 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 during the last quarter. Ibex Investors LLC raised its stake in Nayax by 0.5% during the third quarter. Ibex Investors LLC now owns 303,640 shares of the company's stock valued at $7,031,000 after purchasing an additional 1,500 shares in the last quarter. Assenagon Asset Management S.A. purchased a new stake in Nayax during the third quarter valued at $575,000. Finally, Barclays PLC raised its stake in Nayax by 873.7% during the second quarter. Barclays PLC now owns 1,480 shares of the company's stock valued at $28,000 after purchasing an additional 1,328 shares in the last quarter. 34.87% of the stock is currently 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.

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