Nayax Ltd. (NASDAQ:NYAX - Get Free Report) shares saw strong trading volume on Tuesday . 4,916 shares changed hands during mid-day trading, a decline of 54% from the previous session's volume of 10,698 shares.The stock last traded at $24.60 and had previously closed at $24.50.
Nayax Price Performance
The company has a market cap of $801.54 million, a price-to-earnings ratio of -51.04 and a beta of 0.08. The company's 50-day simple moving average is $26.34 and its 200-day simple moving average is $22.49. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.00 and a quick ratio of 0.90.
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 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 for the quarter, compared to analyst estimates of $67.50 million. On average, equities research analysts anticipate that Nayax Ltd. will post 0.08 EPS for the current year.
Institutional Inflows and Outflows
Several institutional investors have recently modified their holdings of NYAX. Goldman Sachs Group Inc. acquired a new stake in Nayax during the 4th quarter valued at approximately $769,000. UBS Group AG increased 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 buying an additional 5,474 shares during the last quarter. Ibex Investors LLC raised its holdings in Nayax by 0.5% in the third quarter. Ibex Investors LLC now owns 303,640 shares of the company's stock valued at $7,031,000 after acquiring an additional 1,500 shares in the last quarter. Assenagon Asset Management S.A. bought a new position in Nayax during the 3rd quarter valued at $575,000. Finally, Barclays PLC grew its holdings in Nayax by 873.7% during the 2nd quarter. Barclays PLC now owns 1,480 shares of the company's stock worth $28,000 after acquiring an additional 1,328 shares in the last quarter. Institutional investors and hedge funds own 34.87% of the company's stock.
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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