Nayax Ltd. (NASDAQ:NYAX - Get Free Report) shares gapped down before the market opened on Friday . The stock had previously closed at $40.83, but opened at $38.50. Nayax shares last traded at $40.15, with a volume of 263 shares changing hands.
Analyst Ratings Changes
A number of research analysts have recently commented on NYAX shares. William Blair upgraded shares of Nayax from a "market perform" rating to an "outperform" rating in a research report on Tuesday, April 1st. B. Riley reiterated a "buy" rating and set a $47.00 price target (up previously from $44.00) on shares of Nayax in a research report on Wednesday, May 14th. Keefe, Bruyette & Woods lifted their price target on Nayax from $38.00 to $40.00 and gave the company a "market perform" rating in a research report on Wednesday, May 14th. Finally, Jefferies Financial Group reiterated a "buy" rating on shares of Nayax in a research report on Tuesday, May 13th. Three investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company's stock. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $38.33.
Read Our Latest Report on NYAX
Nayax Stock Performance
The company's 50-day moving average price is $38.12 and its two-hundred day moving average price is $34.66. The company has a debt-to-equity ratio of 0.11, a quick ratio of 1.16 and a current ratio of 1.25. The stock has a market cap of $1.42 billion, a PE ratio of -129.51 and a beta of 0.13.
Nayax (NASDAQ:NYAX - Get Free Report) last announced its quarterly earnings data on Tuesday, May 13th. The company reported $0.03 EPS for the quarter, missing the consensus estimate of $0.04 by ($0.01). The firm had revenue of $81.11 million for the quarter, compared to the consensus estimate of $85.08 million. Nayax had a negative net margin of 3.62% and a negative return on equity of 7.32%. On average, equities research analysts forecast that Nayax Ltd. will post -0.16 EPS for the current year.
Institutional Investors Weigh In On Nayax
Institutional investors have recently made changes to their positions in the business. Bank of America Corp DE lifted its stake in shares of Nayax by 920.4% in the 4th quarter. Bank of America Corp DE now owns 1,500 shares of the company's stock valued at $44,000 after acquiring an additional 1,353 shares during the last quarter. Barclays PLC lifted its stake in shares of Nayax by 5,526.8% in the 3rd quarter. Barclays PLC now owns 2,307 shares of the company's stock valued at $58,000 after acquiring an additional 2,266 shares during the last quarter. Citadel Advisors LLC bought a new stake in shares of Nayax in the 4th quarter valued at about $217,000. Verdence Capital Advisors LLC bought a new stake in shares of Nayax in the 4th quarter valued at about $326,000. Finally, Bosun Asset Management LLC bought a new stake in shares of Nayax in the 1st quarter valued at about $332,000. Hedge funds and other institutional investors 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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