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Next Technology (NASDAQ:NXTT) Stock Price Down 15.4% - Here's What Happened

Next Technology logo with Computer and Technology background

Next Technology Holding Inc. (NASDAQ:NXTT - Get Free Report) dropped 15.4% during mid-day trading on Wednesday . The stock traded as low as $1.50 and last traded at $1.63. Approximately 189,128 shares traded hands during mid-day trading, a decline of 89% from the average daily volume of 1,787,481 shares. The stock had previously closed at $1.92.

Wall Street Analyst Weigh In

Separately, Wall Street Zen upgraded shares of Next Technology to a "hold" rating in a research report on Thursday, May 22nd.

Read Our Latest Stock Report on NXTT

Next Technology Stock Down 16.0%

The business's 50 day moving average price is $1.05 and its two-hundred day moving average price is $1.42.

Next Technology (NASDAQ:NXTT - Get Free Report) last released its earnings results on Friday, May 9th. The company reported ($0.01) earnings per share for the quarter.

Next Technology Company Profile

(Get Free Report)

Next Technology Holding Inc provides technical services and solutions through its social e-commerce platform primarily in Mainland China. It offers YCloud, a micro-business cloud intelligent internationalization system that conducts multi-channel data analysis through the learning of big data and social recommendation relationships, as well as provides users with AI fission and management systems, and supply chain systems.

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