Next Technology (NASDAQ:NXTT) Shares Gap Down - Time to Sell?

Key Points

• Next Technology's stock price gapped down from $2.24 to $2.12 prior to trading on Monday, with its last traded price at $2.11.
• Wall Street Zen upgraded Next Technology to a "hold" rating on June 21st, indicating a more favorable outlook for investors.
• The company's recent earnings report revealed ($0.01) earnings per share for the quarter ending May 9th.

Next Technology Holding Inc. (NASDAQ:NXTT - Get Free Report)'s stock price gapped down prior to trading on Monday . The stock had previously closed at $2.24, but opened at $2.12. Next Technology shares last traded at $2.11, with a volume of 43,819 shares trading hands.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen raised shares of Next Technology to a "hold" rating in a research note on Saturday, June 21st.

Next Technology Trading Up 3.6%

The firm's fifty day simple moving average is $2.09 and its 200-day simple moving average is $1.37.

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

About Next Technology

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.