Next Technology Holding Inc. (NASDAQ:NXTT - Get Free Report) dropped 8.5% during mid-day trading on Thursday . The stock traded as low as $1.26 and last traded at $1.29. Approximately 374,611 shares were traded during trading, a decline of 88% from the average daily volume of 3,001,969 shares. The stock had previously closed at $1.41.
Wall Street Analysts Forecast Growth
Separately, Wall Street Zen upgraded shares of Next Technology to a "hold" rating in a research report on Saturday, June 21st.
Read Our Latest Research Report on NXTT
Next Technology Stock Down 8.2%
The business's fifty day moving average is $2.05 and its two-hundred day moving average is $1.32.
Next Technology (NASDAQ:NXTT - Get Free Report) last announced its quarterly earnings data on Friday, August 8th. The company reported $0.27 earnings per share for the quarter.
Institutional Trading of Next Technology
A number of institutional investors have recently bought and sold shares of NXTT. Qube Research & Technologies Ltd acquired a new stake in shares of Next Technology in the 2nd quarter valued at approximately $32,000. XTX Topco Ltd bought a new position in shares of Next Technology in the 2nd quarter valued at about $76,000. Geode Capital Management LLC acquired a new stake in shares of Next Technology in the second quarter valued at about $412,000. Finally, Invesco Ltd. acquired a new position in shares of Next Technology during the 2nd quarter worth approximately $788,000. Institutional investors and hedge funds own 2.71% of the company's stock.
About Next Technology
(
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.
Further Reading
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