Nayax Ltd. (NASDAQ:NYAX - Get Free Report) shares saw unusually-strong trading volume on Monday . Approximately 6,618 shares traded hands during mid-day trading, a decline of 14% from the previous session's volume of 7,714 shares.The stock last traded at $36.58 and had previously closed at $35.89.
Analyst Ratings Changes
Several analysts have recently commented on NYAX shares. Keefe, Bruyette & Woods raised their price target on Nayax from $33.00 to $38.00 and gave the company a "market perform" rating in a report on Thursday, March 6th. B. Riley reissued a "buy" rating and set a $44.00 price target (up previously from $42.00) on shares of Nayax in a research report on Wednesday, March 5th. Finally, William Blair upgraded Nayax from a "market perform" rating to an "outperform" rating in a research report on Tuesday, April 1st. Four analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to MarketBeat, Nayax presently has a consensus rating of "Hold" and a consensus price target of $34.75.
Check Out Our Latest Stock Report on NYAX
Nayax Stock Performance
The company has a current ratio of 1.25, a quick ratio of 1.16 and a debt-to-equity ratio of 0.11. The company has a market capitalization of $1.34 billion, a price-to-earnings ratio of -121.67 and a beta of 0.23. The stock has a 50-day simple moving average of $36.50 and a 200-day simple moving average of $32.21.
Institutional Investors Weigh In On Nayax
A number of institutional investors have recently made changes to their positions in NYAX. Y.D. More Investments Ltd raised its position in shares of Nayax by 42.7% during the 4th quarter. Y.D. More Investments Ltd now owns 1,183,988 shares of the company's stock worth $34,630,000 after purchasing an additional 354,350 shares during the period. Swedbank AB boosted its position in shares of Nayax by 44.5% during the fourth quarter. Swedbank AB now owns 300,000 shares of the company's stock worth $8,748,000 after buying an additional 92,441 shares during the period. JPMorgan Chase & Co. acquired a new stake in Nayax in the 4th quarter valued at approximately $1,581,000. Jane Street Group LLC bought a new position in shares of Nayax in the fourth quarter worth $351,000. Finally, Verdence Capital Advisors LLC acquired a new position in Nayax during the 4th quarter valued at about $326,000. 34.87% of the stock is currently owned by institutional investors.
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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