Next Technology (NXTT) Stock Price, News & Analysis

Company Overview

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. The company's YCloud system also provides micro-business owners with various payment methods, such as Alipay, WeChat, and UnionPay. In addition, it offers chatGPT technical services; and technical system support, software development, and services. The company serves individual and corporate users in the micro business industry. It also has operations in Hong Kong and Singapore. The company was formerly known as WeTrade Group, Inc. and changed its name to Next Technology Holding Inc in April 2024. Next Technology Holding Inc. was incorporated in 2019 and is headquartered in Beijing, the People Republic of China.

Key Stats

• Today's Range: $1.63 to $2.16
• 50-Day Range: $1.00 to $2.06
• 52-Week Range: $0.94 to $8.50
• Volume: 701,750 shs
• Average Volume: 532,392 shs
• Market Capitalization: $13.26 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

Next Technology Stock Analysis - MarketRank™

Next Technology scored higher than 15% of companies evaluated by MarketBeat, and ranked 619th out of 662 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Next Technology.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: N/A

Price to Book Value per Share Ratio

Next Technology has a P/B Ratio of 0.11. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.13% of the float of Next Technology has been sold short.

Short Interest Ratio / Days to Cover

Next Technology has a short interest ratio ("days to cover") of 0.3, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Next Technology has recently increased by 1.37%, indicating that investor sentiment is decreasing.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Next Technology does not currently pay a dividend.

Dividend Growth

Next Technology does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

0.13% of the float of Next Technology has been sold short.

Short Interest Ratio / Days to Cover

Next Technology has a short interest ratio ("days to cover") of 0.3, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Next Technology has recently increased by 1.37%, indicating that investor sentiment is decreasing.

News and Social Media

• Score: 1.8 / 5
• News Sentiment: 0.27

News Sentiment

Next Technology has a news sentiment score of 0.27. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.57 average news sentiment score of Computer and Technology companies.

News Coverage This Week

MarketBeat has tracked 3 news articles for Next Technology this week, compared to 1 article on an average week.

Search Interest

Only 1 people have searched for NXTT on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

MarketBeat Follows

Only 1 people have added Next Technology to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Next Technology insiders have not sold or bought any company stock.

Percentage Held by Insiders

37.50% of the stock of Next Technology is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 2.71% of the stock of Next Technology is held by institutions.

NXTT Stock Analysis - Frequently Asked Questions

How have NXTT shares performed this year?

Next Technology's stock was trading at $5.53 at the start of the year. Since then, NXTT shares have decreased by 65.6% and is now trading at $1.90.
View the best growth stocks for 2024 here.

How were Next Technology's earnings last quarter?

Next Technology Holding Inc. (NASDAQ:NXTT) announced its quarterly earnings results on Wednesday, August, 21st. The company reported ($1.92) EPS for the quarter.

How do I buy shares of Next Technology?

Shares of NXTT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Next Technology own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Next Technology investors own include Crocs (CROX), Adobe (ADBE), Amgen (AMGN), AstraZeneca (AZN), Baidu (BIDU), Costco Wholesale (COST) and CrowdStrike (CRWD).

Company Calendar

• Last Earnings: 8/21/2024
• Today: 11/14/2024
• Next Earnings (Estimated): 11/18/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Computer and Technology
• Industry: Data processing & preparation
• Sub-Industry: Business Services
• Current Symbol: NASDAQ:NXTT
• Previous Symbol: NASDAQ:NXTT
• CUSIP: N/A
• CIK: 1784970
• Web: ir.wetg.group
• Phone: 852-5220-8810
• Fax: N/A
• Employees: 8
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): N/A
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-9,920,000.00
• Net Margins: N/A
• Pretax Margin: 698.05%
• Return on Equity: 47.22%
• Return on Assets: 43.19%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 21.21
• Quick Ratio: 10.90

Sales & Book Value

• Annual Sales: $2.63 million
• Price / Sales: 5.04
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $17.03 per share
• Price / Book: 0.11

Miscellaneous

• Outstanding Shares: 6,980,000
• Free Float: 4,360,000
• Market Cap: $13.26 million
• Optionable: N/A
• Beta: 2.17