Nyxoah (NYXH) Stock Price, News & Analysis

Company Overview

Nyxoah S.A., a medical technology company, focuses on the development and commercialization of solutions to treat sleep disordered breathing conditions. The company's lead solution comprises Genio system, a CE-Marked, patient-centric, and hypoglossal neurostimulation therapy to treat moderate to severe obstructive sleep apnea. Nyxoah S.A. was incorporated in 2009 and is headquartered in Mont-Saint-Guibert, Belgium.

Key Stats

• Today's Range: $8.40 to $8.44
• 50-Day Range: $7.79 to $10.00
• 52-Week Range: $4.00 to $20.00
• Volume: 4,674 shs
• Average Volume: 48,856 shs
• Market Capitalization: N/A
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $17.00
• Consensus Rating: Buy

Nyxoah Stock Analysis - MarketRank™

Nyxoah scored higher than 58% of companies evaluated by MarketBeat, and ranked 390th out of 963 stocks in the medical sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.5 / 5
• Analyst Rating: Buy

Consensus Rating

Nyxoah has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 5 buy ratings, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

Nyxoah has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: Growing

Earnings Growth

Earnings for Nyxoah are expected to grow in the coming year, from ($1.91) to ($1.61) per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Nyxoah is -4.39, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Nyxoah is -4.39, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Nyxoah has a P/B Ratio of 1.62. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.40% of the float of Nyxoah has been sold short.

Short Interest Ratio / Days to Cover

Nyxoah has a short interest ratio ("days to cover") of 0.9, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Nyxoah has recently decreased by 17.42%, indicating that investor sentiment is improving significantly.

Dividend

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

Dividend Yield

Nyxoah does not currently pay a dividend.

Dividend Growth

Nyxoah does not have a long track record of dividend growth.

Sustainability and ESG

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

Percentage of Shares Shorted

0.40% of the float of Nyxoah has been sold short.

Short Interest Ratio / Days to Cover

Nyxoah has a short interest ratio ("days to cover") of 0.9, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Nyxoah has recently decreased by 17.42%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 1.7 / 5
• News Sentiment: 0.13

News Sentiment

Nyxoah has a news sentiment score of 0.13. 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 0.45 average news sentiment score of Medical companies.

News Coverage This Week

MarketBeat has tracked 5 news articles for Nyxoah this week, compared to 1 article on an average week.

Company Ownership

• Score: 0.8 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

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

Percentage Held by Insiders

17.11% of the stock of Nyxoah is held by insiders. A high percentage of insider ownership can be a sign of company health.

NYXH Stock Analysis - Frequently Asked Questions

How have NYXH shares performed this year?

Nyxoah's stock was trading at $4.64 on January 1st, 2024. Since then, NYXH shares have increased by 76.9% and is now trading at $8.21.
View the best growth stocks for 2024 here.

When did Nyxoah IPO?

Nyxoah (NYXH) raised $83 million in an initial public offering on Friday, July 2nd 2021. The company issued 2,760,000 shares at a price of $30.00 per share.

Who are Nyxoah's major shareholders?

Top institutional shareholders of Nyxoah include Kovack Advisors Inc..

How do I buy shares of Nyxoah?

Shares of NYXH 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 Nyxoah own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Nyxoah investors own include PayPal (PYPL), Confluent (CFLT), Datadog (DDOG), Baidu (BIDU), Arcadia Biosciences (RKDA), SEA (SE) and ZoomInfo Technologies (ZI).

Company Calendar

• Today: 11/21/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 3/04/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Medical
• Industry: Surgical & medical instruments
• Sub-Industry: Medical Equipment
• Current Symbol: NASDAQ:NYXH
• CUSIP: N/A
• CIK: 1857190
• Web: www.nyxoah.com
• Phone: 321-022-2355
• Fax: 321-045-9075
• Employees: 146
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $17.00
• High Stock Price Target: $20.00
• Low Stock Price Target: $13.00
• Potential Upside/Downside: +107.1%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 5 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($1.87)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-46,770,000.00
• Net Margins: -1,043.93%
• Pretax Margin: -1,036.49%
• Return on Equity: -51.68%
• Return on Assets: -40.11%

Debt

• Debt-to-Equity Ratio: 0.21
• Current Ratio: 5.28
• Quick Ratio: 4.95

Sales & Book Value

• Annual Sales: $4.70 million
• Price / Sales: N/A
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $5.08 per share
• Price / Book: 1.62

Miscellaneous

• Outstanding Shares: N/A
• Free Float: N/A
• Market Cap: N/A
• Optionable: Not Optionable
• Beta: 1.45