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NASDAQ:YYAI

Connexa Sports Technologies (YYAI) Stock Price, News & Analysis

Connexa Sports Technologies logo
$3.67
-0.07 (-1.87%)
(As of 11/1/2024 ET)

About Connexa Sports Technologies Stock (NASDAQ:YYAI)

Key Stats

Today's Range
$3.03
$4.88
50-Day Range
$3.67
$9.29
52-Week Range
$2.89
$53.00
Volume
1.21 million shs
Average Volume
286,867 shs
Market Capitalization
$23.63 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
N/A
Consensus Rating
N/A

Company Overview

Connexa Sports Technologies Inc. engages in the sports equipment and technology business in the United States. The company offers Slinger Launcher, a portable padel tennis ball launcher and pickleball launcher; and Slinger Bag Launcher, a ball launcher built into transport wheeled trolley bag. It also provides Gameface, AI technology and performance analytics for sports. Connexa Sports Technologies Inc. is based in Windsor Mill, Maryland.

Connexa Sports Technologies Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
11th Percentile Overall Score

YYAI MarketRank™: 

Connexa Sports Technologies scored higher than 11% of companies evaluated by MarketBeat, and ranked 276th out of 296 stocks in the consumer discretionary sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Connexa Sports Technologies is -0.01, 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 Connexa Sports Technologies is -0.01, 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

    Connexa Sports Technologies has a P/B Ratio of 0.70. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

  • Read more about Connexa Sports Technologies' valuation and earnings.
  • Percentage of Shares Shorted

    4.76% of the float of Connexa Sports Technologies has been sold short.
  • Short Interest Ratio / Days to Cover

    Connexa Sports Technologies has a short interest ratio ("days to cover") of 2.1, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Connexa Sports Technologies has recently increased by 68.11%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    Connexa Sports Technologies does not currently pay a dividend.

  • Dividend Growth

    Connexa Sports Technologies does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    4.76% of the float of Connexa Sports Technologies has been sold short.
  • Short Interest Ratio / Days to Cover

    Connexa Sports Technologies has a short interest ratio ("days to cover") of 2.1, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Connexa Sports Technologies has recently increased by 68.11%, indicating that investor sentiment is decreasing significantly.
  • News Sentiment

    Connexa Sports Technologies has a news sentiment score of 0.05. 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 0.46 average news sentiment score of Consumer Discretionary companies.
  • News Coverage This Week

    MarketBeat has tracked 1 news article for Connexa Sports Technologies this week, compared to 0 articles on an average week.
  • Insider Buying vs. Insider Selling

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

  • Percentage Held by Insiders

    12.80% of the stock of Connexa Sports Technologies is held by insiders. A high percentage of insider ownership can be a sign of company health.

  • Percentage Held by Institutions

    Only 4.03% of the stock of Connexa Sports Technologies is held by institutions.

  • Read more about Connexa Sports Technologies' insider trading history.
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YYAI Stock News Headlines

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YYAI Stock Analysis - Frequently Asked Questions

Connexa Sports Technologies' stock was trading at $17.89 on January 1st, 2024. Since then, YYAI shares have decreased by 79.5% and is now trading at $3.67.
View the best growth stocks for 2024 here
.

Connexa Sports Technologies Inc. (NASDAQ:YYAI) announced its quarterly earnings data on Tuesday, September, 10th. The company reported ($1.91) EPS for the quarter. The company had revenue of $0.71 million for the quarter. Connexa Sports Technologies had a negative trailing twelve-month return on equity of 1,557.21% and a negative net margin of 565.12%.

Shares of Connexa Sports Technologies reverse split on the morning of Friday, June 28th 2024. The 1-20 reverse split was announced on Friday, June 28th 2024. The number of shares owned by shareholders was adjusted after the market closes on Friday, June 28th 2024. An investor that had 100 shares of stock prior to the reverse split would have 5 shares after the split.

Shares of YYAI 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.

Based on aggregate information from My MarketBeat watchlists, some other companies that Connexa Sports Technologies investors own include Meta Platforms (META), AMC Entertainment (AMC), Avinger (AVGR), Canopy Growth (CGC), CISO Global (CISO), Femasys (FEMY) and Holley (HLLY).

Company Calendar

Last Earnings
9/10/2024
Today
11/02/2024
Next Earnings (Estimated)
11/25/2024
Fiscal Year End
4/30/2025

Industry, Sector and Symbol

Industry
Sporting & athletic goods, not elsewhere classified
Sub-Industry
Recreation
Current Symbol
NASDAQ:YYAI
Previous Symbol
NASDAQ:YYAI
Fax
N/A
Employees
8
Year Founded
N/A

Profitability

Net Income
$-15,640,000.00
Net Margins
-565.12%
Pretax Margin
-317.73%

Debt

Sales & Book Value

Annual Sales
$8.40 million
Book Value
$5.25 per share

Miscellaneous

Free Float
5,612,000
Market Cap
$23.63 million
Optionable
N/A
Beta
-1.49
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This page (NASDAQ:YYAI) was last updated on 11/2/2024 by MarketBeat.com Staff
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