Wall Street Zen Downgrades Nexera Technologies (NASDAQ:NEXR) to Sell

Nexera Technologies (NASDAQ:NEXR) was downgraded by analysts at Wall Street Zen from a “hold” rating to a “sell” rating in a report issued on Saturday, Wall Street Zen reports.

Separately, Weiss Ratings upgraded shares of Nexera Technologies from a “sell (e)” rating to a “sell (e+)” rating in a report on Wednesday, August 26th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock presently has an average rating of “Sell”.

Nexera Technologies Stock Performance

NASDAQ NEXR opened at $1.70 on Friday. Nexera Technologies has a 52 week low of $1.63 and a 52 week high of $847.00. The company has a debt-to-equity ratio of 0.14, a quick ratio of 2.20 and a current ratio of 3.23. The stock’s 50 day moving average price is $3.82 and its two-hundred day moving average price is $17.56.

Nexera Technologies (NASDAQ:NEXR) last issued its quarterly earnings results on Monday, August 31st. The company reported ($25.90) earnings per share for the quarter. The firm had revenue of $5.21 million for the quarter.

Nexera Technologies Company Profile

Jeffs’ Brands Ltd, together with its subsidiaries, operates as an e-commerce company. It engages in the sale of various consumer products on Amazon online marketplace. The company offers knife-sharpening sets, sharpeners, and nonslip rubber bases under the KnifePlanet brand; steel and soft-tip dart sets under the CC-Exquisite brand; car door and sets protectors for pets under the PetEvo brand; and bag sets and party supply kits for children under the Whoobli brand. It also provides reusable, self-cleansing pet hair removers for cats and dogs under the Wellted brand; and pest control products under the Fort brand.