Nayax (NASDAQ:NYAX) Shares Gap Up to $24.96

Shares of Nayax Ltd. (NASDAQ:NYAX) gapped up prior to trading on Tuesday . The stock had previously closed at $24.96, but opened at $25.80. Nayax shares last traded at $25.80, with a volume of 162 shares trading hands.

Nayax Price Performance

The company has a current ratio of 1.00, a quick ratio of 0.90 and a debt-to-equity ratio of 0.19. The company has a fifty day moving average price of $26.30 and a 200 day moving average price of $22.59.

Nayax (NASDAQ:NYAX) last issued its quarterly earnings data on Wednesday, February 28th. The company reported ($0.10) EPS for the quarter, missing analysts’ consensus estimates of ($0.06) by ($0.04). The company had revenue of $66.60 million for the quarter, compared to the consensus estimate of $67.50 million. Nayax had a negative return on equity of 15.96% and a negative net margin of 6.75%. Equities research analysts anticipate that Nayax Ltd. will post 0.08 EPS for the current year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the company. Barclays PLC increased its holdings in shares of Nayax by 873.7% during the second quarter. Barclays PLC now owns 1,480 shares of the company’s stock valued at $28,000 after purchasing an additional 1,328 shares during the period. Assenagon Asset Management S.A. acquired a new position in Nayax during the 3rd quarter valued at about $575,000. Finally, Ibex Investors LLC raised its position in shares of Nayax by 0.5% during the 3rd quarter. Ibex Investors LLC now owns 303,640 shares of the company’s stock worth $7,031,000 after buying an additional 1,500 shares in the last quarter. Institutional investors own 34.87% of the company’s stock.

About Nayax

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.