Nexentis Technologies (NASDAQ:NXTS) Posts Earnings Results

Nexentis Technologies (NASDAQ:NXTS) announced its earnings results on Thursday. The company reported ($10.74) earnings per share (EPS) for the quarter, FiscalAI reports.

Nexentis Technologies Price Performance

Nexentis Technologies stock traded down $0.14 on Friday, reaching $4.50. The company’s stock had a trading volume of 1,793 shares, compared to its average volume of 95,153. The business’s fifty day moving average price is $4.96 and its 200 day moving average price is $11.28. The company has a debt-to-equity ratio of 0.02, a quick ratio of 4.19 and a current ratio of 4.19. The company has a market cap of $3.29 million, a price-to-earnings ratio of -0.02 and a beta of 1.71. Nexentis Technologies has a twelve month low of $3.38 and a twelve month high of $89.79.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Nexentis Technologies in a research note on Friday, April 17th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company presently has an average rating of “Sell”.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Nexentis Technologies stock. DRW Securities LLC acquired a new position in shares of Nexentis Technologies Inc. (NASDAQ:NXTS) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 26,363 shares of the company’s stock, valued at approximately $44,000. DRW Securities LLC owned about 0.97% of Nexentis Technologies as of its most recent SEC filing. Hedge funds and other institutional investors own 61.24% of the company’s stock.

About Nexentis Technologies

N2OFF, Inc, an agri-food tech company, engages in the development and sale of eco-friendly green solutions for the food industry to enhance food safety and shelf life of fresh produce. Its products are based on proprietary blend of food acids combined with various oxidizing agent-based sanitizers and low concentrated fungicides for cleaning, sanitizing, and controlling pathogens on fresh produce that are safer for human consumption and extend their shelf life by reducing their decay. The company’s products include SavePROTECT or PeroStar, a processing aid for post-harvest application that is added to fruit and vegetable wash water; and SF3HS and SF3H, a post-harvest cleaning and sanitizing solution to control plant and foodborne pathogens.