Nexj Systems Inc (NXJ) Trading Down 4.1%

Shares of Nexj Systems Inc (TSE:NXJ) were down 4.1% during trading on Thursday . The stock traded as low as C$2.83 and last traded at C$2.83. Approximately 4,900 shares changed hands during trading, a decline of 50% from the average daily volume of 9,816 shares. The stock had previously closed at C$2.95.

Separately, Raymond James Financial, Inc. dropped their target price on shares of Nexj Systems from C$4.50 to C$4.00 and set a “market perform” rating for the company in a research report on Friday, July 28th.

The company’s 50 day moving average is $2.77 and its 200 day moving average is $3.54. The firm has a market capitalization of $59.80 million and a P/E ratio of 19.25.

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About Nexj Systems

NexJ Systems Inc provides enterprise customer management solutions to the financial services industry in the United States, Canada, the Asia Pacific, and Europe. It provides software for delivering customer relationship management (CRM) solutions to financial services and insurance industries, as well as CRM functionality tailored products to wealth management and private banking, corporate and commercial banking, and capital markets applications.

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