NextPlay Technologies, Inc., a company listed on the NASDAQ under the symbol NXTP, offers digital advertising services and operates under three segments: NextMedia, NextFinTech, and NextTrip. The company experienced a significant drop in short interest during the month of March, with 15,900 total shares as of March 15th. Hedge funds such as BlackRock, Bank of New York Mellon Corp, Virtu Financial LLC, and Millennium Management LLC have recently bought and sold shares of NXTP. The company reported ($0.54) earnings per share for the quarter, with a negative net margin of 1,295.88% and a negative return on equity of 60.88%. The company had revenue of $0.63 million for the quarter, compared to analyst estimates of $1.05 million. The company’s stock opened at $1.09 on Tuesday with a market capitalization of $6.51 million, a P/E ratio of -0.14, and a beta of 2.24.
NextPlay Technologies, Inc. (NASDAQ:NXTP) saw a significant decrease in short interest during the month of March. The short interest totalled 15,900 as of March 15th. The company opened at $1.09 on Tuesday with a market capitalization of $6.51 million, a P/E ratio of -0.14, and a beta of 2.24. NextPlay Technologies has a fifty-two week low of $0.94 and a fifty-two week high of $13.20. The company reported ($0.54) earnings per share (EPS) for the quarter and had a negative net margin of 1,295.88% and a negative return on equity of 60.88%. The company had revenue of $0.63 million for the quarter, compared to analyst estimates of $1.05 million. On average, equities research analysts expect that NextPlay Technologies will post -3.2 earnings per share for the current year.
Several hedge funds have recently bought and sold shares of NXTP. BlackRock Inc. grew its stake in NextPlay Technologies by 9.8% in the 1st quarter, while Bank of New York Mellon Corp purchased a new stake in the company in the 1st quarter valued at $64,000. Virtu Financial LLC boosted its stake in shares of NextPlay Technologies by 757.0% in the 2nd quarter. Hedge funds and other institutional investors own 5.00% of the company’s stock.
NextPlay Technologies is a company listed on the NASDAQ under the symbol NXTP, which operates in the technology sector. The company’s focus is on mobile gaming, digital advertising, and blockchain technologies.
NextPlay Technologies, Inc. offers digital advertising services and operates under three segments: NextMedia, NextFinTech, and NextTrip. The NextMedia segment includes HotPlay and Rehnhart/Zappware, while the NextFinTech segment comprises Longroot and NextBank. The NextTrip segment includes NextTrip holdings. Investors can receive news and ratings for NextPlay Technologies daily by subscribing to MarketBeat.com’s free daily email newsletter.
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