Nextplay Stock Analysis

NXTP -  USA Stock  

USD 0.66  0.02  2.94%

The big decline in price over the last few months for Nextplay Technologiesmay encourage insiders to take a closer look at the firm as it is trading at a share price of 0.66 on 558,700 in trading volume. The company directors and management failed to add value to investors and positioning the firm supply of money to exploit market volatility in December. However, diversifying your holdings with Nextplay Technologies or any similar stocks can still protect your portfolios during high-volatility market scenarios. The stock standard deviation of daily returns for 90 days investing horizon is currently 7.4. The very high volatility is mostly attributed to the latest market swings and not very good earnings reports from some of the Nextplay Technologies partners.
Additionally, see Stocks Correlation.

Nextplay Stock Analysis 

 
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The Nextplay Technologies stock analysis report makes it easy to digest most publicly released information about Nextplay Technologies and get updates on important government artifacts, including earning estimates, SEC corporate filings, and announcements. Nextplay Stock analysis module also helps to analyze the Nextplay Technologies price relationship with some important fundamental indicators such as market cap and management efficiency.

Nextplay Stock Analysis Notes

About 29.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 0.88. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Nextplay Technologies recorded a loss per share of 7.36. The entity had not issued any dividends in recent years. The firm had a split on the 12th of February 2018. NextPlay Technologies, Inc., a technology solutions company, provides games, in-game advertising, crypto-banking, connected TV, and travel booking services to consumers and corporations. Nextplay Technologies operates under Information Technology Services classification in the United States and is traded on NASDAQ Exchange. It employs 21 people. To find out more about Nextplay Technologies contact the company at 954-888-9779 or learn more at https://www.nextplaytechnologies.com.

Nextplay Technologies Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Nextplay Technologies' investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Nextplay Technologies or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Nextplay Technologies generated a negative expected return over the last 90 days
Nextplay Technologies has high historical volatility and very poor performance
Nextplay Technologies has some characteristics of a very speculative penny stock
Nextplay Technologies has high likelihood to experience some financial distress in the next 2 years
The company currently holds 14.84 M in liabilities with Debt to Equity (D/E) ratio of 0.21, which may suggest the company is not taking enough advantage from borrowing. Nextplay Technologies has a current ratio of 0.71, indicating that it has a negative working capital and may not be able to pay financial obligations when due.
Net Loss for the year was (1.06 M).
Nextplay Technologies currently holds about 8.96 M in cash with (1.27 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.1.
Roughly 29.0% of Nextplay Technologies outstanding shares are owned by corporate insiders
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Nextplay Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Nextplay Technologies is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Nextplay Technologies backward and forwards among themselves. Nextplay Technologies' institutional investor refers to the entity that pools money to purchase Nextplay Technologies' securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Security TypeSharesValue
Vanguard Group IncCommon Shares657.7 K881 K
Raymond James Financial Services Advisors IncCommon Shares222.4 K298 K
Millennium Management LlcCommon Shares178.4 K239 K
Blackrock IncCommon Shares157.5 K211 K
Geode Capital Management LlcCommon Shares149.4 K200 K
Morgan StanleyCommon Shares58.3 K78 K
Ergoteles LlcCommon Shares49.6 K67 K
Note, although Nextplay Technologies' institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Nextplay Market Capitalization

The company currently falls under 'Micro-Cap' category with current market capitalization of 75.43 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Nextplay Technologies's market, we take the total number of its shares issued and multiply it by Nextplay Technologies's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities.

Management Efficiency

Nextplay Technologies management efficiency ratios could be used to measure how well nextplay technologies manages its routine affairs as well as how well it operates its assets and liabilities.

Technical Drivers

As of the 23rd of January, Nextplay Technologies secures the mean deviation of 5.08, and Risk Adjusted Performance of (0.19). In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Nextplay Technologies, as well as the relationship between them. Strictly speaking, you can use this information to find out if the firm will indeed mirror its model of past prices, or the prices will eventually revert. We were able to interpolate and analyze data for nineteen technical drivers for Nextplay Technologies, which can be compared to its peers in the industry. Please verify Nextplay Technologies standard deviation, as well as the relationship between the value at risk and kurtosis to decide if Nextplay Technologies is priced some-what accurately, providing market reflects its recent price of 0.66 per share. As Nextplay Technologies is a penny stock we also strongly advise to check its total risk alpha numbers.

Nextplay Technologies Price Movement Analysis

Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Exponential Moving Average is calculated by weighting recent values of Nextplay Technologies more heavily than older values. View also all equity analysis or get more info about exponential moving average overlap studies indicator.

Nextplay Technologies Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Nextplay Technologies insiders, such as employees or executives, is commonly permitted as long as it does not rely on Nextplay Technologies' material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Nextplay Technologies insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Gardner Edward Terrence Jr over a month ago via Macroaxis 
Nextplay Technologies exotic insider transaction detected
Obata Yoshihiro over two months ago via Macroaxis 
Acquisition by Obata Yoshihiro of 9470 shares of Nextplay Technologies subject to Rule 16b-3
Diges Carmen L over two months ago via Macroaxis 
Acquisition by Diges Carmen L of 9470 shares of Nextplay Technologies subject to Rule 16b-3
Boonyawattanapisut Nithinan over three months ago via Macroaxis 
Nextplay Technologies exotic insider transaction detected
Duchesne Rupert James over three months ago via Macroaxis 
Acquisition by Duchesne Rupert James of 5000 shares of Nextplay Technologies subject to Rule 16b-3
Greaves Andrew James over three months ago via Macroaxis 
Nextplay Technologies exotic insider transaction detected
Kerby William over three months ago via Macroaxis 
Acquisition or disposition of Nextplay Technologies securities by Kerby William
Monaco Donald P over three months ago via Macroaxis 
Acquisition by Monaco Donald P of 585425 shares of Nextplay Technologies subject to Rule 16b-3
Obata Yoshihiro over three months ago via Macroaxis 
Nextplay Technologies exotic insider transaction detected
Boonyawattanapisut Nithinan over six months ago via Macroaxis 
Nextplay Technologies exotic insider transaction detected
Riddell Stacey Donna over six months ago via Macroaxis 
Nextplay Technologies exotic insider transaction detected
Bonner John Todd over six months ago via Macroaxis 
Nextplay Technologies exotic insider transaction detected

Nextplay Technologies Predictive Daily Indicators

Nextplay Technologies intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Nextplay Technologies stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

Nextplay Technologies Forecast Models

Nextplay Technologies time-series forecasting models is one of many Nextplay Technologies' stock analysis techniquest aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Nextplay Technologies' historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.

About Nextplay Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Nextplay Technologies stock is reacting to, or reflecting on a current stock market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Nextplay shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas, a specific sector, or an individual stock such as Nextplay Technologies. By using and applying Nextplay Stock analysis, traders can create a robust methodology for identifying Nextplay entry and exit points for their positions.
NextPlay Technologies, Inc., a technology solutions company, provides games, in-game advertising, crypto-banking, connected TV, and travel booking services to consumers and corporations. Nextplay Technologies operates under Information Technology Services classification in the United States and is traded on NASDAQ Exchange. It employs 21 people.

Be your own money manager

As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our stock analysis tools, you can find out how much better you can do when adding Nextplay Technologies to your portfolios without increasing risk or reducing expected return.

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Additionally, see Stocks Correlation. Note that the Nextplay Technologies information on this page should be used as a complementary analysis to other Nextplay Technologies' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Shere Portfolio module to track or share privately all of your investments from the convenience of any device.

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When running Nextplay Technologies price analysis, check to measure Nextplay Technologies' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Nextplay Technologies is operating at the current time. Most of Nextplay Technologies' value examination focuses on studying past and present price action to predict the probability of Nextplay Technologies' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Nextplay Technologies' price. Additionally, you may evaluate how the addition of Nextplay Technologies to your portfolios can decrease your overall portfolio volatility.
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Is Nextplay Technologies' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Nextplay Technologies. If investors know Nextplay will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Nextplay Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Nextplay Technologies is measured differently than its book value, which is the value of Nextplay that is recorded on the company's balance sheet. Investors also form their own opinion of Nextplay Technologies' value that differs from its market value or its book value, called intrinsic value, which is Nextplay Technologies' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Nextplay Technologies' market value can be influenced by many factors that don't directly affect Nextplay Technologies' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Nextplay Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine Nextplay Technologies value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nextplay Technologies' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.