Analysts who follow Nextplay Technologies Inc (NXTP) on average expect it to climb 114.29% over the next twelve months. Those same analysts give the stock an average rating of Strong Buy.
That average rating earns NXTP an Analyst Ranking of 74, which means it ranks higher than 74 of stocks, based on data compiled by InvestorsObserver.
Wall Street analysts are rating NXTP a Strong Buy today. Find out what this means to you and get the rest of the rankings on NXTP!
Analysts know the inner workings of the companies they follow better than anyone but the companies’ management. You can learn a lot about a company from studying the financial statements, but analysts ask questions on conference calls and understand the intricacies of each of the businesses they cover. Analysts understand how bad weather in one part of the world can disrupt supply chains, or disrupt shopping patterns. This lets traders make decisions **before** a quarterly report that could be worse than expected.
InvestorsObserver aggregates the ratings of all the analysts covering a given stock, takes the average of those ratings and then percentile ranks the averages. That provides a level of granularity that is significantly better than just the three levels provided by traditional buy/hold/sell ratings.
What's Happening With Nextplay Technologies Inc Stock Today?
Nextplay Technologies Inc (NXTP) stock is unmoved 0.36% while the S&P 500 is down -0.29% as of 1:04 PM on Wednesday, Nov 10. NXTP is unmoved $0.00 from the previous closing price of $1.39 on volume of 1,563,957 shares. Over the past year the S&P 500 is higher by 31.76% while NXTP is down -31.71%. NXTP lost -$0.81 per share the over the last 12 months.
Click Here to get the full Stock Report for Nextplay Technologies Inc stock.
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