Nexera Technologies Ltd. (NASDAQ:NEXR – Get Free Report) was the recipient of a significant decline in short interest during the month of October. As of October 15th, there was short interest totaling 50,440 shares, a decline of 69.9% from the September 30th total of 167,461 shares. Currently, 18.6% of the shares of the company are short sold. Based on an average trading volume of 106,638 shares, the days-to-cover ratio is currently 0.5 days.
Analyst Upgrades and Downgrades
NEXR has been the subject of several research analyst reports. Wall Street Zen lowered shares of Nexera Technologies from a “sell” rating to a “strong sell” rating in a research note on Saturday, October 10th. UBS Group reissued a “sell” rating on shares of Nexera Technologies in a research report on Tuesday. Finally, Weiss Ratings lowered Nexera Technologies from a “sell (e+)” rating to a “sell (e)” rating in a research note on Wednesday, October 14th. Two research analysts have rated the stock with a Sell rating. According to data from MarketBeat.com, Nexera Technologies presently has a consensus rating of “Sell”.
Get Our Latest Stock Analysis on Nexera Technologies
Nexera Technologies Stock Up 21.8%
NEXR stock opened at $0.55 on Wednesday. The stock has a 50-day simple moving average of $1.47 and a two-hundred day simple moving average of $25.29. Nexera Technologies has a twelve month low of $0.42 and a twelve month high of $569.80.
Nexera Technologies (NASDAQ:NEXR – Get Free Report) last posted its earnings results on Monday, August 31st. The company reported ($25.90) EPS for the quarter. The company had revenue of $5.21 million during the quarter.
Nexera Technologies Company Profile
Jeffs’ Brands Ltd, together with its subsidiaries, operates as an e-commerce company. It engages in the sale of various consumer products on Amazon online marketplace. The company offers knife-sharpening sets, sharpeners, and nonslip rubber bases under the KnifePlanet brand; steel and soft-tip dart sets under the CC-Exquisite brand; car door and sets protectors for pets under the PetEvo brand; and bag sets and party supply kits for children under the Whoobli brand. It also provides reusable, self-cleansing pet hair removers for cats and dogs under the Wellted brand; and pest control products under the Fort brand.
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