Nexi S.p.A. (OTCMKTS:NEXXY – Get Free Report) saw a significant growth in short interest in the month of June. As of June 15th, there was short interest totaling 20,026 shares, a growth of ∞ from the May 31st total of 0 shares. Based on an average trading volume of 10,440 shares, the short-interest ratio is currently 1.9 days.
Nexi Stock Down 2.4%
Nexi stock opened at $4.00 on Wednesday. Nexi has a 52-week low of $3.00 and a 52-week high of $6.74. The company has a fifty day simple moving average of $4.20 and a 200-day simple moving average of $4.14.
Analyst Upgrades and Downgrades
NEXXY has been the topic of several research analyst reports. Citigroup reiterated a “neutral” rating on shares of Nexi in a research report on Thursday, May 28th. The Goldman Sachs Group lowered shares of Nexi to a “neutral” rating in a research note on Monday, April 13th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Nexi in a report on Monday, May 11th. Finally, Jefferies Financial Group reiterated a “hold” rating on shares of Nexi in a research note on Wednesday, April 29th. Five equities research analysts have rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Reduce”.
Nexi Company Profile
Nexi S.p.A. (OTCMKTS:NEXXY) is a European PayTech company specializing in digital payment solutions for merchants, banks and public administrations. The company provides end-to-end processing services for card payments, point-of-sale terminals, e-commerce gateways and mobile wallet applications. Nexi’s platform integrates acquiring and issuing capabilities, enabling businesses to accept and manage a wide range of payment methods, including contactless, chip and PIN, and tokenized transactions.
Founded in 2017 through the merger of Italy’s Istituto Centrale delle Banche Popolari Italiane (ICBPI) and CartaSi, Nexi embarked on a strategy to consolidate payment services across Europe.
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