NXT-ID (NXTD) Trading Down 1.2%
NXT-ID Inc (NASDAQ:NXTD) dropped 1.2% during mid-day trading on Monday . The stock traded as low as $1.65 and last traded at $1.65. Approximately 5,929 shares were traded during mid-day trading, a decline of 98% from the average daily volume of 267,536 shares. The stock had previously closed at $1.67.
NXTD has been the subject of several recent analyst reports. EuroPacific Canada initiated coverage on shares of NXT-ID in a research note on Thursday, May 31st. They issued a “buy” rating and a $5.00 target price for the company. Maxim Group restated a “buy” rating and set a $5.00 price objective on shares of NXT-ID in a research report on Tuesday, April 24th.
The company has a debt-to-equity ratio of 0.68, a quick ratio of 0.78 and a current ratio of 1.07.
NXT-ID Company Profile
Nxt-ID, Inc, a security technology company, engages in the development of products and solutions for security, healthcare, financial technology, and Internet of Things (IoT) markets. It offers non-monitored and monitored personal emergency response systems (PERS), including landline and cell-based options; the Fit Pay Trusted Payment Manager Platform (TPMP) that provides IoT and wearable devices with contactless payment capabilities and full digital wallet functionality; World Ventures Flye SmartCard, a smartcard customized for WorldVentures, the travel company; and Fit Pay General Purpose Reloadable Mastercard, which offers prepaid capabilities on wearable devices connected to the TPMP.
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