Nextech3D.AI Co. (OTCMKTS:NEXCF) Short Interest Update

Nextech3D.AI Co. (OTCMKTS:NEXCF) was the target of a large decline in short interest in October. As of October 15th, there was short interest totalling 36,900 shares, a decline of 57.7% from the September 30th total of 87,200 shares. Based on an average daily volume of 433,800 shares, the days-to-cover ratio is currently 0.1 days.

Analyst Upgrades and Downgrades

Separately, HC Wainwright decreased their price objective on Nextech3D.AI from $0.50 to $0.25 and set a “buy” rating for the company in a report on Wednesday, September 18th.

Nextech3D.AI Stock Performance

NEXCF stock remained flat at $0.05 during midday trading on Friday. The company’s stock had a trading volume of 98,123 shares, compared to its average volume of 201,802. The company’s 50-day moving average is $0.06 and its 200-day moving average is $0.08. Nextech3D.AI has a twelve month low of $0.03 and a twelve month high of $0.23.

Nextech3D.AI (OTCMKTS:NEXCF) last announced its quarterly earnings data on Thursday, August 29th. The company reported ($0.01) EPS for the quarter, topping the consensus estimate of ($0.02) by $0.01. Nextech3D.AI had a negative net margin of 388.76% and a negative return on equity of 7,225.80%. The business had revenue of $0.81 million for the quarter, compared to analyst estimates of $0.87 million. As a group, analysts forecast that Nextech3D.AI will post -0.05 earnings per share for the current fiscal year.

About Nextech3D.AI

Nextech3D.AI Corporation provides augmented reality technologies, wayfinding technologies, and 3D model services. It focuses on creating 3D WebAR photorealistic models for the prime ecommerce marketplace, as well as other online retailers. The company was formerly known as NexTech AR Solutions Corp. and changed its name to Nextech3D.AI Corporation in September 2023.