It’s Not Over Yet For Nextracker Inc (NASDAQ: NXT)

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours.

Stocks Info

Nextracker Inc is listed on the NASDAQ as a member of the Technology sector and is a part of the Solar industry. The current market capitalization of Nextracker Inc is $5.94B. A total of 2.97 million shares were traded on the day, compared to an average of 2.53M shares.

In the most recent transaction, LEAH SCHLESINGER bought 3,629 shares of NXT for 36.53 per share on Jan 02 ’25. In a previous transaction on May 20 ’24, LEDESMA BRUCE sold 12,135 shares at 43.91 per share. NXT shares that President – Strtgy & Admnstrtn owns now total 17,387.

Among the insiders who sold shares, Schlesinger Leah disposed of 2,149 shares on Apr 03 ’24 at a per-share price of $51.91. This resulted in the GC, Ch Eth & Compl Off’r & Sec holding 11,910 shares of NXT after the transaction. In another insider transaction, Miller Nicholas Marco sold 8,355 shares at $52.67 per share on Apr 02 ’24. Company shares held by the Chief Operating Officer now total 11,114.

Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. In terms of 52-week highs and lows, NXT has a high of $62.31 and a low of $30.93.

Balance Sheet Annually/Quarterly

A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. Investors can determine the company’s prospects by calculating its financial ratios based on this information. NXT’s latest balance sheet shows that the firm has $38.37M in Cash & Short Term Investments as of fiscal 2022. Its Book Value Per Share was $8.81, while its Total Shareholder’s Equity was -$3.04M.

Analysts Opinion

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for NXT is Buy with a score of 4.55.

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