NXT-ID: Bankruptcy More Likely Than Spin-Off [Seeking Alpha]
NXT-ID Inc. (NXTD)
US:NASDAQ Investor Relations:
nxt-id.com/investor-relations
Company Research
Source: Seeking Alpha
NXT-ID: Bankruptcy More Likely Than Spin-Off Summary The CEO claims spin-off will occur in next 30 days. Financials reveal two fledgling companies. Company is closer to bankruptcy than spin-off. We’re all a bit older and wiser since 2014, the year I first published analysis NXTD Sales of the device flopped and the stock has essentially been on life support ever since. I published a follow-up Mr. Pereira has got NXTD going in so many different directions he likely has no idea where this company will be in 12-18 months. I have to give management credit, as they pivoted away from the Wocket and acquired two very different companies. The share price has declined, however it should be noted, the market cap of the company is up to $32M vs. $21M two years ago. There’s just enough lipstick on this pig to make it attractive, but before we get into why - let’s examine the businesses NXTD acquired. Acquired Fit Pay Merger was finalized in May 2017. The price was hefty for the common equity share
Show less
Read more
Impact Snapshot
Event Time:
NXTD
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
NXTD alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
NXTD alerts
High impacting NXT-ID Inc. news events
Weekly update
A roundup of the hottest topics