Connexa Sports Technologies (NASDAQ:YYAI) Releases Quarterly Earnings Results

Connexa Sports Technologies (NASDAQ:YYAI) released its quarterly earnings data on Friday. The company reported ($0.24) earnings per share for the quarter, Zacks reports. Connexa Sports Technologies had a negative return on equity of 1,557.21% and a negative net margin of 565.12%.

Connexa Sports Technologies Price Performance

Shares of Connexa Sports Technologies stock remained flat at $1.08 during trading on Friday. 195,483 shares of the stock traded hands, compared to its average volume of 253,687. The stock has a market cap of $6.96 million, a P/E ratio of 0.00 and a beta of -1.84. Connexa Sports Technologies has a 1-year low of $0.95 and a 1-year high of $53.00. The stock’s 50-day simple moving average is $4.28 and its 200 day simple moving average is $8.60.

Connexa Sports Technologies Company Profile

Connexa Sports Technologies Inc engages in the sports equipment and technology business in the United States. The company offers Slinger Launcher, a portable padel tennis ball launcher and pickleball launcher; and Slinger Bag Launcher, a ball launcher built into transport wheeled trolley bag. It also provides Gameface, AI technology and performance analytics for sports.