Next Technology (NASDAQ:NXTT) Sees Large Volume Increase – Time to Buy?

Next Technology Holding Inc. (NASDAQ:NXTT) shares saw unusually-high trading volume on Monday . Approximately 4,943,716 shares changed hands during trading, an increase of 171% from the previous session’s volume of 1,821,538 shares.The stock last traded at $1.40 and had previously closed at $1.36.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen raised Next Technology to a “hold” rating in a report on Thursday, May 22nd.

Next Technology Trading Up 12.1%

The business has a fifty day moving average price of $1.05 and a 200 day moving average price of $1.41.

Next Technology (NASDAQ:NXTT) last posted its quarterly earnings results on Friday, May 9th. The company reported ($0.01) EPS for the quarter.

Next Technology Company Profile

Next Technology Holding Inc provides technical services and solutions through its social e-commerce platform primarily in Mainland China. It offers YCloud, a micro-business cloud intelligent internationalization system that conducts multi-channel data analysis through the learning of big data and social recommendation relationships, as well as provides users with AI fission and management systems, and supply chain systems.