Nexi S.p.A. (OTCMKTS:NEXXY – Get Free Report)’s share price dropped 7% on Thursday . The company traded as low as $4.65 and last traded at $4.65. Approximately 500 shares were traded during trading, a decline of 93% from the average session volume of 6,676 shares. The stock had previously closed at $5.00.
Wall Street Analyst Weigh In
Separately, Citigroup reissued a “neutral” rating on shares of Nexi in a report on Wednesday, August 12th. Five investment analysts have rated the stock with a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, Nexi currently has a consensus rating of “Reduce”.
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Nexi Stock Performance
About Nexi
Nexi S.p.A. (OTCMKTS:NEXXY) is a European PayTech company specializing in digital payment solutions for merchants, banks and public administrations. The company provides end-to-end processing services for card payments, point-of-sale terminals, e-commerce gateways and mobile wallet applications. Nexi’s platform integrates acquiring and issuing capabilities, enabling businesses to accept and manage a wide range of payment methods, including contactless, chip and PIN, and tokenized transactions.
Founded in 2017 through the merger of Italy’s Istituto Centrale delle Banche Popolari Italiane (ICBPI) and CartaSi, Nexi embarked on a strategy to consolidate payment services across Europe.
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