Off The Hook Ys (NYSEAMERICAN:NXB) Trading Down 0.9% – Should You Sell?

Off The Hook Ys Inc. (NYSEAMERICAN:NXB) shares were down 0.9% during mid-day trading on Friday . The stock traded as low as $2.16 and last traded at $2.21. 24,137 shares traded hands during trading, a decline of 61% from the average daily volume of 61,649 shares. The stock had previously closed at $2.23.

Off The Hook Ys Stock Down 0.9%

The firm’s 50-day moving average price is $2.09 and its 200 day moving average price is $2.36. The firm has a market cap of $55.56 million and a P/E ratio of -6.70. The company has a quick ratio of 0.16, a current ratio of 1.04 and a debt-to-equity ratio of 0.27.

Off The Hook Ys (NYSEAMERICAN:NXB) last issued its quarterly earnings data on Thursday, August 13th. The company reported ($0.08) earnings per share for the quarter. The firm had revenue of $59.06 million during the quarter. Off The Hook Ys had a negative net margin of 5.09% and a negative return on equity of 82.34%.

Institutional Investors Weigh In On Off The Hook Ys

A number of hedge funds have recently made changes to their positions in the business. Jane Street Group LLC acquired a new position in shares of Off The Hook Ys during the fourth quarter worth approximately $35,000. Geode Capital Management LLC acquired a new stake in Off The Hook Ys in the 4th quarter valued at approximately $42,000. Millennium Management LLC acquired a new stake in Off The Hook Ys in the 4th quarter valued at approximately $52,000. Finally, HRT Financial LP bought a new stake in Off The Hook Ys during the 4th quarter valued at $58,000.

About Off The Hook Ys

We are a premier yacht and boat dealership specializing in the buying, selling, and wholesaling of yachts and boats. Founded in 2012 by Jason Ruegg, OTHYS has grown into one of the largest marine wholesaler in the industry, recognized for its innovation, expertise, and expansive operations. Over the past decade, we believe OTHYS has become a nationally recognized leader in the marine industry, earning numerous accolades. The company has been named one of the 500 fastest-growing companies in the United States by Inc 500 and is consistently ranked as a Top 100 Dealer in the USA by Boating Industry, a magazine for boating professionals.