Nayax (NASDAQ:NYAX) Shares Gap Up to $24.96

Shares of Nayax Ltd. (NASDAQ:NYAX) gapped up before the market opened on Tuesday . The stock had previously closed at $24.96, but opened at $25.80. Nayax shares last traded at $25.80, with a volume of 162 shares trading hands.

Nayax Stock Up 3.4 %

The company has a current ratio of 1.00, a quick ratio of 0.90 and a debt-to-equity ratio of 0.19. The firm’s fifty day moving average is $26.30 and its 200-day moving average is $22.59.

Nayax (NASDAQ:NYAX) last posted its earnings results on Wednesday, February 28th. The company reported ($0.10) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.06) by ($0.04). The firm had revenue of $66.60 million during the quarter, compared to the consensus estimate of $67.50 million. Nayax had a negative net margin of 6.75% and a negative return on equity of 15.96%. On average, equities research analysts expect that Nayax Ltd. will post 0.08 EPS for the current fiscal year.

Institutional Trading of Nayax

Several large investors have recently made changes to their positions in NYAX. Barclays PLC raised its position in Nayax by 873.7% in the 2nd quarter. Barclays PLC now owns 1,480 shares of the company’s stock worth $28,000 after purchasing an additional 1,328 shares during the last quarter. Ibex Investors LLC lifted its stake in shares of Nayax by 0.5% during the third quarter. Ibex Investors LLC now owns 303,640 shares of the company’s stock valued at $7,031,000 after acquiring an additional 1,500 shares during the period. Finally, Assenagon Asset Management S.A. bought a new position in Nayax in the third quarter valued at about $575,000. Institutional investors own 34.87% of the company’s stock.

About Nayax

Nayax Ltd., a fintech company, operates system and payment platform for multiple retailers in the United States, Europe, the United Kingdom, Australia, Israel, and rest of the world. The company offers AMIT 3.0, a machine-to-machine vending telemetry solution; Nayax Core, a management and monitoring software for vending machines and other unattended machines; MoMa, a mobile app for unattended machine; Tigapo back-office software suite, a cloud-based platform; EV Core, a smart, cloud-based management platform; Retail Management Cloud, a comprehensive attended retail management platform; Loyalty and Marketing Suite, a consumer engagement marketing and loyalty platform; Monyx Wallet, a digital wallet app enabling cashless payments with mobile phones; Weezmo, a consumer engagement and marketing platform; and Tigapo app, a proprietary mobile app to help family entertainment center businesses.