Pixie Dust Technologies (NASDAQ:PXDT) Given a $5.21 Price Target at Fundamental Research

Fundamental Research set a $5.21 price target on Pixie Dust Technologies (NASDAQ:PXDT) in a report released on Tuesday morning, BayStreet.CA reports. The firm currently has a buy rating on the stock.

Pixie Dust Technologies Price Performance

Pixie Dust Technologies stock opened at $2.59 on Tuesday. The company has a debt-to-equity ratio of 0.01, a quick ratio of 2.04 and a current ratio of 2.18. Pixie Dust Technologies has a 12 month low of $2.30 and a 12 month high of $10.51. The stock’s 50-day moving average is $2.73 and its 200-day moving average is $5.86.

Institutional Investors Weigh In On Pixie Dust Technologies

A hedge fund recently bought a new stake in Pixie Dust Technologies stock. Sumitomo Mitsui Financial Group Inc. bought a new stake in shares of Pixie Dust Technologies, Inc. (NASDAQ:PXDT) during the 3rd quarter, according to its most recent filing with the SEC. The firm bought 56,400 shares of the company’s stock, valued at approximately $494,000. Sumitomo Mitsui Financial Group Inc. owned 0.38% of Pixie Dust Technologies as of its most recent filing with the SEC. Institutional investors and hedge funds own 0.39% of the company’s stock.

About Pixie Dust Technologies

Pixie Dust Technologies, Inc, a technology company, focuses on personal care and diversity, and workspace and digital transformation businesses primarily in Japan. It offers SonoRepro, an ultrasonic non-contact vibrotactile stimulation scalp care device; VUEVO, a series of directional voice arrival detection devices for individuals with deaf and hard-of-hearing; and kikippa, an acoustic stimulation device functioning as a desk-top speaker.