NXT-ID Inc. (NXTD) to Release Earnings on Monday

NXT-ID Inc. (NASDAQ:NXTD) is scheduled to be posting its quarterly earnings results after the market closes on Monday, November 13th.

Shares of NXT-ID Inc. (NXTD) opened at $1.38 on Friday. NXT-ID Inc. has a twelve month low of $1.21 and a twelve month high of $4.22. The company has a current ratio of 0.58, a quick ratio of 0.29 and a debt-to-equity ratio of 3.33.

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A hedge fund recently raised its stake in NXT-ID stock. Vanguard Group Inc. boosted its stake in shares of NXT-ID Inc. (NASDAQ:NXTD) by 2.2% during the 2nd quarter, according to its most recent filing with the SEC. The firm owned 76,010 shares of the technology company’s stock after purchasing an additional 1,609 shares during the period. Vanguard Group Inc. owned approximately 0.79% of NXT-ID worth $144,000 at the end of the most recent quarter. 3.08% of the stock is currently owned by institutional investors.

Separately, Maxim Group restated a “buy” rating and issued a $5.00 target price on shares of NXT-ID in a research note on Wednesday, September 20th.

About NXT-ID

Nxt-ID, Inc is a technology company. The Company is focused on products, solutions and services for security on mobile devices. The Company’s core technologies consist of those that support digital payments, biometric identification, encryption, sensors and miniaturization. It has three lines of business: mobile commerce (m-commerce), primarily through the application of secure digital payment technologies; biometric access control applications, and Department of Defense contracting.

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