Nayax Ltd. (NASDAQ:NYAX) Short Interest Down 42.9% in April

Nayax Ltd. (NASDAQ:NYAX) was the recipient of a significant decline in short interest in April. As of April 15th, there was short interest totalling 400 shares, a decline of 42.9% from the March 31st total of 700 shares. Based on an average daily volume of 9,700 shares, the short-interest ratio is currently 0.0 days.

Nayax Stock Down 2.9 %

NYAX traded down $0.75 on Friday, reaching $25.35. 2,031 shares of the company traded hands, compared to its average volume of 9,928. The stock’s 50 day moving average price is $26.28 and its 200-day moving average price is $22.71. Nayax has a 52-week low of $16.38 and a 52-week high of $30.99. The company has a market cap of $832.81 million, a price-to-earnings ratio of -52.82 and a beta of 0.07. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.00 and a quick ratio of 0.90.

Nayax (NASDAQ:NYAX) last announced its quarterly earnings data on Wednesday, February 28th. The company reported ($0.10) EPS for the quarter, missing analysts’ consensus estimates of ($0.06) by ($0.04). The company had revenue of $66.60 million for the quarter, compared to analysts’ expectations of $67.50 million. Nayax had a negative net margin of 6.75% and a negative return on equity of 15.96%. On average, sell-side analysts expect that Nayax will post 0.08 EPS for the current fiscal year.

Institutional Trading of Nayax

A number of institutional investors have recently added to or reduced their stakes in the business. Ibex Investors LLC lifted its stake in Nayax by 0.5% in 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 last quarter. Assenagon Asset Management S.A. lifted its stake in shares of Nayax by 152.9% in the first quarter. Assenagon Asset Management S.A. now owns 62,612 shares of the company’s stock worth $1,655,000 after buying an additional 37,853 shares during the last quarter. Finally, Barclays PLC lifted its stake in shares of Nayax by 873.7% in the second quarter. Barclays PLC now owns 1,480 shares of the company’s stock worth $28,000 after buying an additional 1,328 shares during the last quarter. 34.87% of the stock is currently owned by institutional investors and hedge funds.

Nayax Company Profile

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.