Nixxy (NASDAQ:NIXX) Cut to Sell at Wall Street Zen

Wall Street Zen lowered shares of Nixxy (NASDAQ:NIXX) from a hold rating to a sell rating in a report published on Sunday.

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Nixxy in a report on Monday, December 22nd. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock presently has an average rating of “Sell”.

Nixxy Stock Performance

Shares of NIXX stock opened at $0.57 on Friday. The firm has a market cap of $14.23 million, a price-to-earnings ratio of -1.12 and a beta of 1.19. Nixxy has a 52 week low of $0.54 and a 52 week high of $2.92. The firm’s 50-day simple moving average is $1.00 and its two-hundred day simple moving average is $1.39.

Institutional Trading of Nixxy

An institutional investor recently bought a new position in Nixxy stock. XTX Topco Ltd bought a new position in Nixxy, Inc. (NASDAQ:NIXX) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 34,954 shares of the company’s stock, valued at approximately $73,000. XTX Topco Ltd owned 0.17% of Nixxy as of its most recent SEC filing. 13.14% of the stock is currently owned by institutional investors.

Nixxy Company Profile

Nixxy Inc operates an on-demand recruiting platform which aims to deliver the right talent to both small and large businesses. It provides employers access to independent recruiters and utilizes an innovative web platform, with integrated AI-driven candidate to job matching and video screening software to source qualified talent. Nixxy Inc, formerly known as Recruiter.com Group Inc, is based in Bristol, CT.