NXT-ID Inc. (NXTD) Scheduled to Post Quarterly Earnings on Monday
NXT-ID Inc. (NASDAQ:NXTD) will issue its quarterly earnings data after the market closes on Monday, November 13th.
Shares of NXT-ID Inc. (NASDAQ NXTD) opened at $1.83 on Monday. NXT-ID Inc. has a twelve month low of $1.21 and a twelve month high of $4.22. The company has a debt-to-equity ratio of 3.33, a current ratio of 0.58 and a quick ratio of 0.29.
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Separately, Maxim Group set a $5.00 price objective on NXT-ID and gave the stock a “buy” rating in a report on Wednesday, July 26th.
A hedge fund recently raised its stake in NXT-ID stock. Vanguard Group Inc. boosted its position in shares of NXT-ID Inc. (NASDAQ:NXTD) by 2.2% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 76,010 shares of the technology company’s stock after purchasing an additional 1,609 shares during the quarter. Vanguard Group Inc. owned about 0.79% of NXT-ID worth $144,000 as of its most recent filing with the Securities and Exchange Commission. 3.06% of the stock is currently owned by institutional investors and hedge funds.
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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