News coverage about NXT-ID (NASDAQ:NXTD) has trended very positive this week, AlphaOne Sentiment reports. The research group, a service of Accern, scores the sentiment of news coverage by reviewing more than twenty million news and blog sources. AlphaOne ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. NXT-ID earned a coverage optimism score of 0.56 on AlphaOne’s scale. AlphaOne also gave news articles about the technology company an impact score of 0 out of 100, meaning that recent news coverage is extremely unlikely to have an effect on the company’s share price in the next few days.

These are some of the news articles that may have impacted Alpha One’s scoring:

Insider Buying and Selling by Quarter for NXT-ID (NASDAQ:NXTD)

Shares of NXT-ID (NASDAQ:NXTD) traded down 6.34% during mid-day trading on Friday, hitting $1.33. The stock had a trading volume of 85,251 shares. The company’s 50 day moving average price is $1.63 and its 200 day moving average price is $2.19. NXT-ID has a 12-month low of $1.33 and a 12-month high of $6.49. The stock’s market cap is $12.73 million.

NXT-ID (NASDAQ:NXTD) last announced its quarterly earnings results on Tuesday, May 16th. The technology company reported ($0.13) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.14) by $0.01. The business had revenue of $6.68 million for the quarter. Equities research analysts predict that NXT-ID will post ($0.70) EPS for the current fiscal year.

Separately, Maxim Group began coverage on NXT-ID in a research note on Thursday, April 20th. They issued a “buy” rating and a $4.25 price objective on the stock.

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NXT-ID Company Profile

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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