Zacks Small Cap Comments on NexTech AR Solutions Corp.’s Q2 2023 Earnings (OTCMKTS:NEXCF)

NexTech AR Solutions Corp. (OTCMKTS:NEXCF – Get Rating) – Stock analysts at Zacks Small Cap dropped their Q2 2023 earnings per share (EPS) estimates for shares of NexTech AR Solutions in a research report issued to clients and investors on Monday, May 22nd. Zacks Small Cap analyst L. Thompson now expects that the company will post earnings of ($0.04) per share for the quarter, down from their previous forecast of ($0.03). The consensus estimate for NexTech AR Solutions’ current full-year earnings is ($0.13) per share. Zacks Small Cap also issued estimates for NexTech AR Solutions’ Q4 2023 earnings at ($0.02) EPS and FY2023 earnings at ($0.13) EPS.

Separately, HC Wainwright reiterated a “buy” rating and set a $2.50 target price on shares of NexTech AR Solutions in a report on Friday, April 21st.

NexTech AR Solutions Trading Down 5.7 %

Shares of OTCMKTS:NEXCF opened at $0.51 on Wednesday. The company has a current ratio of 2.65, a quick ratio of 2.44 and a debt-to-equity ratio of 0.04. NexTech AR Solutions has a 1 year low of $0.25 and a 1 year high of $1.04. The stock has a 50-day simple moving average of $0.48 and a 200-day simple moving average of $0.58.

NexTech AR Solutions Company Profile

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NexTech AR Solutions Corp. engages in the development and provision of reality advertising platform. It operates through eCommerce and Technology Services segments. The eCommerce segment includes online sales channels, market places, and Direct sales through websites. The Technology Services segment involves on the provision of technology services for eCommerce, virtual events, higher education, and advertising.