Connexa Sports Technologies Stock Today

YYAI Stock   0.66  0.04  6.45%   

Performance

Very Weak

 
Weak
 
Strong

Odds Of Distress

Very High

 
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Connexa Sports is trading at 0.66 as of the 1st of March 2025. This is a 6.45% up since the beginning of the trading day. The stock's open price was 0.62. Connexa Sports has a very high chance of experiencing financial distress in the next few years of operation. It has also generated negative returns for investors over the last 90 days. Connexa Sports symbol was changed from CNXA on 15th of April 2024. The performance scores are derived for the period starting the 1st of December 2024 and ending today, the 1st of March 2025. Click here to learn more.
Business Domain
Consumer Durables & Apparel
IPO Date
24th of May 2019
Category
Consumer Cyclical
Classification
Consumer Discretionary
Connexa Sports is entity of United States. It is traded as Stock on NASDAQ exchange. The company has 14.56 M outstanding shares of which 553.12 K shares are at this time shorted by private and institutional investors with about 1.51 trading days to cover. More on Connexa Sports Technologies

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Connexa Stock Highlights

Older SymbolCNXA
CEO, ChairmanMike Ballardie
Thematic IdeaRecreation (View all Themes)
Business ConcentrationApparel, Accessories & Luxury Goods, Consumer Durables & Apparel, Consumer Discretionary, NASDAQ Composite, Recreation, Consumer Discretionary, Textiles, Apparel & Luxury Goods, Consumer Durables & Apparel, Consumer Discretionary (View all Sectors)
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.650.35
Way Up
Very volatile
Total Current Liabilities12.6 M13.8 M
Significantly Down
Slightly volatile
Total Assets13.5 M24.9 M
Way Down
Slightly volatile
Total Current Assets23.7 M22.6 M
Sufficiently Up
Slightly volatile
Connexa Sports can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Connexa Sports' financial leverage. It provides some insight into what part of Connexa Sports' total assets is financed by creditors.
Liquidity
Connexa Sports Technologies currently holds 2.73 M in liabilities. Note, when we think about Connexa Sports' use of debt, we should always consider it together with its cash and equity.

Begin Period Cash Flow

263,943
Connexa Sports Technologies (YYAI) is traded on NASDAQ Exchange in USA. It is located in 2709 North Rolling Road, Windsor Mill, MD, United States, 21244 and employs 8 people. Connexa Sports Technologies was previously known as CNXA Old and was traded on NASDAQ Exchange under the symbol CNXA. Connexa Sports is listed under Apparel, Accessories & Luxury Goods category by Fama And French industry classification. The company currently falls under 'Nano-Cap' category with a current market capitalization of 5.78 M. Connexa Sports Techn conducts business under Textiles, Apparel & Luxury Goods sector and is part of Consumer Discretionary industry. The entity has 14.56 M outstanding shares of which 553.12 K shares are at this time shorted by private and institutional investors with about 1.51 trading days to cover. Connexa Sports generates negative cash flow from operations
Check Connexa Sports Probability Of Bankruptcy
Ownership Allocation
Connexa Sports Technologies retains significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares.
Check Connexa Ownership Details

Connexa Stock Institutional Holders

InstituionRecorded OnShares
Vanguard Group Inc2024-12-31
63.5 K
Geode Capital Management, Llc2024-12-31
21.3 K
Ubs Group Ag2024-12-31
17.2 K
Two Sigma Securities, Llc2024-12-31
11.5 K
Tower Research Capital Llc2024-12-31
2.1 K
Bank Of America Corp2024-12-31
42.0
Mccormack Advisors International2024-12-31
2.0
Morgan Stanley - Brokerage Accounts2024-12-31
0.0
Jane Street Group Llc2024-09-30
0.0
Jpmorgan Chase & Co2024-09-30
0.0
Jfs Wealth Advisors, Llc2024-12-31
0.0
View Connexa Sports Diagnostics

Connexa Sports Historical Income Statement

As of now, Connexa Sports' Total Operating Expenses is increasing as compared to previous years. The Connexa Sports' current Interest Expense is estimated to increase to about 5.3 M, while Depreciation And Amortization is projected to decrease to under 125.7 K. View More Fundamentals

Connexa Stock Against Markets

Already Invested in Connexa Sports Technologies?

The danger of trading Connexa Sports Technologies is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Connexa Sports is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Connexa Sports. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Connexa Sports Techn is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Connexa Sports Techn offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Connexa Sports' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Connexa Sports Technologies Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Connexa Sports Technologies Stock:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Connexa Sports Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Apparel, Accessories & Luxury Goods space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Connexa Sports. If investors know Connexa will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Connexa Sports listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(676.61)
Revenue Per Share
5.82
Quarterly Revenue Growth
(0.77)
Return On Assets
(0.33)
The market value of Connexa Sports Techn is measured differently than its book value, which is the value of Connexa that is recorded on the company's balance sheet. Investors also form their own opinion of Connexa Sports' value that differs from its market value or its book value, called intrinsic value, which is Connexa Sports' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Connexa Sports' market value can be influenced by many factors that don't directly affect Connexa Sports' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Connexa Sports' value and its price as these two are different measures arrived at by different means. Investors typically determine if Connexa Sports is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Connexa Sports' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.