Shares of NXT-ID Inc (NASDAQ:NXTD) dropped 6.3% during trading on Friday . The stock traded as low as $0.31 and last traded at $0.37, approximately 508,439 shares changed hands during mid-day trading. An increase of 82% from the average daily volume of 278,863 shares. The stock had previously closed at $0.40.
The company has a debt-to-equity ratio of 0.90, a current ratio of 0.72 and a quick ratio of 0.54. The company has a 50 day moving average of $0.58 and a 200 day moving average of $0.83.
NXT-ID (NASDAQ:NXTD) last posted its quarterly earnings data on Thursday, May 16th. The technology company reported ($0.01) EPS for the quarter. The business had revenue of $4.18 million during the quarter. NXT-ID had a negative return on equity of 5.84% and a negative net margin of 39.99%.
About NXT-ID (NASDAQ:NXTD)
Nxt-ID, Inc, a security technology company, engages in the development of products and solutions for security, healthcare, financial technology, and Internet of Things (IoT) markets. It offers non-monitored and monitored personal emergency response systems (PERS), including landline and cell-based options; the Fit Pay Trusted Payment Manager Platform (TPMP) that provides IoT and wearable devices with contactless payment capabilities and full digital wallet functionality; World Ventures Flye SmartCard, a smartcard customized for WorldVentures, the travel company; and Fit Pay General Purpose Reloadable Mastercard, which offers prepaid capabilities on wearable devices connected to the TPMP.
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