HC Wainwright Lowers Nextech3D.AI (OTCMKTS:NEXCF) Price Target to $0.25

Nextech3D.AI (OTCMKTS:NEXCF) had its price objective decreased by HC Wainwright from $0.50 to $0.25 in a research note published on Wednesday, Benzinga reports. HC Wainwright currently has a buy rating on the stock. HC Wainwright also issued estimates for Nextech3D.AI’s FY2024 earnings at ($0.05) EPS.

Nextech3D.AI Price Performance

OTCMKTS:NEXCF opened at $0.06 on Wednesday. The company has a 50 day simple moving average of $0.08 and a two-hundred day simple moving average of $0.09. Nextech3D.AI has a fifty-two week low of $0.05 and a fifty-two week high of $0.23.

Nextech3D.AI (OTCMKTS:NEXCF) last announced its quarterly earnings data on Thursday, August 29th. The company reported ($0.01) EPS for the quarter, topping the consensus estimate of ($0.02) by $0.01. The company had revenue of $0.81 million during the quarter, compared to the consensus estimate of $0.87 million. Nextech3D.AI had a negative net margin of 388.76% and a negative return on equity of 1,252.11%. As a group, equities research analysts anticipate that Nextech3D.AI will post -0.07 earnings per share for the current year.

Nextech3D.AI Company Profile

Nextech3D.AI Corporation provides augmented reality technologies, wayfinding technologies, and 3D model services. It focuses on creating 3D WebAR photorealistic models for the prime ecommerce marketplace, as well as other online retailers. The company was formerly known as NexTech AR Solutions Corp. and changed its name to Nextech3D.AI Corporation in September 2023.