That’s because these “penny stocks” are frequently the playground for scam artists and market manipulators. If we ever do publish commentary on a low-volume stock that may be affected by our commentary, we demand that InvestorPlace.com’s writers disclose this fact and warn readers hycm review of the risks. Nxt-ID is a health care equipment & supplies business based in the US. Nxt-ID shares (NXTD.US) are listed on the NASDAQ and all prices are listed in US dollars. Nxt-ID employs 19 staff and has a market cap (total outstanding shares value) of $21.5 million.
- The monthly returns are then compounded to arrive at the annual return.
- The Company anticipates that the common stock will begin trading on a split-adjusted basis at the open of trading on Monday, October 18, 2021 under the new CUSIP number 67091J404.
- Nxt-ID, Inc. provides a comprehensive platform of technology products and services that enable the Internet of Things (IoT).
- If we ever do publish commentary on a low-volume stock that may be affected by our commentary, we demand that InvestorPlace.com’s writers disclose this fact and warn readers of the risks.
Of course, traders will want to approach NXTD stock with caution today. While these short squeezes can be a quick way to pocket some profits, they don’t last long. Investors can expect to see the shares fall after it’s done and someone has to be left holding the bag. The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style. To date, LogicMark has supplied more than half a million PERS devices to seniors, veterans and loved ones–providing them with the confidence to live confidently and independently at home for as long as possible.
NXT-ID Inc. (NXTD): Price and Financial Metrics
As of this writing, over 16 million shares of the stock have changed hands. That’s already well above the company’s daily average trading volume of 2.3 million shares. You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
- “Alternative assets,” as the term is used at Public, are equity securities that have been issued pursuant to Regulation A of the Securities Act of 1933 (as amended) (“Regulation A”).
- The number of shares owned by shareholders was adjusted after the market closes on Monday, October 18th 2021.
- The company, which develops personal emergency response systems (PERS), health communications devices and IoT technology, relocated its headquarters to Louisville late last year.
- For more information on risks and conflicts of interest, see these disclosures.
- The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.
The Company’s actual results could differ materially from those anticipated in these forward-looking statements as a result of various factors. The NXT-ID board of directors has approved a 1-for-10 reverse split for the Company’s common stock and a corresponding 1-for-10 reverse split for its Series C preferred stock. The reverse stock splits will take effect after the close of trading today, which will help ensure that the Company’s common stock will continue to be listed on the Nasdaq Capital Market. The Company anticipates that the common stock will begin trading on a split-adjusted basis at the open of trading on Monday, October 18, 2021 under the new CUSIP number 67091J404. The company, which develops personal emergency response systems (PERS), health communications devices and IoT technology, relocated its headquarters to Louisville late last year. The new hires include Mark Archer, chief financial officer, and Rafael Saavedra as vice president of engineering.
Consumer Technology Overview
In the same quarter last year, Nxt-ID’s earnings per share (EPS) was $0. Nxt-ID is expected to release next earnings on -, with an earnings per share (EPS) estimate of $0. With that in mind, here’s what potential NXTD investors pepperstone review need to know about the company. The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank. The scores are based on the trading styles of Value, Growth, and Momentum.
Nasdaq
These returns cover a period from January 1, 1988 through September 4, 2023. Zacks Rank stock-rating system returns are computed monthly based on the beginning of the month and end of the month Zacks Rank stock prices plus any dividends received during that particular month. A simple, equally-weighted average return of all Zacks Rank stocks is calculated to determine the monthly return. The monthly returns are then compounded to arrive at the annual return.
Quotes & News
NXT-ID, Inc. is a development stage technology company that is focused on products, solutions, and services that have a need for biometric secure access control. Instead, it looks like we have retail investors to thank for the boost to NXTD stock. Chatter on social media points to a short squeeze of the shares as traders take advantage of a low float and cheap entry price. Finder monitors and updates our site to ensure that what we’re sharing is clear, honest and current. Our information is based on independent research and may differ from what you see from a financial institution or service provider. When comparing offers or services, verify relevant information with the institution or provider’s site.
Even when a business is losing money, it’s possible for shareholders to make money if they buy a good business at the… When you see Nxt-ID stock appear in the results, tap it to open up the purchase screen. There are multiple ways to fund your Public account—from linking a bank account to making a deposit with a debit card or wire transfer. On the date of publication, William White what is software development did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines. The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries.
If a brand is a referral partner, we’re paid when you click or tap through to, open an account with or provide your contact information to the provider. Partnerships are not a recommendation for you to invest with any one company. The Barchart Technical Opinion widget shows you today’s overally Barchart Opinion with general information on how to interpret the short and longer term signals. Unique to Barchart.com, Opinions analyzes a stock or commodity using 13 popular analytics in short-, medium- and long-term periods. Results are interpreted as buy, sell or hold signals, each with numeric ratings and summarized with an overall percentage buy or sell rating.
Nxt-ID, Inc. provides technology products and services for healthcare applications that enable the Internet of Things (IoT). It operates business in one segment-hardware and software security systems and applications. The firm develops and markets solutions for payment and IoT applications. The company was founded by Gino Miguel Pereira and David Charles Tunnell on February 8, 2012 and is headquartered Oxford, CT. LogicMark, Inc. provides technology products and services for healthcare applications that enable the Internet of Things (IoT). The company was founded by Gino Miguel Pereira and David Charles Tunnell on February 8, 2012 and is headquartered Louisville, KY.
An investor that had 100 shares of stock prior to the reverse split would have 10 shares after the split. Information on this page is for educational purposes only and not a recommendation to invest with any one company, trade specific stocks or fund specific investments. Founded in 1993, The Motley Fool is a financial services company dedicated to making the world smarter, happier, and richer. The Motley Fool reaches millions of people every month through our premium investing solutions, free guidance and market analysis on Fool.com, top-rated podcasts, and non-profit The Motley Fool Foundation. The Nxt-ID, Inc. stock price is closed at $ 2.42 with a total market cap valuation of $ 57.75M (44M shares outstanding). Trading volume for NXTD stock today backs this up with more activity than normal.
Live Nxt-ID Stock Price, Historical NXTD Stock Price Chart
There’s also a VGM Score (‘V’ for Value, ‘G’ for Growth and ‘M’ for Momentum), which combines the weighted average of the individual style scores into one score. The name change emphasizes the company’s commitment to modernizing remote monitoring to help people stay safe and live independently longer. The PERS market is expected to grow 7.5% by 2025 according to a recent study. One in five Americans is expected to be over the age of 65 by 2030, according to the United States Census bureau. Sign-up to receive the latest news and ratings for Nxt-ID and its competitors with MarketBeat’s FREE daily newsletter.
Click the link to learn what streetwise investors need to know about the metaverse and public markets before making an investment. “By continuing to remain listed on Nasdaq, we will have the opportunity to place our Company on a solid path and will be able to get back to innovating and building products. We will continue to keep shareholders informed as we move forward.” Finder.com is an independent comparison platform and
information service that aims to provide you with information to help you make better decisions. We may receive payment from our affiliates for featured placement of their products or services. We may also receive payment if you click on certain links posted on our site.
Finder.com compares a wide range of products, providers and services but we don’t provide information on all available products, providers or services. Please appreciate that there may be other options available to you than the products, providers or services covered by our service. LOUISVILLE, Ky., March 1, 2022 /PRNewswire/ — NXT-ID, Inc. announced today a name change to LogicMark, Inc.
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