Nextech3D.AI (OTCMKTS:NEXCF) Price Target Cut to $0.25

Nextech3D.AI (OTCMKTS:NEXCF) had its price target decreased by analysts at HC Wainwright from $0.50 to $0.25 in a research report issued on Wednesday, Benzinga reports. The firm presently has a “buy” rating on the stock. HC Wainwright’s price target indicates a potential upside of 315.97% from the company’s previous close.

Nextech3D.AI Trading Down 8.2 %

Shares of NEXCF stock opened at $0.06 on Wednesday. Nextech3D.AI has a 52-week low of $0.05 and a 52-week high of $0.25. The business’s fifty day moving average is $0.08 and its 200 day moving average is $0.09.

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

About Nextech3D.AI

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.