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

Nextech3D.AI (OTCMKTS:NEXCF) had its price objective trimmed by HC Wainwright from $0.50 to $0.25 in a report published on Wednesday, Benzinga reports. The firm 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 Stock Performance

NEXCF stock opened at $0.06 on Wednesday. The company’s 50-day simple moving average is $0.08 and its 200 day simple moving average is $0.09. Nextech3D.AI has a 52 week low of $0.05 and a 52 week high of $0.23.

Nextech3D.AI (OTCMKTS:NEXCF) last announced its quarterly earnings data on Thursday, August 29th. The company reported ($0.01) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.02) by $0.01. The firm had revenue of $0.81 million for 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, 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.