How have the shares performed?
ShiftPixy Inc. (PIXY) saw downtrend of -7.55% in the recent trading with $2.57 being its most recent. The current price level -58.68% lower than the highest price of $6.22 marked by the stock while trading over the past 52-weeks, whereas it is 27.23% higher than the lowest price of $2.02 the company dropped to over past 52-weeks. The latest news story on PIXY appeared in Business Wire under the title “ShiftPixy, Inc. Announces Pricing of $12 Million Private Placement Priced At-The-Market under Nasdaq Rules” on May-14-21.
Squeezing the time span to 30 day period shows us the stock is currently trading -33.25% below one month high and is +13.22% above of the lowest during that time. Looking into the simple moving average, ShiftPixy Inc. (PIXY)’s stock stands at a SMA-50 of $2.56 while that of 5-day is reading $2.78.
Daily rise and fall of price influence many of the traders, and in order to overcome the fluctuating effect of that and to watch the stock closely, traders focus more on stock’s 200-day moving average. At various points in trading activity, investors are more likely to be making use of that measure as a strong indicator in figuring out their support and resistance levels, and PIXY’s SMA-200 as of now is $2.86.
ShiftPixy Inc. Earnings – What Happened With PIXY
Coming around sales and income figures, publically trading companies under normal circumstances post earnings and revenues near to average estimates by the Wall Street analysts, but those could came either above or below estimates and known as surprise factor. ShiftPixy Inc. (PIXY) last released financial results for the quarter that ended 11/29/2019, posting a surprise factor of 24.10% for net revenue. During the reported three-month period, company’s sales were $2.42 billion.
PIXY – ShiftPixy Inc. Stock Earnings Estimates
The perspective of ShiftPixy Inc. (NASDAQ:PIXY)’s current quarter earnings identifies that analysts are in consensus over the estimate of -3.77 for stock’s EPS in the current quarter. Company’s EPS for the last quarter was -2.86.
Investors get the exact data about the key information of institutional ownership in a listed company through its 13F filings at the Stock Exchange Commission (SEC). The total number of common shares currently owned by the public is 32.75 million. PIXY does have institutional investors; and they hold 4.50% of the stock.
ShiftPixy Inc. – Insider Activity and Holdings
Moreover, the latest SEC filings also revealed that stock came across 0 new insider purchases involving 0 shares. On the other hand, PIXY declared 0 shares have been sold in 0 insider transactions over the past three months.
As on Mar 30, 2021, Vanguard Group, Inc. (The) was the top most holder in ShiftPixy Inc. (NASDAQ:PIXY) with an ownership of 0.22 million shares of the company or 1.05% of the stake worth $0.51 million. The filing also reveals Susquehanna International Group, LLP as the second largest holder in the company with a control over 0.77% of the outstanding shares. Its stake is worth $0.37 million for having 0.16 million shares in hand.
Renaissance Technologies, LLC also came holding a key position in the company during the recent quarter and it now holds 0.71% of the outstanding shares. With this there are now 20 institutions which have possession in PIXY’s shares.
Technical Analysis of ShiftPixy Inc. (NASDAQ:PIXY) stock
To comprehend better with the trade moves and investors’ behavior, exploring the short, medium and long term technical indicators along with average volume of a stock is an effective way to make use of. When looking into those indicators for ShiftPixy Inc. (PIXY), we notice that the stock’s 20-day average volume is at 1,059,080 shares and 50% of short term indicators are suggesting the stock as Sell. Medium term indicators at an average of 50% are spotting the stock at Sell with its 50-day average volume of 4,096,512 shares. And to end, PIXY’s 100-day average volume is 2,495,048 shares with 100% of the long-term indicators pointing towards Sell for the stock.