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

Nextech3D.AI (OTCMKTS:NEXCF) had its price objective trimmed by HC Wainwright from $0.50 to $0.25 in a research note issued to investors on Wednesday, Benzinga reports. The firm currently has a buy rating on the stock.

Nextech3D.AI Price Performance

Shares of OTCMKTS NEXCF opened at $0.06 on Wednesday. The firm has a fifty day simple moving average of $0.08 and a 200 day simple moving average of $0.09. Nextech3D.AI has a twelve month low of $0.05 and a twelve month high of $0.25.

Nextech3D.AI (OTCMKTS:NEXCF) last released its earnings results on Thursday, August 29th. The company reported ($0.01) EPS for the quarter, topping the consensus estimate of ($0.02) by $0.01. The business had revenue of $0.81 million during 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, research analysts anticipate that Nextech3D.AI will post -0.07 EPS for the current fiscal 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.