Connexa Sports Technologies (NASDAQ:YYAI) Releases Quarterly Earnings Results

Connexa Sports Technologies (NASDAQ:YYAI) posted its earnings results on Friday. The company reported ($0.24) EPS for the quarter, Zacks reports. Connexa Sports Technologies had a negative net margin of 565.12% and a negative return on equity of 1,557.21%.

Connexa Sports Technologies Price Performance

NASDAQ:YYAI remained flat at $1.08 during mid-day trading on Friday. 195,483 shares of the company traded hands, compared to its average volume of 253,687. The stock’s 50 day moving average is $4.28 and its 200 day moving average is $8.60. The stock has a market capitalization of $6.96 million, a PE ratio of 0.00 and a beta of -1.84. Connexa Sports Technologies has a 12-month low of $0.95 and a 12-month high of $53.00.

Connexa Sports Technologies Company Profile

Connexa Sports Technologies Inc engages in the sports equipment and technology business in the United States. The company offers Slinger Launcher, a portable padel tennis ball launcher and pickleball launcher; and Slinger Bag Launcher, a ball launcher built into transport wheeled trolley bag. It also provides Gameface, AI technology and performance analytics for sports.