NXTT Stock Summary and Trading Ideas (Next Technology Holding - | NASDAQ:NXTT)

Next Technology Holding Inc pursues two corporate strategies. One business strategy is to continue providing software development services, and the other strategy is to acquire and hold Bitcoin. It provides AI-enabled software development services to its customers, which include developing, designing, and implementing various SAAS software solutions for businesses of all types, including industrial and other businesses. Its bitcoin acquisition strategy generally involves acquiring bitcoin with its liquid assets that exceed working capital requirements, and from time to time, subject to market conditions, issuing debt or equity securities or engaging in other capital raising transactions to use the proceeds to purchase bitcoin.

Next Technology Holding - trades on the NASDAQ stock market under the symbol NXTT.

As of May 7, 2024, NXTT stock price declined to $4.19 with 6,649 million shares trading.

NXTT has a market cap of $27.51 million. This is considered a Sub-Micro Cap stock.

NXTT support price is $3.84 and resistance is $4.71 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that NXTT stock will trade within this expected range on the day.