AiRWA (NASDAQ:YYAI) Announces Earnings Results

AiRWA (NASDAQ:YYAI) announced its quarterly earnings results on Monday. The company reported ($736.73) earnings per share for the quarter, FiscalAI reports. The business had revenue of $12.83 million for the quarter. AiRWA had a negative return on equity of 0.40% and a negative net margin of 6.12%.

AiRWA Stock Performance

Shares of NASDAQ YYAI traded up $0.02 during midday trading on Monday, reaching $0.74. The company’s stock had a trading volume of 2,328,979 shares, compared to its average volume of 583,640. The company has a market cap of $39,294.20, a P/E ratio of 0.00 and a beta of -1.68. The business’s 50 day moving average price is $38.64 and its two-hundred day moving average price is $316.91. AiRWA has a fifty-two week low of $0.66 and a fifty-two week high of $118,000.00.

Analyst Ratings Changes

Several brokerages have recently commented on YYAI. Weiss Ratings reiterated a “sell (d)” rating on shares of AiRWA in a research note on Monday, September 14th. Wall Street Zen upgraded shares of AiRWA to a “sell” rating in a research note on Saturday, August 29th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, the stock has a consensus rating of “Sell”.

Insider Transactions at AiRWA

In other AiRWA news, major shareholder Financial Lp Hrt sold 44,298 shares of the firm’s stock in a transaction on Tuesday, August 11th. The stock was sold at an average price of $1.60, for a total transaction of $70,876.80. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders sold a total of 86,117 shares of company stock worth $112,916 over the last 90 days. Corporate insiders own 13.80% of the company’s stock.

About AiRWA

AiRWA Inc (NASDAQ: YYAI) is a technology company focused on the intersection of artificial intelligence and real-world assets. The company’s stated business direction involves developing digital platforms and applications intended to connect AI capabilities with real-world assets and related opportunities.

AiRWA was formerly known as Connexa Sports Technologies Inc, a sports-technology company associated with products and services designed to support tennis players, including the Slinger brand of tennis ball launchers and related training technology.