NextTrip (NASDAQ:NTRP) Stock: Insider Andrew Jay Kaplan Purchases 52,910 Shares

NextTrip, Inc. (NASDAQ:NTRP) Director Andrew Jay Kaplan acquired 52,910 shares of the business’s stock in a transaction that occurred on Thursday, September 17th. The shares were acquired at an average cost of $1.89 per share, for a total transaction of $99,999.90. Following the transaction, the director owned 104,492 shares of the company’s stock, valued at approximately $197,489.88. This represents a 102.57% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

NextTrip Stock Performance

NTRP stock opened at $1.87 on Friday. The firm has a 50 day moving average of $1.59 and a two-hundred day moving average of $2.19. NextTrip, Inc. has a 12 month low of $0.90 and a 12 month high of $5.20. The company has a market capitalization of $28.22 million, a price-to-earnings ratio of -1.33 and a beta of 1.03. The company has a quick ratio of 0.61, a current ratio of 0.61 and a debt-to-equity ratio of 0.02.

NextTrip (NASDAQ:NTRP) last released its quarterly earnings data on Wednesday, July 15th. The company reported ($0.22) earnings per share (EPS) for the quarter, meeting the consensus estimate of ($0.22). NextTrip had a negative net margin of 289.92% and a negative return on equity of 246.48%. As a group, equities analysts anticipate that NextTrip, Inc. will post -0.98 EPS for the current fiscal year.

Analyst Ratings Changes

Several equities research analysts recently weighed in on the company. Weiss Ratings restated a “sell (e+)” rating on shares of NextTrip in a report on Tuesday, September 1st. Ascendiant Capital Markets boosted their price objective on shares of NextTrip from $7.50 to $7.75 and gave the stock a “buy” rating in a research note on Monday, September 14th. One investment analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $7.75.

NextTrip Company Profile

NextTrip, Inc (NASDAQ:NTRP) is a travel technology and online travel company that provides booking services for leisure and business travelers. Through its digital platform, the company offers access to accommodations, air travel, vacation packages, cruises, car rentals and other travel-related products and services.

NextTrip also develops business-to-business travel solutions designed to help travel agencies, corporate partners and other organizations market and sell travel products. Its technology and booking capabilities are intended to support direct-to-consumer transactions as well as partner and private-label distribution channels.

The company serves customers seeking travel within the United States and to international destinations through its online offerings.