Nexera Technologies (NASDAQ:NEXR) Stock Gets Downgrade from Wall Street Zen

Nexera Technologies (NASDAQ:NEXR) was downgraded by research analysts at Wall Street Zen from a “sell” rating to a “strong sell” rating in a note issued to investors on Saturday, Wall Street Zen reports.

Separately, Weiss Ratings raised Nexera Technologies from a “sell (e)” rating to a “sell (e+)” rating in a report on Tuesday, September 22nd. One investment analyst has rated the stock with a Sell rating. According to data from MarketBeat, Nexera Technologies currently has an average rating of “Sell”.

Nexera Technologies Stock Performance

Shares of NEXR stock opened at $1.01 on Friday. The company has a debt-to-equity ratio of 0.14, a quick ratio of 2.20 and a current ratio of 3.23. The business has a fifty day moving average of $1.94 and a 200 day moving average of $9.80. Nexera Technologies has a 1 year low of $0.91 and a 1 year high of $718.29.

Nexera Technologies (NASDAQ:NEXR) last issued its quarterly earnings results on Monday, August 31st. The company reported ($25.90) EPS for the quarter. The business had revenue of $5.21 million during the quarter.

Nexera Technologies Company Profile

Jeffs’ Brands Ltd, together with its subsidiaries, operates as an e-commerce company. It engages in the sale of various consumer products on Amazon online marketplace. The company offers knife-sharpening sets, sharpeners, and nonslip rubber bases under the KnifePlanet brand; steel and soft-tip dart sets under the CC-Exquisite brand; car door and sets protectors for pets under the PetEvo brand; and bag sets and party supply kits for children under the Whoobli brand. It also provides reusable, self-cleansing pet hair removers for cats and dogs under the Wellted brand; and pest control products under the Fort brand.