Connexa Sports Technologies (NASDAQ:YYAI) Releases Earnings Results

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

Connexa Sports Technologies Stock Performance

Shares of NASDAQ:YYAI opened at $1.08 on Friday. The firm has a market cap of $6.95 million, a price-to-earnings ratio of 0.00 and a beta of -1.84. The business has a 50-day simple moving average of $4.15 and a two-hundred day simple moving average of $8.51. Connexa Sports Technologies has a fifty-two week low of $0.95 and a fifty-two week 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.