Connexa Sports Technologies (NASDAQ:YYAI) Issues Earnings Results

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

Connexa Sports Technologies Stock Performance

YYAI stock remained flat at $1.08 during trading hours on Friday. The company had a trading volume of 196,057 shares, compared to its average volume of 253,689. The firm has a 50 day moving average of $4.28 and a 200-day moving average of $8.60. Connexa Sports Technologies has a fifty-two week low of $0.95 and a fifty-two week high of $53.00. The firm has a market capitalization of $6.96 million, a P/E ratio of 0.00 and a beta of -1.84.

About Connexa Sports Technologies

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.