Nyxoah SA (NASDAQ:NYXH) shares, rose in value on Thursday, April 16, with the stock price up by 0.25% to the previous day’s close as strong demand from buyers drove the stock to $6.03.
Actively observing the price movement in the last trading, the stock closed the session at $6.02, falling within a range of $5.9005 and $6.09. The value of beta (5-year monthly) was 0.651. Referring to stock’s 52-week performance, its high was $12.21, and the low was $5.55. On the whole, NYXH has fluctuated by -45.38% over the past month.
With the market capitalization of Nyxoah SA currently standing at about $207.54 million, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Mar-12.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 19.09M, with a low estimate of 1.26M and a high estimate of 2.21M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 1.64M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that NYXH’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of 50% Buy while long-term indicators on average have been pointing out that it is a 50% Sell.
The stock’s technical analysis shows that the price of NYXH currently trading nearly -17.42% and -33.82% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 30.06, while the 7-day volatility ratio is showing 5.73% which for the 30-day chart, stands at 9.34%. Furthermore, Nyxoah SA (NYXH)’s beta value is 1.62, and its average true range (ATR) is 0.62.
A comparison of Nyxoah SA (NYXH) with its peers suggests the former has fared considerably weaker in the market. NYXH showed an intraday change of 0.25% in last session, and over the past year, it shrunk by -32.19%%.
Data on historical trading for Nyxoah SA (NASDAQ:NYXH) indicates that the trading volumes over the past 10 days have averaged 0.43 and over the past 3 months, they’ve averaged 117.48K. According to company’s latest data on outstanding shares, there are 37.43 million shares outstanding.
Nearly 54.87% of Nyxoah SA’s shares belong to company insiders and institutional investors own 25.15% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 0.17 million shares as on 2025-03-31, resulting in a short ratio of 2.17. According to the data, the short interest in Nyxoah SA (NYXH) stood at 64.00 of shares outstanding as of 2025-03-31; the number of short shares registered in 2025-02-28 reached 0.1 million. The stock has fallen by -24.56% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the NYXH stock heading into the next quarter.
