Connexa Sports Technologies (NASDAQ:YYAI) Issues Quarterly Earnings Results

Connexa Sports Technologies (NASDAQ:YYAI) announced its 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

YYAI stock opened at $1.08 on Friday. Connexa Sports Technologies has a 1-year low of $0.95 and a 1-year high of $53.00. The stock has a market cap of $6.95 million, a price-to-earnings ratio of 0.00 and a beta of -1.84. The company’s 50 day moving average is $4.15 and its 200 day moving average is $8.51.

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.