Geode Capital Management LLC Boosts Holdings in NextPlat Corp (NASDAQ:NXPL)

Geode Capital Management LLC raised its position in NextPlat Corp (NASDAQ:NXPL) by 54.6% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 165,459 shares of the company’s stock after acquiring an additional 58,402 shares during the period. Geode Capital Management LLC owned approximately 0.64% of NextPlat worth $179,000 at the end of the most recent reporting period.

NextPlat Trading Down 1.3 %

Shares of NextPlat stock opened at $0.54 on Friday. The company has a quick ratio of 3.04, a current ratio of 3.70 and a debt-to-equity ratio of 0.04. The firm has a market cap of $13.99 million, a price-to-earnings ratio of -0.79 and a beta of 0.95. NextPlat Corp has a 52-week low of $0.43 and a 52-week high of $2.30. The company’s 50-day simple moving average is $0.77 and its 200-day simple moving average is $0.97.

NextPlat (NASDAQ:NXPL) last issued its earnings results on Monday, March 24th. The company reported ($0.10) earnings per share (EPS) for the quarter. NextPlat had a positive return on equity of 14.24% and a negative net margin of 19.11%. The business had revenue of $15.63 million for the quarter.

NextPlat Profile

NextPlat Corp operates as a healthcare and e-commerce company in Europe, North America, South America, the Asia and Pacific, and Africa. The company operates full-service retail specialty services pharmacies that provides prescription pharmaceuticals prescription pharmaceuticals, third-party administration, risk and data management services, compounded medications, tele-pharmacy services, anti-retroviral medications, medication therapy management, contracted pharmacy services, and health practice risk management to healthcare organizations and providers, as well as supplies prescription medications to long-term care facilities.