Nixxy (NASDAQ:NIXX) Upgraded at Wall Street Zen

Nixxy (NASDAQ:NIXX) was upgraded by stock analysts at Wall Street Zen from a “sell” rating to a “hold” rating in a research note issued on Saturday.

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Nixxy in a research note on Monday, December 22nd. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company presently has an average rating of “Sell”.

Nixxy Trading Down 1.5%

NASDAQ:NIXX opened at $0.52 on Friday. Nixxy has a 12-month low of $0.47 and a 12-month high of $2.75. The firm has a market cap of $13.01 million, a PE ratio of -1.03 and a beta of 1.19. The stock has a fifty day moving average price of $0.85 and a 200 day moving average price of $1.28.

Institutional Trading of Nixxy

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Jane Street Group LLC acquired a new position in shares of Nixxy during the 4th quarter worth about $121,000. XTX Topco Ltd acquired a new stake in shares of Nixxy during the 2nd quarter worth about $73,000. Finally, Geode Capital Management LLC raised its position in shares of Nixxy by 15.5% during the 4th quarter. Geode Capital Management LLC now owns 228,701 shares of the company’s stock worth $220,000 after acquiring an additional 30,696 shares in the last quarter. 13.14% of the stock is currently owned by institutional investors and hedge funds.

About Nixxy

Nixxy Inc operates an on-demand recruiting platform which aims to deliver the right talent to both small and large businesses. It provides employers access to independent recruiters and utilizes an innovative web platform, with integrated AI-driven candidate to job matching and video screening software to source qualified talent. Nixxy Inc, formerly known as Recruiter.com Group Inc, is based in Bristol, CT.