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

Connexa Sports Technologies (NASDAQ:YYAI) released 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 return on equity of 1,557.21% and a negative net margin of 565.12%.

Connexa Sports Technologies Price Performance

YYAI stock remained flat at $1.08 during trading on Friday. 196,057 shares of the company traded hands, compared to its average volume of 253,689. The firm has a fifty day moving average price of $4.28 and a 200 day moving average price of $8.60. The company has a market capitalization of $6.96 million, a price-to-earnings ratio of 0.00 and a beta of -1.84. Connexa Sports Technologies has a 1-year low of $0.95 and a 1-year high of $53.00.

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.