Fundamental Research Analysts Give Pixie Dust Technologies (NASDAQ:PXDT) a $5.21 Price Target

Fundamental Research set a $5.21 price objective on Pixie Dust Technologies (NASDAQ:PXDT) in a report released on Tuesday morning, BayStreet.CA reports. The firm currently has a buy rating on the stock.

Pixie Dust Technologies Price Performance

NASDAQ:PXDT opened at $2.51 on Tuesday. The company has a current ratio of 2.18, a quick ratio of 2.04 and a debt-to-equity ratio of 0.01. Pixie Dust Technologies has a 12 month low of $2.30 and a 12 month high of $10.51. The business’s 50-day moving average is $2.73 and its 200 day moving average is $5.82.

Institutional Investors Weigh In On Pixie Dust Technologies

An institutional investor recently bought a new position in Pixie Dust Technologies stock. Sumitomo Mitsui Financial Group Inc. bought a new position in Pixie Dust Technologies, Inc. (NASDAQ:PXDT) during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 56,400 shares of the company’s stock, valued at approximately $494,000. Sumitomo Mitsui Financial Group Inc. owned approximately 0.38% of Pixie Dust Technologies at the end of the most recent quarter. 0.39% of the stock is currently owned by hedge funds and other institutional investors.

Pixie Dust Technologies Company Profile

Pixie Dust Technologies, Inc, a technology company, focuses on personal care and diversity, and workspace and digital transformation businesses primarily in Japan. It offers SonoRepro, an ultrasonic non-contact vibrotactile stimulation scalp care device; VUEVO, a series of directional voice arrival detection devices for individuals with deaf and hard-of-hearing; and kikippa, an acoustic stimulation device functioning as a desk-top speaker.