Connexa Sports Technologies (NASDAQ:YYAI) Releases Earnings Results

Connexa Sports Technologies (NASDAQ:YYAI) released its quarterly earnings data on Monday. The company reported $0.02 earnings per share for the quarter, Zacks reports. Connexa Sports Technologies had a negative net margin of 546.78% and a negative return on equity of 284.53%.

Connexa Sports Technologies Stock Performance

Shares of YYAI stock opened at $0.74 on Tuesday. The company has a market capitalization of $10.79 million, a P/E ratio of 0.00 and a beta of -2.16. Connexa Sports Technologies has a 52 week low of $0.35 and a 52 week high of $53.00. The company’s 50 day moving average price is $0.66 and its two-hundred day moving average price is $2.88.

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.