Nexera Technologies (NASDAQ:NEXR) Upgraded to “Hold” at Wall Street Zen

Wall Street Zen upgraded shares of Nexera Technologies (NASDAQ:NEXR) from a strong sell rating to a hold rating in a research report sent to investors on Saturday morning,Wall Street Zen reports.

Several other research analysts also recently commented on the company. Weiss Ratings raised Nexera Technologies from a “sell (e)” rating to a “sell (e+)” rating in a research report on Thursday, October 29th. UBS Group reissued a “sell” rating on shares of Nexera Technologies in a research report on Tuesday, October 27th. Two analysts have rated the stock with a Sell rating. According to data from MarketBeat.com, the stock has a consensus rating of “Sell”.

Nexera Technologies Stock Up 10.0%

NEXR stock opened at $2.10 on Friday. The company has a debt-to-equity ratio of 0.14, a quick ratio of 2.20 and a current ratio of 3.23. Nexera Technologies has a 52-week low of $1.70 and a 52-week high of $4,558.40. The company has a 50-day moving average of $1.16 and a two-hundred day moving average of $20.43.

Nexera Technologies (NASDAQ:NEXR) last posted its quarterly earnings data on Monday, August 31st. The company reported ($25.90) earnings per share for the quarter. The company had revenue of $5.21 million during the quarter.

Nexera Technologies Company Profile

Jeffs’ Brands Ltd, together with its subsidiaries, operates as an e-commerce company. It engages in the sale of various consumer products on Amazon online marketplace. The company offers knife-sharpening sets, sharpeners, and nonslip rubber bases under the KnifePlanet brand; steel and soft-tip dart sets under the CC-Exquisite brand; car door and sets protectors for pets under the PetEvo brand; and bag sets and party supply kits for children under the Whoobli brand. It also provides reusable, self-cleansing pet hair removers for cats and dogs under the Wellted brand; and pest control products under the Fort brand.