AiRWA (NASDAQ:YYAI) Rating Lowered to “Hold” at Wall Street Zen

by · The Cerbat Gem

AiRWA (NASDAQ:YYAI – Get Free Report) was downgraded by Wall Street Zen from a “buy” rating to a “hold” rating in a research report issued on Sunday.

AiRWA Trading Down 1.5%

Shares of AiRWA stock opened at $1.28 on Friday. The company has a market capitalization of $371,200.00, a P/E ratio of -0.16 and a beta of -2.12. The stock has a fifty day simple moving average of $55.43 and a 200 day simple moving average of $79.74. AiRWA has a 12-month low of $1.26 and a 12-month high of $274.50.

AiRWA (NASDAQ:YYAI – Get Free Report) last announced its earnings results on Wednesday, December 22nd. The company reported ($1.50) EPS for the quarter. AiRWA had a net margin of 23.04% and a return on equity of 15.61%. The firm had revenue of $5.40 million during the quarter.

Insider Buying and Selling

In other AiRWA news, major shareholder Michael Anthony Belfiore acquired 63,858 shares of the business’s stock in a transaction on Wednesday, October 8th. The shares were acquired at an average price of $16.00 per share, with a total value of $1,021,728.00. Following the completion of the transaction, the insider owned 63,858 shares in the company, valued at approximately $1,021,728. This trade represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through this link. Company insiders own 55.80% of the company’s stock.

Institutional Investors Weigh In On AiRWA

A number of hedge funds have recently made changes to their positions in the business. XTX Topco Ltd bought a new position in AiRWA during the first quarter valued at about $38,000. Private Advisor Group LLC purchased a new position in AiRWA in the first quarter valued at about $32,000. Finally, Geode Capital Management LLC grew its position in shares of AiRWA by 7.2% during the 2nd quarter. Geode Capital Management LLC now owns 90,581 shares of the company’s stock valued at $81,000 after acquiring an additional 6,116 shares during the period. 4.03% of the stock is currently owned by institutional investors.

About AiRWA

(Get Free Report)

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.

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