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How to Buy Connexa Sports Technologies Stock

Connexa Sports Technologies Inc

Connexa Sports Technologies Inc. operates as a sports company. It delivers products, technologies, and services across the watch, play, learn commercial and subscription-as-a-service activities in sports.

Connexa Sports Technologies stock last closed at $0.75, down 3.23% from the previous day, and has decreased 87.42% in one year. It has underperformed other stocks in the Leisure industry by 0.71 percentage points. Connexa Sports Technologies stock is currently +420.83% from its 52-week low of $0.14, and -93.49% from its 52-week high of $11.52.

At the moment, there are 22.17M YYAI shares outstanding. The market cap of YYAI is $16.63M. In the past 24 hours, 945,660 YYAI shares were traded.

How to Buy Connexa Sports Technologies Stock

Not sure how to invest in Connexa Sports Technologies stock? Here's how.
  1. Decide where to buy Connexa Sports Technologies stock: You need to choose a stock brokerage, but don't worry - we've sifted through dozens of online brokerages and apps to help you figure out where to buy Connexa Sports Technologies stock.
  2. Create a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
  3. Put funds into your brokerage account: Select your payment method and add your info.
  4. Research Connexa Sports Technologies stock: The Connexa Sports Technologies ticker symbol is YYAI. Is Connexa Sports Technologies stock a good investment? Should you buy shares of YYAI? How do YYAI's underlying business fundamentals look? Do top analysts think Connexa Sports Technologies is a good buy? Why has YYAI's stock price moved recently? (Hint: Our stock market research website can help you evaluate if YYAI is a good stock to buy).
  5. Execute your YYAI trade: Decide if you will purchase YYAI shares at the current market price or use a limit order to buy YYAI stock at a particular price.
  6. Get notifications regarding your investment in YYAI: Create a watchlist to important updates regarding your position in Connexa Sports Technologies stock.

Step 1: Decide where to buy Connexa Sports Technologies stock

You will need an online brokerage account to access the NASDAQ market and buy YYAI shares.

A brokerage account is an investment account that allows you to buy and sell a number of investments, including stocks, bonds, mutual funds, and ETFs.

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Step 2: Create a brokerage account

Now that you've chosen your brokerage, the next step is to fill out some personal info so you are able to buy YYAI today.

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Step 3: Put funds into your brokerage account

Now that you have filled out your info on our top ranked stock app, you need to deposit funds:

Watch the tutorial below if you need help depositing money into your brokerage account.

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Step 4: Research Connexa Sports Technologies stock

Once you have decided on the best place to buy Connexa Sports Technologies stock, it's important to analyze their stock prior to buying, so you can wrap your head around the risk and opportunity.

Connexa Sports Technologies Numbers

YYAI Price
$0.75
1w %
2.46%
1y %
-87.42%
5y %
N/A
P/E
-0.02x
P/B
4.11x
P/S
0.07x
PEG
N/A
Revenue
$9.78M
Earnings
-$9.84M
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$16.63M
Next Earnings
N/A
Next Dividend
N/A

Fundamentals of YYAI

WallStreetZen was built to help everyday investors do better fundamental analysis in less time.

You can view all of the due diligence checks on YYAI's stock page.

How is YYAI stock valued?

Investors use many financial metrics, analyses, models, and charts to gauge YYAI's true value.

Using relative valuations measures:

  • YYAI could be undervalued based on its P/B ratio of 4.11x, relative to Leisure industry P/B ratio of 5.09x

You can access more valuation research on YYAI's stock here.

YYAI Financial Health Summary

Positive Financial Indicators:

  • YYAI has $17.19M in cash and short term investments. This is sufficient to cover its annual cash burn of $2.27M.
  • YYAI has cash burn of 2268025. It has sufficient cash and short-term investments to cover this for at least one year.
  • There are more short-term assets than long-term liabilities on the YYAI balance sheet.
  • There are more short-term assets than short-term liabilities on the YYAI balance sheet.

Negative Financial Indicators:

  • YYAI profit margin has gone up by 5.13 percentage points in the past year, but the company is still unprofitable.
  • YYAI has a relatively high debt to equity ratio of 4.38.
  • Total YYAI debt is higher than 5 years ago, relative to shareholder equity.

YYAI Technical Indicators

SMA10
1.04
SMA20
0.99
SMA50
0.55
SMA100
0.39
SMA200
1.69
MACD
0.09
MACD Signal
0.18
MACD Histogram
-0.1
RSI
47.92
Stochastic %K
10.38
Stochastic %D
15.56
StochRSI %K
1.98
StochRSI %D
3.2

YYAI Earnings

Last year, YYAI revenue was $9.78M. Over the past three year, YYAI's revenue has grown by 60.62% per year. This was faster than the Leisure industry average of 19.22%.

Dive into YYAI's earnings and revenue performance here.

Who is buying/selling YYAI?

In the past 12 months, insiders at YYAI have not bought or sold any shares.

Get more info about who owns YYAI stock here.

Can I rely on YYAI as an income stream?

No, Connexa Sports Technologies doesn't provide an income stream by paying out dividends.

YYAI Social Trading Data

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Step 5: Execute your YYAI trade

There are two main options:

  • Market order: A market order is an order to buy or sell a security at the best possible price.
    Market orders are generally fine.
  • Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
    If you want to ensure you're buying or selling at a given dollar amount limit, place a limit order.

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Step 6: Get notifications regarding your investment in YYAI

Now that you own some YYAI shares, you'll want to keep up with your investment.

Make a watchlist to keep tabs on your YYAI stock.

YYAI Feed

How to Buy Stock in Connexa Sports Technologies

To reiterate, here are the 6 steps you need to take to buy Connexa Sports Technologies stock right now:

  1. Decide where to buy Connexa Sports Technologies stock
  2. Create a brokerage account
  3. Put funds into your brokerage account
  4. Research Connexa Sports Technologies stock
  5. Execute your YYAI trade
  6. Get notifications regarding your investment in YYAI

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If you want to get notifications regarding your new investment in Connexa Sports Technologies, add YYAI to your watchlist by clicking the button below.

NASDAQ: YYAI
$0.75-0.03 (-3.23%)
Updated Apr 30, 2024
Open eToro Account
NASDAQ: YYAI
$0.75-0.03 (-3.23%)
Updated Apr 30, 2024
Open eToro Account

FAQ

How much does it cost to buy one Connexa Sports Technologies share?

As of Apr 30, 2024, it costs $0.75 to buy one share of Connexa Sports Technologies stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $0.38, you can buy 0.5 shares of YYAI.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

What is the best way to buy Connexa Sports Technologies stock?

One way to place an order for Connexa Sports Technologies stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.