Stock FAQs

why did gaxy stock drop

by Mellie Howell IV Published 3 years ago Updated 2 years ago
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Galaxy stock fell by 7% Monday after management announced the selling of $500 million worth of notes, which can be exchanged for shares. These shares would go towards its new holding company, which will be set up in the United States. Its buyers would receive the notes at an interest rate of 3%

Full Answer

How much is one share of gaxy stock worth?

One share of GAXY stock can currently be purchased for approximately $0.01. How many employees does Galaxy Next Generation have? Galaxy Next Generation employs 20 workers across the globe. What is Galaxy Next Generation's official website?

Why did Galaxy Digital stock fall 7% on Monday?

Image source: Getty Images. Shares of Galaxy Digital Holdings (TSX:GLXY) fell 7% on Monday after Galaxy stock announced it agreed to issue and sell $500 million worth of notes at an interest rate of 3%. However, the hit to its share price is a short-term loss from listing these new notes.

Is the Galaxy share price out of form?

The Galaxy Resources Limited (ASX: GXY) share price is out of form on Thursday and dropping lower. At one stage today, the lithium miner’s shares were down as much as 6.5% to $2.80. The Galaxy share price has since recovered a touch and is down 2% to $2.94 this afternoon.

Is there any short interest in galaxy next generation stock?

As of January 15th, there was short interest totaling 6,200 shares, a drop of 88.7% from the December 31st total of 54,900 shares. Based on an average daily volume of 19,469,300 shares, the short-interest ratio is currently 0.0 days. View Galaxy Next Generation's Short Interest. Who are Galaxy Next Generation's key executives?

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Will GAXY stock go back up?

The Galaxy Next Generation, Inc. stock price gained 9.98% on the last trading day (Friday, 10th Jun 2022), rising from $0.26 to $0.29....Predicted Opening Price for Galaxy Next Generation, Inc. of Monday, June 13, 2022.Fair opening price June 13, 2022Current price$0.28$0.29 (Overvalued)

Is GAXY a good buy?

Galaxy Next Generation Inc (OTCQB:GAXY) The 1 analysts offering 12-month price forecasts for Galaxy Next Generation Inc have a median target of 600.00, with a high estimate of 600.00 and a low estimate of 600.00. The median estimate represents a +170,840.17% increase from the last price of 0.35.

Is GAXY being shorted?

Galaxy Next Generation saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 100 shares, an increase of ∞ from the previous total of 0 shares. Changes in short volume can be used to identify positive and negative investor sentiment.

Who owns GAXY stock?

CapFinancial Partners LLCTop 10 Owners of Galaxy Next Generation IncStockholderStakeShares ownedCapFinancial Partners LLC0.00%13

Can I buy GAXY on WeBull?

Shares of GAXY can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What does Galaxy next generation do?

Galaxy Next Generation, Inc. manufactures and distributes interactive learning technology hardware and software that allows the presenter and participant to engage in a collaborative instructional environment.

Is AITX a good buy?

Based on our forecasts, a long-term increase is expected, the "AITX" stock price prognosis for 2027-06-04 is 0.899 USD. With a 5-year investment, the revenue is expected to be around +5701.06%. Your current $100 investment may be up to $5801.06 in 2027.

How many shares does Galaxy next generation have?

2,500 sharesGalaxy Next Generation Inc (US:GAXY) has 1 institutional owners and shareholders that have filed 13D/G or 13F forms with the Securities Exchange Commission (SEC). These institutions hold a total of 2,500 shares.

When was Galaxy next generation founded?

1991Galaxy Next Generation Inc (OTCQB:GAXY) The company was founded by Steven Whitten in 1991 and is headquartered in Toccoa, GA.

Is AITX a good buy?

Based on our forecasts, a long-term increase is expected, the "AITX" stock price prognosis for 2027-06-04 is 0.899 USD. With a 5-year investment, the revenue is expected to be around +5701.06%. Your current $100 investment may be up to $5801.06 in 2027.

How many shares does Galaxy next generation have?

2,500 sharesGalaxy Next Generation Inc (US:GAXY) has 1 institutional owners and shareholders that have filed 13D/G or 13F forms with the Securities Exchange Commission (SEC). These institutions hold a total of 2,500 shares.

How can I buy Galaxy stock?

Procedure1) Register with the Financial Supervisory Service and obtain an investor registration certificate (IRC)2) Open a stock trading account at a Korean securities firm.3) Transfer funds.4) Trade shares in real time. Requirements. Standing proxy agreement. Investment ID application. Registration of signature.

How were Galaxy Next Generation's earnings last quarter?

Galaxy Next Generation, Inc. (OTCMKTS:GAXY) announced its quarterly earnings data on Tuesday, May, 17th. The company reported ($0.06) earnings per...

Who are Galaxy Next Generation's key executives?

Galaxy Next Generation's management team includes the following people: Mr. Gary D. LeCroy , Chairman, CEO & Pres (Age 53, Pay $683.85k) Ms. Mag...

Who are some of Galaxy Next Generation's key competitors?

Some companies that are related to Galaxy Next Generation include Altus Group (ASGTF) , Appen (APPEF) , Atlas Blockchain Group (ATLEF) , Atos (...

What other stocks do shareholders of Galaxy Next Generation own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Galaxy Next Generation investors own include Actinium Phar...

What is Galaxy Next Generation's stock symbol?

Galaxy Next Generation trades on the OTCMKTS under the ticker symbol "GAXY."

How do I buy shares of Galaxy Next Generation?

Shares of GAXY can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBul...

What is Galaxy Next Generation's stock price today?

One share of GAXY stock can currently be purchased for approximately $0.29.

How many employees does Galaxy Next Generation have?

Galaxy Next Generation employs 24 workers across the globe.

What is Galaxy Next Generation's official website?

The official website for Galaxy Next Generation is www.galaxynext.us .

Signals & Forecast

Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Some negative signals were issued as well, and these may have some influence on the near short-term development. The Galaxy Next Generation, Inc.

Support, Risk & Stop-loss

Galaxy Next Generation, Inc. finds support from accumulated volume at $0.0050 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

Is Galaxy Next Generation, Inc. stock A Buy?

Galaxy Next Generation, Inc. holds several negative signals and is within a very wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.

Insiders are very positive as most new trades are buy in Galaxy Next Generation, Inc

In the last 49 trades there were 9.9 million shares bought . The last trade was done 155 days ago by Mcgahee Magen who bough 495 thousand shares. For the period there is more stocks sold than bought, but the most of the latest transactions are buy. This can indicate renewed interest by the insider, but also stock options expiring

About Galaxy Next Generation, Inc

Galaxy Next Generation, Inc. manufactures and distributes interactive learning technology hardware and software that allows the presenter and participant to engage in a collaborative instructional environment.

Golden Star Signal

This unique signal uses moving averages and adds special requirements that convert the very good Golden Cross into a Golden Star. This signal is rare and, in most cases, gives substantial returns. From 10 000+ stocks usually only a few will trigger a Golden Star Signal per day!

Top Fintech Company

featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Are investors shorting Galaxy Next Generation?

Galaxy Next Generation saw a decrease in short interest during the month of January. As of January 15th, there was short interest totaling 6,200 shares, a decrease of 88.7% from the December 31st total of 54,900 shares.

Who are some of Galaxy Next Generation's key competitors?

Some companies that are related to Galaxy Next Generation include Altus Group (ASGTF), Appen (APPEF), Atlas Blockchain Group (ATLEF), Atos (AEXAF), Avast (AVASF), Cancom (CCCMF), Capgemini (CAP), Chinasoft International (CFTLF), Cirrus Networks (CNW), Comms Group (CCG), Computershare (CMSQF), Computershare (CPU), Converge Technology Solutions (CTSDF), COSOL (COS) and CPT Global (CGO). View all of GAXY's competitors..

What other stocks do shareholders of Galaxy Next Generation own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Galaxy Next Generation investors own include Actinium Pharmaceuticals (ATNM), Sorrento Therapeutics (SRNE), Acasti Pharma (ACST), Advanced Micro Devices (AMD), CBAK Energy Technology (CBAT), Fearless Films (FERL), iBio (IBIO), Jumia Technologies (JMIA), Johnson & Johnson (JNJ) and NIO (NIO)..

What is Galaxy Next Generation's stock symbol?

Galaxy Next Generation trades on the OTCMKTS under the ticker symbol "GAXY."

How do I buy shares of Galaxy Next Generation?

Shares of GAXY can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here.

What is Galaxy Next Generation's stock price today?

One share of GAXY stock can currently be purchased for approximately $0.01.

Galaxy Next Generation to Host Second Quarter FY 2022 Earnings Results Conference Call on Monday, February 14, 2022

Conference Call Scheduled for 4:30 pm ETTOCCOA, GA / ACCESSWIRE / February 11, 2022 / Galaxy Next Generation, Inc.

Galaxy Next Generation Launches G2 LINK, a Classroom Audio System

New Product Launched at FETC in Orlando, FloridaTOCCOA, GA / ACCESSWIRE / January 25, 2022 / Galaxy Next Generation, Inc. (OTCQB:GAXY) ("Galaxy" or the "Company), a provider of educational technology solutions, is pleased to announce that it has launched it's self-branded classroom audio solution, G2 LINK.

Galaxy Next Generation Buys Back and Cancels 50 Million Shares

TOCCOA, GA / ACCESSWIRE / December 21, 2021 / Galaxy Next Generation, Inc. (OTCQB:GAXY) ("Galaxy" or the "Company), a provider of interactive learning technology solutions, is pleased to announce that it has acquired back 50 million common shares and retired them to Treasury.

Galaxy Next Generation Continues Positive Momentum to End the Year and Into 2022

Awarded Approximately $300,000 in New Purchase Orders This WeekTOCCOA, GA / ACCESSWIRE / December 9, 2021 / Galaxy Next Generation, Inc. (OTCQB:GAXY) ("Galaxy" or the "Company), a provider of interactive learning technology solutions, is pleased to announce it received approximately $300,000 in new purchase orders since Monday.

Galaxy Next Generation Extinguishes Equity Line of Credit and Provides Financial Highlights

No Additional Registered Shares to be IssuedGreatly Strengthened Balance Sheet and Provided Growth CapitalTOCCOA, GA / ACCESSWIRE / December 7, 2021 / Galaxy Next Generation, Inc. (OTCQB:GAXY) ("Galaxy" or the "Company), a provider of interactive learning technology solutions, is pleased to provide the following Shareholder Update Letter.

Galaxy Next Generation to Host First Quarter FY 2022 Earnings Results Conference Call on Monday, November 15, 2021

Conference Call Scheduled for 4:30 pm ETTOCCOA, GA / ACCESSWIRE / November 10, 2021 / Galaxy Next Generation, Inc.

Why is the Galaxy share price dropping lower today?

Investors have been selling Galaxy’s shares today after the market selloff overshadowed a reasonably positive fourth quarter update.

Outlook

Management spoke positively about the future and revealed that trading conditions are improving rapidly.

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