Pixie Dust Technologies (NASDAQ:PXDT) Shares Down 3.8%

Pixie Dust Technologies, Inc. (NASDAQ:PXDT)’s stock price was down 3.8% during trading on Wednesday . The stock traded as low as $1.53 and last traded at $1.53. Approximately 6,741 shares changed hands during trading, a decline of 38% from the average daily volume of 10,866 shares. The stock had previously closed at $1.59.

Wall Street Analysts Forecast Growth

Separately, Fundamental Research set a $5.21 target price on shares of Pixie Dust Technologies and gave the company a “buy” rating in a research note on Tuesday, April 23rd.

Pixie Dust Technologies Stock Performance

The company has a quick ratio of 2.04, a current ratio of 2.18 and a debt-to-equity ratio of 0.01. The company’s fifty day simple moving average is $2.31 and its 200-day simple moving average is $4.15.

About Pixie Dust Technologies

Pixie Dust Technologies, Inc, a technology company, focuses on personal care and diversity, and workspace and digital transformation businesses primarily in Japan. It offers SonoRepro, an ultrasonic non-contact vibrotactile stimulation scalp care device; VUEVO, a series of directional voice arrival detection devices for individuals with deaf and hard-of-hearing; and kikippa, an acoustic stimulation device functioning as a desk-top speaker.