NeXt Innovation (GSVC) Trading 5.3% Higher

NeXt Innovation Corp (NASDAQ:GSVC) traded up 5.3% during mid-day trading on Wednesday . The company traded as high as $7.46 and last traded at $7.32. 821,087 shares traded hands during trading, an increase of 533% from the average session volume of 129,655 shares. The stock had previously closed at $6.95.

Separately, Zacks Investment Research raised shares of NeXt Innovation from a “hold” rating to a “buy” rating and set a $7.75 target price for the company in a research note on Wednesday.

The company has a market cap of $138.44 million, a PE ratio of -19.78 and a beta of 1.69. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.36 and a current ratio of 0.36.

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NeXt Innovation Company Profile (NASDAQ:GSVC)

GSV Capital Corp. is specializing in growth capital, B round and beyond, emerging growth, and pre-IPO investments in late stage venture-backed private companies. It makes direct (primary rounds) investments in companies and also makes secondary direct investments. The fund may also invest in select publicly-traded equity securities of companies that otherwise meet its investment criteria.

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