Pixie Dust Technologies (NASDAQ:PXDT) PT Set at $5.21 by Fundamental Research

Pixie Dust Technologies (NASDAQ:PXDTGet Free Report) has been given a $5.21 price target by analysts at Fundamental Research in a research note issued to investors on Tuesday, BayStreet.CA reports. The brokerage currently has a “buy” rating on the stock. Fundamental Research’s target price points to a potential upside of 101.16% from the company’s previous close.

Pixie Dust Technologies Stock Performance

Pixie Dust Technologies stock opened at $2.59 on Tuesday. Pixie Dust Technologies has a 52-week low of $2.30 and a 52-week high of $10.51. The company has a fifty day simple moving average of $2.73 and a 200-day simple moving average of $5.89. The company has a quick ratio of 2.04, a current ratio of 2.18 and a debt-to-equity ratio of 0.01.

Institutional Investors Weigh In On Pixie Dust Technologies

An institutional investor recently bought a new position in Pixie Dust Technologies stock. Sumitomo Mitsui Financial Group Inc. purchased a new position in shares of Pixie Dust Technologies, Inc. (NASDAQ:PXDTFree Report) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 56,400 shares of the company’s stock, valued at approximately $494,000. Sumitomo Mitsui Financial Group Inc. owned approximately 0.38% of Pixie Dust Technologies as of its most recent filing with the Securities & Exchange Commission. 0.39% of the stock is currently owned by institutional investors and hedge funds.

Pixie Dust Technologies Company Profile

(Get Free Report)

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.

See Also

Receive News & Ratings for Pixie Dust Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pixie Dust Technologies and related companies with MarketBeat.com's FREE daily email newsletter.