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The latest update is out from NexTech AR Solutions ( (TSE:NTAR) ).
Nextech3D.ai has completed its acquisition of Eventdex, a company known for its AI-powered registration and badge-printing software, in an all-cash deal valued at $700,000. This acquisition strengthens Nextech3D.ai’s position as a comprehensive AI event technology provider by integrating Eventdex’s capabilities with its Map D platform, thus offering a unified suite for event organizers. The acquisition is expected to accelerate Nextech3D.ai’s blockchain ticketing roadmap, which aims to introduce innovative solutions like tokenized tickets and programmable access rights, enhancing security and engagement for event stakeholders.
The most recent analyst rating on (TSE:NTAR) stock is a Buy with a C$0.25 price target. To see the full list of analyst forecasts on NexTech AR Solutions stock, see the TSE:NTAR Stock Forecast page.
Spark’s Take on TSE:NTAR Stock
According to Spark, TipRanks’ AI Analyst, TSE:NTAR is a Neutral.
The overall stock score is primarily impacted by the company’s poor financial performance, which raises concerns about its sustainability. Despite positive technical indicators suggesting potential short-term gains, the negative valuation metrics further weigh down the score.
To see Spark’s full report on TSE:NTAR stock, click here.
More about NexTech AR Solutions
Nextech3D.ai is an AI-first technology company specializing in 3D modeling, event management, and spatial computing solutions. The company, through its Map D platform, supports thousands of events annually with features like interactive floor plans, ticketing, mobile apps, and sponsorships. Nextech3D.ai is also advancing in blockchain and AI-driven technologies to enhance event experiences.
YTD Price Performance: 272.73%
Average Trading Volume: 667,753
Technical Sentiment Signal: Buy
Current Market Cap: C$44.3M
Find detailed analytics on NTAR stock on TipRanks’ Stock Analysis page.