NXT-ID Inc (NXTD) Stock Is All Set To Hit $1: What Should You Do?

If you are currently looking for cheap stocks then it might be a good move to take a look at the NXT-ID Inc (NASDAQ:NXTD) stock. The stock has performed well in recent days and on Monday it soared by 16% to take its gains for the past week to as much as 40%.

The company is involved in the health care application and technology solutions space. At this point, the company’s business is primarily rooted in the sales of its personal injury response systems.

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However, at the same time, it is also necessary to note that recently the company made a payment to the tune of $5 million against its debt. It is a significant development for Nxt-ID and one that might have been seen in a positive light by investors.

While that is a positive, investors also need to be cautious about the possibility of the NXTD stock getting delisted from NASDAQ for failing to meet the minimum bid price requirements of the exchange.

Asan Abdiev

CEO and Editor in Chief. Living in the era of dynamic tech change Asan decided to stay tuned in changes that make any person find comfort and adapt to new devices. Furthermore, gaming became his passion for spending leisure time with his close ones. Although, he has a degree in Business Administration (majoring Finance) writing for technology and as well as finance has been one of the precious aspects of his life