Expion360 Inc (XPON) kicked off at the price of $0.08: Venture capitalists have an exciting new opportunity

On Friday, Expion360 Inc (NASDAQ: XPON) was -9.01% drop from the session before settling in for the closing price of $0.09. A 52-week range for XPON has been $0.07 – $6.39.

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During the last 5-year period, the sales growth of Industrials Sector giant was 60.18%. When this article was written, the company’s average yearly earnings per share was at 68.52%. With a float of $39.10 million, this company’s outstanding shares have now reached $55.58 million.

Let’s determine the extent of company efficiency that accounts for 23 employees. In terms of profitability, gross margin is 21.86%, operating margin of -152.85%, and the pretax margin is -168.22%.

Expion360 Inc (XPON) Breakdown of a Key Holders of the stock

Also, it is sometimes useful to examine the sentiment of large-scale investors toward Expion360 Inc stocks. The insider ownership of Expion360 Inc is 29.64%, while institutional ownership is 10.32%. The most recent insider transaction that took place on Jun 05 ’24, was worth 46,671. In this transaction 10% Owner of this company sold 29,727 shares at a rate of $1.57, taking the stock ownership to the 1,692,182 shares. Before that another transaction happened on Jun 04 ’24, when Company’s 10% Owner sold 5,273 for $1.67, making the entire transaction worth $8,806. This insider now owns 1,721,909 shares in total.

Expion360 Inc (XPON) Recent Fiscal highlights

Going through the last 3-months fiscal report unveiled on the 6/30/2024, it has been observed that the corporation posted -0.26 earnings per share (EPS) during the time that was less than consensus figure (set at -0.2) by -0.06. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.23 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 68.52% per share during the next fiscal year.

Expion360 Inc (NASDAQ: XPON) Trading Performance Indicators

You can see what Expion360 Inc (XPON) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 0.36. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.88.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.19, a number that is poised to hit -0.09 in the next quarter and is forecasted to reach -0.12 in one year’s time.

Technical Analysis of Expion360 Inc (XPON)

Looking closely at Expion360 Inc (NASDAQ: XPON), its last 5-days average volume was 28.61 million, which is a jump from its year-to-date volume of 3.07 million. As of the previous 9 days, the stock’s Stochastic%D was 3.55%. Additionally, its Average True Range was 0.08.

During the past 100 days, Expion360 Inc’s (XPON) raw stochastic average was set at 0.17%, which indicates a significant decrease from 1.35% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 485.81% in the past 14 days, which was higher than the 244.47% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $0.7782, while its 200-day Moving Average is $2.8955. However, in the short run, Expion360 Inc’s stock first resistance to watch stands at $0.0824. Second resistance stands at $0.0859. The third major resistance level sits at $0.0896. If the price goes on to break the first support level at $0.0752, it is likely to go to the next support level at $0.0715. Now, if the price goes above the second support level, the third support stands at $0.0680.

Expion360 Inc (NASDAQ: XPON) Key Stats

There are 7,445K outstanding shares of the company, which has a market capitalization of 4.38 million. As of now, sales total 5,980 K while income totals -7,460 K. Its latest quarter income was 970 K while its last quarter net income were -2,190 K.