Expion360 Inc (XPON)’s latest performance is not what we had anticipated

On Friday, Expion360 Inc (NASDAQ: XPON) opened higher 6.15% from the last session, before settling in for the closing price of $0.07. Price fluctuations for XPON have ranged from $0.07 to $6.39 over the past 52 weeks.

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A company in the Industrials sector has jumped its sales by 60.18% annually for the last half of the decade. Company’s average yearly earnings per share was noted 68.52% at the time writing. With a float of $53.37 million, this company’s outstanding shares have now reached $55.58 million.

In an organization with 23 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 21.86%, operating margin of -152.85%, and the pretax margin is -168.22%.

Expion360 Inc (XPON) Insider Updates

A key investor’s attitude towards the stock of the Electrical Equipment & Parts industry is another important factor to consider. The insider ownership of Expion360 Inc is 3.97%, while institutional ownership is 11.62%. 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) Performance Highlights and Predictions

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

Check out the current performance indicators for Expion360 Inc (XPON). In the past 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 0.82.

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)

Let’s dig in a bit further. During the last 5-days, its volume was 14.66 million. That was better than the volume of 3.42 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 15.84%. Additionally, its Average True Range was 0.06.

During the past 100 days, Expion360 Inc’s (XPON) raw stochastic average was set at 0.26%, which indicates a significant decrease from 3.33% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 470.64% in the past 14 days, which was higher than the 243.18% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $0.6519, while its 200-day Moving Average is $2.7918. However, in the short run, Expion360 Inc’s stock first resistance to watch stands at $0.0768. Second resistance stands at $0.0794. The third major resistance level sits at $0.0838. If the price goes on to break the first support level at $0.0698, it is likely to go to the next support level at $0.0654. Assuming the price breaks the second support level, the third support level stands at $0.0628.

Expion360 Inc (NASDAQ: XPON) Key Stats

There are currently 7,445K shares outstanding in the company with a market cap of 4.12 million. Presently, the company’s annual sales total 5,980 K according to its annual income of -7,460 K. Last quarter, the company’s sales amounted to 1,280 K and its income totaled -2,220 K.