Beyond Air Inc (XAIR) volume hits 2.61 million: A New Opening for Investors

Beyond Air Inc (NASDAQ: XAIR) open the trading on Wednesday, with great promise as it jumped 10.57% to $0.33, before settling in for the price of $0.30 at the close. Taking a more long-term approach, XAIR posted a 52-week range of $0.30-$2.61.

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The company of the Healthcare sector’s yearbook sales growth during the past 5- year span was recorded -43.84%. Meanwhile, its Annual Earning per share during the time was -18.68%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 44.07%. This publicly-traded company’s shares outstanding now amounts to $45.90 million, simultaneously with a float of $37.65 million. The organization now has a market capitalization sitting at $15.53 million. At the time of writing, stock’s 50-day Moving Average stood at $0.4423, while the 200-day Moving Average is $1.1694.

Beyond Air Inc (XAIR) Ownership Facts and Figures

Sometimes it helps to make our mind if we keep our tabs on how bigger investors are working with the stock of the Medical Devices industry. Beyond Air Inc’s current insider ownership accounts for 19.06%, in contrast to 25.96% institutional ownership. According to the most recent insider trade that took place on Sep 26 ’24, this organization’s Director bought 1,476,626 shares at the rate of 0.50, making the entire transaction reach 744,662 in total value, affecting insider ownership by 1,476,626. Preceding that transaction, on Sep 26 ’24, Company’s CEO and Chairman of the Board bought 1,476,626 for 0.50, making the whole transaction’s value amount to 744,662. This particular insider is now the holder of 3,249,411 in total.

Beyond Air Inc (XAIR) Earnings and Revenue Records

Beyond Air Inc’s EPS increase for this current 12-month fiscal period is 44.07% and is forecasted to reach -0.71 in the upcoming year.

Beyond Air Inc (NASDAQ: XAIR) Trading Performance Indicators

Let’s observe the current performance indicators for Beyond Air Inc (XAIR). It’s Quick Ratio in the last reported quarter now stands at 2.42. The Stock has managed to achieve an average true range (ATR) of 0.05. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 8.72.

In the same vein, XAIR’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -1.63, a figure that is expected to reach -0.28 in the next quarter, and analysts are predicting that it will be -0.71 at the market close of one year from today.

Technical Analysis of Beyond Air Inc (XAIR)

[Beyond Air Inc, XAIR] recent stats showed that its last 5-days Average volume was superior the volume it posted in the year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 36.24% While, its Average True Range was 0.0491.

Raw Stochastic average of Beyond Air Inc (XAIR) in the period of the previous 100 days is set at 3.18%, which indicates a major fall in contrast to 28.21% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 130.24% that was lower than 153.07% volatility it exhibited in the past 100-days period.