Beyond Air Inc (XAIR) is set for another landmark as it hit the volume of 1.18 million

As on Thursday, Beyond Air Inc (NASDAQ: XAIR) got off with the flyer as it spiked 9.77% to $0.57, before settling in for the price of $0.52 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 Healthcare Sector giants’ yearly sales growth during the last 5-year period was -43.84%. Meanwhile, its Annual Earning per share during the time was -18.68%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 48.13%. This publicly-traded company’s shares outstanding now amounts to $72.19 million, simultaneously with a float of $56.14 million. The organization now has a market capitalization sitting at $41.14 million. At the time of writing, stock’s 50-day Moving Average stood at $0.3961, while the 200-day Moving Average is $1.0192.

Beyond Air Inc (XAIR) Ownership Facts and Figures

Another important factor to analyze is how key investors are playing towards the stock of the Medical Devices industry. Beyond Air Inc’s current insider ownership accounts for 22.24%, in contrast to 24.62% 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 48.13% and is forecasted to reach -0.61 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 23.11.

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 -0.61 at the market close of one year from today.

Technical Analysis of Beyond Air Inc (XAIR)

Through scrutinizing the latest numbers posted by the [Beyond Air Inc, XAIR], it can be observed that its last 5-days Average volume of 0.96 million was better the volume of 0.55 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 86.93% While, its Average True Range was 0.0539.

Raw Stochastic average of Beyond Air Inc (XAIR) in the period of the previous 100 days is set at 23.04%, which indicates a major fall in contrast to 94.47% 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 88.88% that was lower than 157.97% volatility it exhibited in the past 100-days period.