On Friday, Beyond Air Inc (NASDAQ: XAIR) was -9.01% drop from the session before settling in for the closing price of $0.57. A 52-week range for XAIR has been $0.30 – $2.36.
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Healthcare Sector giant saw their annual sales slid by -43.84% over the last five years. When this article was written, the company’s average yearly earnings per share was at 57.47%. With a float of $61.84 million, this company’s outstanding shares have now reached $72.19 million.
The firm has a total of 107 workers. Let’s measure their productivity. In terms of profitability, gross margin is -111.59%, operating margin of -2391.55%, and the pretax margin is -2514.86%.
Beyond Air Inc (XAIR) Insider Activity
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Beyond Air Inc stocks. The insider ownership of Beyond Air Inc is 14.33%, while institutional ownership is 23.10%. The most recent insider transaction that took place on Sep 26 ’24, was worth 744,662. In this transaction Director of this company bought 1,476,626 shares at a rate of $0.50, taking the stock ownership to the 1,476,626 shares. Before that another transaction happened on Sep 26 ’24, when Company’s CEO and Chairman of the Board bought 1,476,626 for $0.50, making the entire transaction worth $744,662. This insider now owns 3,249,411 shares in total.
Beyond Air Inc (XAIR) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around 57.47% per share during the next fiscal year.
Beyond Air Inc (NASDAQ: XAIR) Trading Performance Indicators
You can see what Beyond Air Inc (XAIR) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 5.38. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 14.46.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.41, a number that is poised to hit -0.15 in the next quarter and is forecasted to reach -0.53 in one year’s time.
Technical Analysis of Beyond Air Inc (XAIR)
Analysing the last 5-days average volume posted by the [Beyond Air Inc, XAIR], we can find that recorded value of 0.94 million was better than the volume posted last year of 0.55 million. As of the previous 9 days, the stock’s Stochastic %D was 33.49%. Additionally, its Average True Range was 0.07.
During the past 100 days, Beyond Air Inc’s (XAIR) raw stochastic average was set at 57.62%, which indicates a significant increase from 36.70% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 136.80% in the past 14 days, which was higher than the 118.04% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $0.4346, while its 200-day Moving Average is $0.9061. Now, the first resistance to watch is $0.5620. This is followed by the second major resistance level at $0.6090. The third major resistance level sits at $0.6400. If the price goes on to break the first support level at $0.4840, it is likely to go to the next support level at $0.4530. Should the price break the second support level, the third support level stands at $0.4060.
Beyond Air Inc (NASDAQ: XAIR) Key Stats
There are 72,188K outstanding shares of the company, which has a market capitalization of 33.83 million. As of now, sales total 1,160 K while income totals -60,240 K. Its latest quarter income was 800 K while its last quarter net income were -13,360 K.
