Beyond Air Inc (NASDAQ: XAIR) kicked off on Friday, up 0.22% from the previous trading day, before settling in for the closing price of $0.36. Over the past 52 weeks, XAIR has traded in a range of $0.30-$2.17.
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It was noted that within the last five years, the titan of the Healthcare sector saw sales slided by -43.84%. While this was happening, its average annual earnings per share was recorded 57.51%. With a float of $61.84 million, this company’s outstanding shares have now reached $72.19 million.
The extent of productivity of a business whose workforce counts for 107 workers is very important to gauge. 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 and Institutional Ownership
Our next focus will be how large-scale investors are participating in this stock of the Medical Devices Industry. 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) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around 57.51% per share during the next fiscal year.
Beyond Air Inc (NASDAQ: XAIR) Trading Performance Indicators
Take a look at Beyond Air Inc’s (XAIR) current performance indicators. Last quarter, stock had a quick ratio of 5.38. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 11.13.
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)
The latest stats from [Beyond Air Inc, XAIR] show that its last 5-days average volume of 5.6 million was superior to 1.18 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 16.35%. Additionally, its Average True Range was 0.05.
During the past 100 days, Beyond Air Inc’s (XAIR) raw stochastic average was set at 16.84%, which indicates a significant increase from 16.67% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 85.49% in the past 14 days, which was lower than the 117.00% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $0.4752, while its 200-day Moving Average is $0.7508. Now, the first resistance to watch is $0.3677. This is followed by the second major resistance level at $0.3755. The third major resistance level sits at $0.3909. If the price goes on to break the first support level at $0.3445, it is likely to go to the next support level at $0.3291. The third support level lies at $0.3213 if the price breaches the second support level.
Beyond Air Inc (NASDAQ: XAIR) Key Stats
The company with the Market Capitalisation of 26.05 million has total of 72,188K Shares Outstanding. Its annual sales at the moment are 1,160 K in contrast with the sum of -60,240 K annual income. Company’s last quarter sales were recorded 800 K and last quarter income was -13,360 K.
