Beyond Air Inc (NASDAQ: XAIR) kicked off on Friday, up 11.57% from the previous trading day, before settling in for the closing price of $0.37. Over the past 52 weeks, XAIR has traded in a range of $0.30-$2.17.
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During the last 5-year period, the sales drop of Healthcare Sector giant was -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.
Let’s determine the extent of company efficiency that accounts for 107 employees. 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) Breakdown of a Key Holders of the stock
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) Recent Fiscal highlights
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0 per share during the current fiscal year.
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 12.88.
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)
Looking closely at Beyond Air Inc (NASDAQ: XAIR), its last 5-days average volume was 1.27 million, which is a drop from its year-to-date volume of 1.6 million. As of the previous 9 days, the stock’s Stochastic %D was 38.53%. Additionally, its Average True Range was 0.05.
During the past 100 days, Beyond Air Inc’s (XAIR) raw stochastic average was set at 31.97%, which indicates a significant decrease from 40.62% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 105.64% in the past 14 days, which was lower than the 109.24% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $0.4610, while its 200-day Moving Average is $0.6939. However, in the short run, Beyond Air Inc’s stock first resistance to watch stands at $0.4589. Second resistance stands at $0.5002. The third major resistance level sits at $0.5326. If the price goes on to break the first support level at $0.3852, it is likely to go to the next support level at $0.3528. Now, if the price goes above the second support level, the third support stands at $0.3115.
Beyond Air Inc (NASDAQ: XAIR) Key Stats
The company with the Market Capitalisation of 30.14 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.
