On Tuesday, Beyond Air Inc (NASDAQ: XAIR) opened higher 4.25% from the last session, before settling in for the closing price of $0.26. Price fluctuations for XAIR have ranged from $0.26 to $1.99 over the past 52 weeks.
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Over the past five-year period, the drop rate of yearbook sales for the company of the Healthcare sector was -43.84%. Company’s average yearly earnings per share was noted 59.23% at the time writing. With a float of $75.59 million, this company’s outstanding shares have now reached $88.28 million.
Considering the fact that the conglomerate employs 107 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is -70.96%, operating margin of -1653.95%, and the pretax margin is -1818.49%.
Beyond Air Inc (XAIR) Insider Activity
A key investor’s attitude towards the stock of the Medical Devices industry is another important factor to consider. The insider ownership of Beyond Air Inc is 14.37%, while institutional ownership is 23.12%. The most recent insider transaction that took place on Feb 19 ’25, was worth 2,294. In this transaction Chief Operating Officer of this company bought 6,000 shares at a rate of $0.38, taking the stock ownership to the 94,150 shares. Before that another transaction happened on Sep 26 ’24, when Company’s Director bought 1,476,626 for $0.50, making the entire transaction worth $744,662. This insider now owns 1,476,626 shares in total.
Beyond Air Inc (XAIR) Earnings and Forecasts
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 59.23% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 45.66% during the next five years compared to -18.68% drop over the previous five years of trading.
Beyond Air Inc (NASDAQ: XAIR) Trading Performance Indicators
Check out the current performance indicators for Beyond Air Inc (XAIR). In the past quarter, the stock posted a quick ratio of 3.12. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 7.89.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.05, a number that is poised to hit -0.12 in the next quarter and is forecasted to reach -0.37 in one year’s time.
Technical Analysis of Beyond Air Inc (XAIR)
Compared to the last year’s volume of 1.5 million, its volume of 1.31 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 15.13%. Additionally, its Average True Range was 0.04.
During the past 100 days, Beyond Air Inc’s (XAIR) raw stochastic average was set at 4.69%, which indicates a significant decrease from 12.82% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 72.91% in the past 14 days, which was lower than the 102.79% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $0.3786, while its 200-day Moving Average is $0.5528. Nevertheless, the first resistance level for the watch stands at $0.2889 in the near term. At $0.3079, the stock is likely to face the second major resistance level. The third major resistance level sits at $0.3273. If the price goes on to break the first support level at $0.2505, it is likely to go to the next support level at $0.2311. Should the price break the second support level, the third support level stands at $0.2121.
Beyond Air Inc (NASDAQ: XAIR) Key Stats
There are currently 68,800K shares outstanding in the company with a market cap of 23.84 million. Presently, the company’s annual sales total 1,160 K according to its annual income of -60,240 K. Last quarter, the company’s sales amounted to 1,070 K and its income totaled -13,030 K.