Beyond Air Inc. (XAIR) is priced at $8.40 after the most recent trading session. At the very opening of the session, the stock price was $7.05 and reached a high price of $9.30, prior to closing the session it reached the value of $6.93. The stock touched a low price of $6.9796.
Recently in News on July 20, 2021, Beyond Air® Schedules First Fiscal Quarter 2022 Financial Results Conference Call and Webcast. Call scheduled for Tuesday, August 10th at 4:30 pm Eastern Time. You can read further details here
Beyond Air Inc. had a pretty favorable run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $9.30 on 07/21/21, with the lowest value was $4.62 for the same time period, recorded on 06/03/21.
Beyond Air Inc. (XAIR) full year performance was 34.83%
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, Beyond Air Inc. shares are logging 14.13% during the 52-week period from high price, and 81.81% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $4.62 and $7.36.
The company’s shares, operating in the sector of Healthcare managed to top a trading volume set approximately around 3525896 for the day, which was evidently higher, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the Beyond Air Inc. (XAIR) recorded performance in the market was 59.39%, having the revenues showcasing 60.92% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 192.44M, as it employees total of 45 workers.
Specialists analysis on Beyond Air Inc. (XAIR)
During the last month, 0 analysts gave the Beyond Air Inc. a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 0 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 5.68, with a change in the price was noted +2.47. In a similar fashion, Beyond Air Inc. posted a movement of +41.65% for the period of last 100 days, recording 454,420 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for XAIR is recording 0.17 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.15.
Trends and Technical analysis: Beyond Air Inc. (XAIR)
Raw Stochastic average of Beyond Air Inc. in the period of last 50 days is set at 80.77%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 74.65%. In the last 20 days, the company’s Stochastic %K was 73.43% and its Stochastic %D was recorded 68.66%.
Now, considering the stocks previous presentation, multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be pessimistic, given the fact the metric is recording 59.39%. Additionally, trading for the stock in the period of the last six months notably improved by 33.55%, alongside a boost of 34.83% for the period of the last 12 months. The shares increased approximately by 27.66% in the 7-day charts and went down by 64.71% in the period of the last 30 days. Common stock shares were driven by 60.92% during last recorded quarter.