The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. Beyond Air Inc’s current trading price is -81.29% away from its 52-week high, while its distance from the 52-week low is 1.71%. The stock’s price range for this period has been between $1.17 and $6.36 The company’s shares, which are part of the Healthcare sector, had a trading volume of approximately 0.61 million for the day, a number notably higher than the average daily volume of 0.3 million over the last three months.
Beyond Air Inc experienced a somewhat shaky performance in the stock market. The company’s stock reached a 1-year high of $6.36 on 06/20/23, while the lowest price for the same period was registered at $1.17 on 04/18/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Beyond Air Inc (XAIR) has experienced a quarterly decline of -10.19% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 54.62M and boasts a workforce of 98 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 1.6804, with a change in price of -0.5000. Similarly, Beyond Air Inc recorded 373,344 in trading volume during the last 100 days, posting a change of -29.59%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for XAIR stands at 0.81. Similarly, the long-term debt-to-equity ratio is also 0.79.
XAIR Stock Stochastic Average
Beyond Air Inc’s raw stochastic average for the past 50 days is presently 5.31%, as of today. This marks a decrease from the raw stochastic average of the last 20 days, which was 8.53%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 13.95% and 12.20%, respectively.
XAIR Stock Price Performance Analysis
The stock price performance over the year has been a mixed bag, resulting in a range of outlooks from optimistic to pessimistic depending on the observer. The index has shown a price loss of -39.29% this year. Over the last six months, there has been a stronger performance of -51.03%. The price of XAIR leaped by -22.22% during the last 30 days period. For the last 5-days stocks have slided -20.67%.
