Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. Beyond Air Inc’s current trading price is -81.71% away from its 52-week high, while its distance from the 52-week low is 61.25%. The stock’s price range over this period has fluctuated between $0.30 and $2.61. The company, operating within the financial sector, had a trading volume of approximately 0.82 million for the day, which was noticeably higher than the average daily share volume of 0.55 million over the last 3 months.
In terms of market performance, Beyond Air Inc had a fairly uneven. The highest value for the stock in the past year was $2.61 on 11/03/23, and the lowest value was recorded at $0.30 on 10/01/24.
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Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Beyond Air Inc (XAIR) has experienced a quarterly decline of -17.69% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 34.46M and boasts a workforce of 107 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 0.5474, with a change in price of -0.7027. Similarly, Beyond Air Inc recorded 771,876 in trading volume during the last 100 days, posting a change of -59.55%.
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 1.10. Similarly, the long-term debt-to-equity ratio is also 1.04.
XAIR Stock Stochastic Average
Today’s raw stochastic average for Beyond Air Inc over the last 50 days is 80.94%.This indicates a increase from the raw stochastic average of the past 20 days, which was 80.33%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 62.12% and 51.01%, respectively.
XAIR Stock Price Performance Analysis
A mixed performance in the stock price over the year has left investors with either an optimistic or pessimistic outlook, depending on their point of view. This year’s metric has recorded a Price decrease of -75.65%. However, over the past six months, we’ve seen a stronger performance of -55.81%. The price of XAIR fallen by 23.02% over the last 30 days. And in the last five days, it has surged by 23.94%.
