Beyond Air Inc’s market performance has been unstable in recent times. The company’s stock hit a 1-year high of $2.61 on 11/03/23 and a low of $0.30 for the same time frame on 10/01/24.
52-week price history of XAIR Stock
A stock’s 52-week high and low prices can reveal much about its current status and future trajectory. Beyond Air Inc’s current trading price is -81.22% away from its 52-week high, while its distance from the 52-week low is 65.57%. The stock’s price range during this period has spanned from $0.30 to $2.61. In the Healthcare sector, the Beyond Air Inc’s shares surpassed a trading volume of approximately 0.78 million for the day, which was noticeably higher compared to the average daily volume of 9.0.58 million over the past three months.
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Market Capitalization and Financial Performance: An In-Depth Look
Beyond Air Inc (XAIR) has experienced a quarterly decline of -0.26% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 30.43M and boasts a workforce of 107 employees.
Making Sense of Trading Volume and Moving Average Data
Based on Barchart.com data, the company’s moving average over the 100-day period was 0.5265, with a change in price of -0.7799. Similarly, Beyond Air Inc recorded 796,167 in trading volume during the last 100 days, posting a change of -61.41%.
Examining XAIR’s Debt-to-Equity Ratio: What You Need to Know
The debt-to-equity (D/E) ratio is a crucial measure that sheds light on a company’s financial health and market standing. It is determined by dividing a company’s overall liabilities by its shareholders’ equity, showing the extent of a company’s debt usage in financing its assets compared to the 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 66.02%.This indicates a increase from the raw stochastic average of the past 20 days, which was 65.16%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 79.22% and 78.62%, respectively.
XAIR Stock Price Performance Analysis
A mixed performance in the stock price over the year has left investors unsure of what to expect, resulting in a range of outlooks from optimistic to pessimistic. Year to date metric has recorded a loss of -74.99%.However, over the last six months, we can see a stronger performance of -62.30%. Over the last 30 days, the price of XAIR has fallen by 27.53%. And in the last five days, it has surged by 21.95%.