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 -81.36% away from its 52-week high, while its distance from the 52-week low is 48.65%. The stock’s price range for this period has been between $0.30 and $2.36 The company’s shares, which are part of the Healthcare sector, had a trading volume of approximately 16.0 million for the day, a number notably higher than the average daily volume of 0.78 million over the last three months.
In terms of market performance, Beyond Air Inc had a fairly uneven. The highest value for the stock in the past year was $2.36 on 12/28/23, and the lowest value was recorded at $0.30 on 10/01/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Beyond Air Inc (XAIR) has experienced a quarterly rise of 20.88% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 31.12M 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 0.4375, with a change in price of -0.0647. Similarly, Beyond Air Inc recorded 786,462 in trading volume during the last 100 days, posting a change of -12.82%.
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 0.63. Similarly, the long-term debt-to-equity ratio is also 0.61.
XAIR Stock Stochastic Average
As of today, Beyond Air Inc’s raw stochastic average for the last 50 days stands at 34.20%. This is a rise compared to the raw stochastic average of the previous 20 days, which was noted at 22.47%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 16.34% and 12.63%, respectively.
XAIR Stock Price Performance Analysis
The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. The metric has seen a significant loss of -77.55% since the start of this calendar year. Looking back over the last six months, we can see a stronger performance of -18.11%. Over the past 30 days, the price of XAIR has leaped by -34.03%. And in the last five days, it has surged by 5.74%.
