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 -83.15% away from its 52-week high, while its distance from the 52-week low is 20.14%. The stock’s price range for this period has been between $0.30 and $2.11 The company’s shares, which are part of the Healthcare sector, had a trading volume of approximately 0.85 million for the day, a number notably lower than the average daily volume of 1.55 million over the last three months.
Beyond Air Inc experienced a rather shaky stock market performance. The highest value in the past year was recorded at $2.11 on 02/28/24 and the lowest value was $0.30 on 10/01/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Beyond Air Inc (XAIR) has experienced a quarterly decline of -29.09% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 31.39M 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 0.4262, with a change in price of -0.0115. Similarly, Beyond Air Inc recorded 1,251,234 in trading volume during the last 100 days, posting a change of -3.13%.
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 0.61. Similarly, the long-term debt-to-equity ratio is also 0.58.
XAIR Stock Stochastic Average
As of today, Beyond Air Inc’s raw stochastic average for the last 50 days stands at 14.83%. This is a rise compared to the raw stochastic average of the previous 20 days, which was noted at 13.25%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 18.75% and 23.22%, 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. Year to date metric has recorded a loss of -0.81%.However, over the last six months, we can see a stronger performance of -30.82%. Over the last 30 days, the price of XAIR has leaped by -18.98%. And in the last five days, it has fallen by -3.79%.
