In terms of market performance, Beyond Air Inc had a somewhat inconsistent run in.
52-week price history of XAIR Stock
A stock’s 52-week high and low prices can reveal a great deal about its present condition and potential future performance. Beyond Air Inc’s current trading price is -86.14% away from its 52-week high, while its distance from the 52-week low is 26.88%. The stock’s price range during this period has fluctuated between $0.16 and $1.49. Shares of the company, which operates in the Healthcare sector, recorded a trading volume of around 2.68 million for the day, which was evidently higher than the average daily volume of 1.87 million over the last three months.
Financial Performance and Market Capitalization
Beyond Air Inc (XAIR) has experienced a quarterly decline of -19.29% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 17.78M and boasts a workforce of 107 employees.
Moving average and trading volume data
XAIR Debt-to-equity ratio analysis
The debt-to-equity (D/E) ratio is a valuable metric that offers insight into a company’s financial health and standing in the market. This ratio is calculated by dividing a company’s current total liabilities by its shareholders’ equity. The D/E ratio illustrates the extent of debt a company is utilizing to support its assets in relation to the value of 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 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. Year to date metric has recorded a loss of -42.59%.However, over the last six months, we can see a stronger performance of -57.83%. Over the last 30 days, the price of XAIR has fallen by 5.54%. And in the last five days, it has surged by 9.47%.
