Quarterly Snapshot: Quick and Current Ratios for XTI Aerospace Inc (XTIA)

Abby Carey

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The closing price of XTI Aerospace Inc (NASDAQ: XTIA) was $1.6 for the day, up 1.91% from the previous closing price of $1.57. In other words, the price has increased by $1.91 from its previous closing price. On the day, 0.69 million shares were traded. XTIA stock price reached its highest trading level at $1.6 during the session, while it also had its lowest trading level at $1.54.

Ratios:

Our analysis of XTIA’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 0.99 and its Current Ratio is at 1.11. In the meantime, Its Debt-to-Equity ratio is 0.03 whereas as Long-Term Debt/Eq ratio is at 0.02.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, XTIA now has a Market Capitalization of 49325308 and an Enterprise Value of 12383306. For the stock, the TTM Price-to-Sale (P/S) ratio is 16.23 while its Price-to-Book (P/B) ratio in mrq is 2.31. Its current Enterprise Value per Revenue stands at 4.08 whereas that against EBITDA is -0.408.

Stock Price History:

The Beta on a monthly basis for XTIA is 0.04, which has changed by -0.9552448 over the last 52 weeks, in comparison to a change of 0.16845357 over the same period for the S&P500. Over the past 52 weeks, XTIA has reached a high of $60.00, while it has fallen to a 52-week low of $0.96. The 50-Day Moving Average of the stock is -9.15%, while the 200-Day Moving Average is calculated to be -48.08%.

Shares Statistics:

XTIA traded an average of 1.80M shares per day over the past three months and 1017090 shares per day over the past ten days. A total of 30.83M shares are outstanding, with a floating share count of 30.68M. Insiders hold about 0.47% of the company’s shares, while institutions hold 6.94% stake in the company. Shares short for XTIA as of 1757894400 were 2331098 with a Short Ratio of 1.30, compared to 1755216000 on 1881068. Therefore, it implies a Short% of Shares Outstanding of 2331098 and a Short% of Float of 7.57.

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