Market Highlights: XTI Aerospace Inc (XTIA) Ends on a High Note at 2.04

In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.

The price of XTI Aerospace Inc (NASDAQ: XTIA) closed at $2.04 in the last session, up 13.97% from day before closing price of $1.79. In other words, the price has increased by $13.97 from its previous closing price. On the day, 3.28 million shares were traded. XTIA stock price reached its highest trading level at $2.14 during the session, while it also had its lowest trading level at $1.83.

Ratios:

We take a closer look at XTIA’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 0.82 and its Current Ratio is at 1.00. 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 32209968 and an Enterprise Value of 2424690. For the stock, the TTM Price-to-Sale (P/S) ratio is 10.09 while its Price-to-Book (P/B) ratio in mrq is 0.70. Its current Enterprise Value per Revenue stands at 0.7 whereas that against EBITDA is -0.07.

Stock Price History:

The Beta on a monthly basis for XTIA is -0.05, which has changed by -0.97745854 over the last 52 weeks, in comparison to a change of 0.10500872 over the same period for the S&P500. Over the past 52 weeks, XTIA has reached a high of $101.78, while it has fallen to a 52-week low of $0.96. The 50-Day Moving Average of the stock is 1.38%, while the 200-Day Moving Average is calculated to be -80.40%.

Shares Statistics:

According to the various share statistics, XTIA traded on average about 2.94M shares per day over the past 3-months and 3441140 shares per day over the past 10 days. A total of 17.16M shares are outstanding, with a floating share count of 16.28M. Insiders hold about 5.11% of the company’s shares, while institutions hold 4.44% stake in the company. Shares short for XTIA as of 1749772800 were 3382245 with a Short Ratio of 1.15, compared to 1747267200 on 426854. Therefore, it implies a Short% of Shares Outstanding of 3382245 and a Short% of Float of 41.369998.