Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
The price of XTI Aerospace Inc (NASDAQ: XTIA) closed at $1.82 in the last session, up 2.82% from day before closing price of $1.77. In other words, the price has increased by $2.82 from its previous closing price. On the day, 0.93 million shares were traded. XTIA stock price reached its highest trading level at $1.8699 during the session, while it also had its lowest trading level at $1.76.
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 0.99 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 31231564 and an Enterprise Value of 16839036. For the stock, the TTM Price-to-Sale (P/S) ratio is 12.12 while its Price-to-Book (P/B) ratio in mrq is 2.63. Its current Enterprise Value per Revenue stands at 5.548 whereas that against EBITDA is -0.555.
Stock Price History:
The Beta on a monthly basis for XTIA is 0.01, which has changed by -0.96834785 over the last 52 weeks, in comparison to a change of 0.15222645 over the same period for the S&P500. Over the past 52 weeks, XTIA has reached a high of $62.50, while it has fallen to a 52-week low of $0.96. The 50-Day Moving Average of the stock is -20.32%, while the 200-Day Moving Average is calculated to be -63.46%.
Shares Statistics:
According to the various share statistics, XTIA traded on average about 3.47M shares per day over the past 3-months and 944800 shares per day over the past 10 days. Insiders hold about 5.11% of the company’s shares, while institutions hold 13.43% stake in the company. Shares short for XTIA as of 1753920000 were 1617799 with a Short Ratio of 0.47, compared to 1751241600 on 721986. Therefore, it implies a Short% of Shares Outstanding of 1617799 and a Short% of Float of 9.4399996.