Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
After finishing at $0.35 in the prior trading day, Beyond Air Inc (NASDAQ: XAIR) closed at $0.32, down -7.31%. In other words, the price has decreased by -$7.31 from its previous closing price. On the day, 1.71 million shares were traded.
Ratios:
Our goal is to gain a better understanding of XAIR by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 3.12 and its Current Ratio is at 3.56. In the meantime, Its Debt-to-Equity ratio is 0.61 whereas as Long-Term Debt/Eq ratio is at 0.58.
On July 28, 2023, Piper Sandler started tracking the stock assigning a Overweight rating and target price of $10.
On June 15, 2023, BTIG Research started tracking the stock assigning a Buy rating and target price of $15.BTIG Research initiated its Buy rating on June 15, 2023, with a $15 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Feb 19 ’25 when Gaul Michael A. bought 6,000 shares for $0.38 per share. The transaction valued at 2,294 led to the insider holds 94,150 shares of the business.
Carey Robert bought 1,476,626 shares of XAIR for $744,662 on Sep 26 ’24. The Director now owns 1,476,626 shares after completing the transaction at $0.50 per share. On Sep 26 ’24, another insider, Lisi Steven A., who serves as the CEO and Chairman of the Board of the company, bought 1,476,626 shares for $0.50 each. As a result, the insider paid 744,662 and bolstered with 3,249,411 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 9.49 while its Price-to-Book (P/B) ratio in mrq is 1.37.
Stock Price History:
Over the past 52 weeks, XAIR has reached a high of $2.11, while it has fallen to a 52-week low of $0.30. The 50-Day Moving Average of the stock is -19.02%, while the 200-Day Moving Average is calculated to be -44.03%.
Shares Statistics:
A total of 88.28M shares are outstanding, with a floating share count of 75.63M. Insiders hold about 14.33% of the company’s shares, while institutions hold 23.12% stake in the company.
