Closing Bell Recap: Exela Technologies Inc (XELA) Ends at 1.15, Reflecting a -41.92 Downturn

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Exela Technologies Inc (NASDAQ: XELA) closed the day trading at $1.15 down -41.92% from the previous closing price of $1.98. In other words, the price has decreased by -$41.92 from its previous closing price. On the day, 2.55 million shares were traded. XELA stock price reached its highest trading level at $1.5 during the session, while it also had its lowest trading level at $1.1201.

Ratios:

For a better understanding of XELA, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 0.14 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 0.25. For the most recent quarter (mrq), Quick Ratio is recorded 0.35 and its Current Ratio is at 0.38.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, B. Riley Securities on March 23, 2022, Downgraded its rating to Neutral and sets its target price to $0.55 from $3 previously.

On August 31, 2021, B. Riley Securities started tracking the stock assigning a Buy rating and target price of $4.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, XELA now has a Market Capitalization of 12643560 and an Enterprise Value of 1089914112. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.01. Its current Enterprise Value per Revenue stands at 1.066 whereas that against EBITDA is 20.654.

Stock Price History:

Over the past 52 weeks, XELA has reached a high of $4.34, while it has fallen to a 52-week low of $1.83. The 50-Day Moving Average of the stock is -42.45%, while the 200-Day Moving Average is calculated to be -49.02%.

Shares Statistics:

Over the past 3-months, XELA traded about 54.29K shares per day on average, while over the past 10 days, XELA traded about 79490 shares per day. A total of 6.37M shares are outstanding, with a floating share count of 6.31M. Insiders hold about 0.86% of the company’s shares, while institutions hold 6.86% stake in the company. Shares short for XELA as of 1728950400 were 780220 with a Short Ratio of 14.37, compared to 1726185600 on 770375. Therefore, it implies a Short% of Shares Outstanding of 780220 and a Short% of Float of 13.56.

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