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As of close of business last night, Beyond Air Inc’s stock clocked out at $0.48, up 11.65% from its previous closing price of $0.43. In other words, the price has increased by $11.65 from its previous closing price. On the day, 0.82 million shares were traded. XAIR stock price reached its highest trading level at $0.495 during the session, while it also had its lowest trading level at $0.4305.
Ratios:
To gain a deeper understanding of XAIR’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.42 and its Current Ratio is at 2.63. In the meantime, Its Debt-to-Equity ratio is 1.10 whereas as Long-Term Debt/Eq ratio is at 1.04.
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:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Sep 26 ’24 when Carey Robert bought 1,476,626 shares for $0.50 per share. The transaction valued at 744,662 led to the insider holds 1,476,626 shares of the business.
Lisi Steven A. bought 1,476,626 shares of XAIR for $744,662 on Sep 26 ’24. The CEO and Chairman of the Board now owns 3,249,411 shares after completing the transaction at $0.50 per share. On Aug 22 ’24, another insider, Avniel Amir, who serves as the Officer of the company, bought 180,415 shares for $0.46 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, XAIR now has a Market Capitalization of 34136732 and an Enterprise Value of 20101242. For the stock, the TTM Price-to-Sale (P/S) ratio is 19.36 while its Price-to-Book (P/B) ratio in mrq is 1.36. Its current Enterprise Value per Revenue stands at 11.274 whereas that against EBITDA is -0.344.
Stock Price History:
Over the past 52 weeks, XAIR has reached a high of $2.61, while it has fallen to a 52-week low of $0.30. The 50-Day Moving Average of the stock is 21.28%, while the 200-Day Moving Average is calculated to be -53.60%.
Shares Statistics:
It appears that XAIR traded 546.00K shares on average per day over the past three months and 501670 shares per day over the past ten days. A total of 72.19M shares are outstanding, with a floating share count of 56.14M. Insiders hold about 22.24% of the company’s shares, while institutions hold 25.90% stake in the company. Shares short for XAIR as of 1728950400 were 1350599 with a Short Ratio of 2.47, compared to 1726185600 on 444132. Therefore, it implies a Short% of Shares Outstanding of 1350599 and a Short% of Float of 2.0399998999999998.
