The closing price of Gaxos.AI Inc (NASDAQ: GXAI) was $0.66 for the day, up 25.40% from the previous closing price of $0.53. In other words, the price has increased by $+0.1345 from its previous closing price. On the day, 7470646 shares were traded.
Ratios:
Our analysis of GXAI’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 21.91 and its Current Ratio is at 21.91. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Jun 22 when MATS VADIM bought 2,750 shares for $0.66 per share. The transaction valued at 1,817 led to the insider holds 2,674,423 shares of the business.
MATS VADIM bought 2,500 shares of GXAI for $2,500 on May 17. The CEO & Chairman now owns 2,671,673 shares after completing the transaction at $1.00 per share.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, GXAI now has a Market Capitalization of 6.28M and an Enterprise Value of 1.94M.
Stock Price History:
Over the past 52 weeks, GXAI has reached a high of $2.51, while it has fallen to a 52-week low of $0.18. The 50-Day Moving Average of the stock is 0.3110, while the 200-Day Moving Average is calculated to be 0.5160.
Shares Statistics:
GXAI traded an average of 2.44M shares per day over the past three months and 13.04M shares per day over the past ten days. A total of 12.10M shares are outstanding, with a floating share count of 9.26M. Insiders hold about 22.82% of the company’s shares, while institutions hold 3.34% stake in the company. Shares short for GXAI as of Jan 31, 2024 were 368.75k with a Short Ratio of 0.15, compared to 11.28k on Dec 15, 2023. Therefore, it implies a Short% of Shares Outstanding of 3.11% and a Short% of Float of 4.03%.
