Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
As of close of business last night, Xos Inc’s stock clocked out at $3.44, down -3.37% from its previous closing price of $3.56. In other words, the price has decreased by -$3.37 from its previous closing price. On the day, 1.33 million shares were traded. XOS stock price reached its highest trading level at $3.6671 during the session, while it also had its lowest trading level at $3.37.
Ratios:
To gain a deeper understanding of XOS’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.98 and its Current Ratio is at 1.76. In the meantime, Its Debt-to-Equity ratio is 0.59 whereas as Long-Term Debt/Eq ratio is at 0.00.
On October 23, 2024, ROTH MKM started tracking the stock assigning a Buy rating and target price of $15.
DA Davidson Downgraded its Buy to Neutral on August 16, 2024, whereas the target price for the stock was revised from $17 to $9.
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 Dec 05 ’24 when Pogosyan Liana sold 7,418 shares for $3.87 per share. The transaction valued at 28,695 led to the insider holds 61,570 shares of the business.
Liana Pogosyan bought 10,000 shares of XOS for $39,000 on Dec 05 ’24. On Dec 02 ’24, another insider, Romero Christen T, who serves as the General Counsel of the company, sold 20,000 shares for $4.00 each. As a result, the insider received 80,004 and left with 207,642 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, XOS now has a Market Capitalization of 27620930 and an Enterprise Value of 36610960. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.49 while its Price-to-Book (P/B) ratio in mrq is 0.82. Its current Enterprise Value per Revenue stands at 0.654 whereas that against EBITDA is -0.863.
Stock Price History:
The Beta on a monthly basis for XOS is 1.73, which has changed by -0.6482618 over the last 52 weeks, in comparison to a change of 0.06429911 over the same period for the S&P500. Over the past 52 weeks, XOS has reached a high of $11.14, while it has fallen to a 52-week low of $2.92. The 50-Day Moving Average of the stock is -6.37%, while the 200-Day Moving Average is calculated to be -25.77%.
Shares Statistics:
It appears that XOS traded 1.73M shares on average per day over the past three months and 184280 shares per day over the past ten days. A total of 8.05M shares are outstanding, with a floating share count of 2.76M. Insiders hold about 65.62% of the company’s shares, while institutions hold 2.80% stake in the company. Shares short for XOS as of 1741910400 were 428728 with a Short Ratio of 0.25, compared to 1739491200 on 446803. Therefore, it implies a Short% of Shares Outstanding of 428728 and a Short% of Float of 6.1.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
