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In the latest session, Beyond Air Inc (NASDAQ: XAIR) closed at $0.36 down -4.01% from its previous closing price of $0.38. In other words, the price has decreased by -$4.01 from its previous closing price. On the day, 2.81 million shares were traded. XAIR stock price reached its highest trading level at $0.3749 during the session, while it also had its lowest trading level at $0.3105.
Ratios:
For a deeper understanding of Beyond Air Inc’s stock, let’s take a closer look at its various 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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Aug 22 ’24 when Avniel Amir bought 180,415 shares for $0.46 per share.
Lisi Steven A. bought 50,000 shares of XAIR for $18,340 on Aug 15 ’24. The CEO and Chairman of the Board now owns 1,772,785 shares after completing the transaction at $0.37 per share. On Aug 14 ’24, another insider, Lucera Erick, who serves as the Director of the company, bought 39,266 shares for $0.40 each. As a result, the insider paid 15,565 and bolstered with 43,608 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, XAIR now has a Market Capitalization of 16933462 and an Enterprise Value of 14830467. For the stock, the TTM Price-to-Sale (P/S) ratio is 9.51 while its Price-to-Book (P/B) ratio in mrq is 1.04. Its current Enterprise Value per Revenue stands at 8.318 whereas that against EBITDA is -0.254.
Stock Price History:
Over the past 52 weeks, XAIR has reached a high of $2.62, while it has fallen to a 52-week low of $0.36. The 50-Day Moving Average of the stock is -20.77%, while the 200-Day Moving Average is calculated to be -69.48%.
Shares Statistics:
For the past three months, XAIR has traded an average of 550.25K shares per day and 431660 over the past ten days. A total of 45.90M shares are outstanding, with a floating share count of 37.65M. Insiders hold about 19.06% of the company’s shares, while institutions hold 25.96% stake in the company. Shares short for XAIR as of 1726185600 were 444132 with a Short Ratio of 0.81, compared to 1723680000 on 746983. Therefore, it implies a Short% of Shares Outstanding of 444132 and a Short% of Float of 1.08.
