For those desiring to outshine the market, the strategic selection of individual stocks is paramount. Well-chosen stocks have the potential to substantially boost your wealth.
Beyond Air Inc (NASDAQ: XAIR) closed the day trading at $0.36 up 0.22% from the previous closing price of $0.36. In other words, the price has increased by $0.22 from its previous closing price. On the day, 1.37 million shares were traded. XAIR stock price reached its highest trading level at $0.36 during the session, while it also had its lowest trading level at $0.3368.
Ratios:
For a better understanding of XAIR, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 5.38 and its Current Ratio is at 5.76. In the meantime, Its Debt-to-Equity ratio is 0.63 whereas as Long-Term Debt/Eq ratio is at 0.61.
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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. 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 25987538 and an Enterprise Value of 20892090. For the stock, the TTM Price-to-Sale (P/S) ratio is 11.13 while its Price-to-Book (P/B) ratio in mrq is 0.92. Its current Enterprise Value per Revenue stands at 11.717 whereas that against EBITDA is -0.358.
Stock Price History:
Over the past 52 weeks, XAIR has reached a high of $2.17, while it has fallen to a 52-week low of $0.30. The 50-Day Moving Average of the stock is -24.24%, while the 200-Day Moving Average is calculated to be -52.05%.
Shares Statistics:
Over the past 3-months, XAIR traded about 1.08M shares per day on average, while over the past 10 days, XAIR traded about 3056980 shares per day. A total of 72.19M shares are outstanding, with a floating share count of 61.84M. Insiders hold about 14.33% of the company’s shares, while institutions hold 23.10% stake in the company. Shares short for XAIR as of 1730332800 were 1453196 with a Short Ratio of 1.09, compared to 1727654400 on 1079431. Therefore, it implies a Short% of Shares Outstanding of 1453196 and a Short% of Float of 2.27.
