Beyond Air Inc. (NASDAQ:XAIR) went up by 13.21% from its latest closing price compared to the recent 1-year high of $15.83. The company’s stock price has collected -8.98% of loss in the last five trading sessions. Press Release reported on 11/18/21 that Beyond Air(R) Announces $30 Million of Committed Capital in Previously Reported Beyond Cancer(TM) Private Placement
Is It Worth Investing in Beyond Air Inc. (NASDAQ :XAIR) Right Now?
Plus, the 36-month beta value for XAIR is at -0.46. Opinions of the stock are interesting as 5 analysts out of 5 who provided ratings for Beyond Air Inc. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 0 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $15.40, which is $1.52 above the current price. XAIR currently public float of 22.07M and currently shorts hold a 7.52% ratio of that float. Today, the average trading volume of XAIR was 536.18K shares.
XAIR’s Market Performance
XAIR stocks went down by -8.98% for the week, with a monthly jump of 36.75% and a quarterly performance of 27.11%, while its annual performance rate touched 160.41%. The volatility ratio for the week stands at 11.70% while the volatility levels for the past 30 days are set at 10.59% for Beyond Air Inc.. The simple moving average for the period of the last 20 days is 15.56% for XAIR stocks with a simple moving average of 77.68% for the last 200 days.
Analysts’ Opinion of XAIR
Many brokerage firms have already submitted their reports for XAIR stocks, with Truist repeating the rating for XAIR by listing it as a “Buy.” The predicted price for XAIR in the upcoming period, according to Truist is $12 based on the research report published on April 28th of the current year 2021.
Oppenheimer, on the other hand, stated in their research note that they expect to see XAIR reach a price target of $9. The rating they have provided for XAIR stocks is “Outperform” according to the report published on October 22nd, 2019.
XAIR Trading at 21.71% from the 50-Day Moving Average
After a stumble in the market that brought XAIR to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -12.32% of loss for the given period.
Volatility was left at 10.59%, however, over the last 30 days, the volatility rate increased by 11.70%, as shares surge +38.52% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +22.40% upper at present.
During the last 5 trading sessions, XAIR fell by -8.98%, which changed the moving average for the period of 200-days by +104.42% in comparison to the 20-day moving average, which settled at $12.20. In addition, Beyond Air Inc. saw 163.38% in overturn over a single year, with a tendency to cut further gains.
Reports are indicating that there were more than several insider trading activities at XAIR starting from Carey Robert, who purchase 10,000 shares at the price of $12.05 back on Nov 22. After this action, Carey Robert now owns 503,418 shares of Beyond Air Inc., valued at $120,500 using the latest closing price.
Carey Robert, the Director of Beyond Air Inc., purchase 12,000 shares at $14.10 during a trade that took place back on Nov 19, which means that Carey Robert is holding 493,418 shares at $169,200 based on the most recent closing price.
Stock Fundamentals for XAIR
Current profitability levels for the company are sitting at:
- -2543.95 for the present operating margin
The net margin for Beyond Air Inc. stands at -2619.67. The total capital return value is set at -73.60, while invested capital returns managed to touch -77.16. Equity return is now at value -86.60, with -64.60 for asset returns.
Based on Beyond Air Inc. (XAIR), the company’s capital structure generated 22.75 points at debt to equity in total, while total debt to capital is 18.54. Total debt to assets is 17.10, with long-term debt to equity ratio resting at 20.55. Finally, the long-term debt to capital ratio is 16.74.
When we switch over and look at the enterprise to sales, we see a ratio of 1,159.65, with the company’s debt to enterprise value settled at 0.10. The receivables turnover for the company is 4.11 and the total asset turnover is 0.03. The liquidity ratio also appears to be rather interesting for investors as it stands at 9.80.