The stock of Exela Technologies Inc. (XELA) has seen a -20.20% decrease in the past week, with a -25.98% drop in the past month, and a -63.96% decrease in the past quarter. The volatility ratio for the week is 12.84%, and the volatility levels for the past 30 days are at 14.13% for XELA. The simple moving average for the last 20 days is -17.22% for XELA stock, with a simple moving average of -94.87% for the last 200 days.
Is It Worth Investing in Exela Technologies Inc. (NASDAQ: XELA) Right Now?
The 36-month beta value for XELA is also noteworthy at 1.70. There are mixed opinions on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 1 rating it as “hold,” and 0 rating it as “sell.”
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The average price estimated by analysts for XELA is $2.00, which is $2.45 above than the current price. The public float for XELA is 121.96M, and at present, short sellers hold a 8.26% of that float. The average trading volume of XELA on March 17, 2023 was 158.25M shares.
XELA) stock’s latest price update
Exela Technologies Inc. (NASDAQ: XELA)’s stock price has increased by 3.07 compared to its previous closing price of 0.05. but the company has seen a -20.20% decline in its stock price over the last five trading sessions.
Analysts’ Opinion of XELA
The stock of Exela Technologies Inc. (XELA) has seen a -20.20% decrease in the past week, with a -25.98% drop in the past month, and a -63.96% decrease in the past quarter. The volatility ratio for the week is 12.84%, and the volatility levels for the past 30 days are at 14.13% for XELA. The simple moving average for the last 20 days is -17.22% for XELA stock, with a simple moving average of -94.87% for the last 200 days.
Analysts’ Opinion of XELA
Many brokerage firms have already submitted their reports for XELA stocks, with B. Riley Securities repeating the rating for XELA by listing it as a “Neutral.” The predicted price for XELA in the upcoming period, according to B. Riley Securities is $0.55 based on the research report published on March 23rd of the previous year 2022.
B. Riley Securities, on the other hand, stated in their research note that they expect to see XELA reach a price target of $4. The rating they have provided for XELA stocks is “Buy” according to the report published on August 31st, 2021.
XELA Trading at -28.36% from the 50-Day Moving Average
After a stumble in the market that brought XELA to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -99.57% of loss for the given period.
Volatility was left at 14.13%, however, over the last 30 days, the volatility rate increased by 12.84%, as shares sank -23.58% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -42.26% lower at present.
During the last 5 trading sessions, XELA fell by -20.20%, which changed the moving average for the period of 200-days by -98.93% in comparison to the 20-day moving average, which settled at $0.0561. In addition, Exela Technologies Inc. saw -42.68% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for XELA
Current profitability levels for the company are sitting at:
- +2.62 for the present operating margin
- +17.17 for the gross margin
The net margin for Exela Technologies Inc. stands at -12.21. Equity return is now at value 46.70, with -30.30 for asset returns.
The liquidity ratio also appears to be rather interesting for investors as it stands at 0.56.
Conclusion
In summary, Exela Technologies Inc. (XELA) has had a bad performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
