The 36-month beta value for XELA is also noteworthy at 1.94. There are mixed opinions on the stock, with 1 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”
The public float for XELA is 6.36M, and at present, short sellers hold a 10.38% of that float. The average trading volume of XELA on April 19, 2024 was 149.53K shares.
XELA) stock’s latest price update
The stock price of Exela Technologies Inc (NASDAQ: XELA) has dropped by -14.53 compared to previous close of 2.34. Despite this, the company has seen a fall of -19.68% in its stock price over the last five trading days. GlobeNewsWire reported 2024-04-15 that IRVING, Texas, April 15, 2024 (GLOBE NEWSWIRE) — Exela Technologies, Inc. (“Exela” or the “Company”) (NASDAQ:XELA, XELAP), a global business process automation (“BPA”) leader, will host a conference call with the financial community to discuss results for the fourth quarter and full year 2023 at 4:30 p.m. ET on April 17, 2024.
XELA’s Market Performance
Exela Technologies Inc (XELA) has seen a -19.68% fall in stock performance for the week, with a -9.50% decline in the past month and a -16.32% plunge in the past quarter. The volatility ratio for the week is 11.29%, and the volatility levels for the past 30 days are at 12.28% for XELA. The simple moving average for the past 20 days is -24.03% for XELA’s stock, with a -41.28% simple moving average for the past 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 23, 2022 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 -15.83% 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 -79.42% of loss for the given period.
Volatility was left at 12.28%, however, over the last 30 days, the volatility rate increased by 11.29%, as shares sank -17.01% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -6.54% lower at present.
During the last 5 trading sessions, XELA fell by -19.68%, which changed the moving average for the period of 200-days by -58.59% in comparison to the 20-day moving average, which settled at $2.61. In addition, Exela Technologies Inc saw -40.48% 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:
- -0.01 for the present operating margin
- 0.2 for the gross margin
The net margin for Exela Technologies Inc stands at -0.12. The total capital return value is set at -0.05.
Based on Exela Technologies Inc (XELA), the company’s capital structure generated 4.87 points at debt to capital in total, while cash flow to debt ratio is standing at 0.0. The debt to equity ratio resting at -1.26. The interest coverage ratio of the stock is -0.08.
Currently, EBITDA for the company is 80.18 million with net debt to EBITDA at 23.96. When we switch over and look at the enterprise to sales, we see a ratio of 0.99. The receivables turnover for the company is 13.84for trailing twelve months and the total asset turnover is 1.67. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.46.
Conclusion
In summary, Exela Technologies Inc (XELA) has had a bad performance as of late. Analysts have bullish 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.
