The stock of eXp World Holdings Inc (NASDAQ: EXPI) has increased by 2.56 when compared to last closing price of 9.75.Despite this, the company has seen a loss of -1.67% in its stock price over the last five trading days. GlobeNewsWire reported 2024-04-17 that Management to discuss first quarter 2024 results and host investor Q&A at virtual event Management to discuss first quarter 2024 results and host investor Q&A at virtual event
Is It Worth Investing in eXp World Holdings Inc (NASDAQ: EXPI) Right Now?
Company’s 36-month beta value is 2.29.Analysts have differing opinions on the stock, with 0 analysts rating it as a “buy,” 1 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for EXPI is 78.22M, and currently, short sellers hold a 25.31% ratio of that floaft. The average trading volume of EXPI on April 19, 2024 was 1.14M shares.
EXPI’s Market Performance
The stock of eXp World Holdings Inc (EXPI) has seen a -1.67% decrease in the past week, with a 8.11% rise in the past month, and a -22.48% fall in the past quarter. The volatility ratio for the week is 3.87%, and the volatility levels for the past 30 days are at 5.19% for EXPI. The simple moving average for the last 20 days is 0.13% for EXPI’s stock, with a simple moving average of -34.65% for the last 200 days.
Analysts’ Opinion of EXPI
Many brokerage firms have already submitted their reports for EXPI stocks, with BTIG Research repeating the rating for EXPI by listing it as a “Sell.” The predicted price for EXPI in the upcoming period, according to BTIG Research is $14 based on the research report published on July 18, 2023 of the previous year 2023.
Berenberg, on the other hand, stated in their research note that they expect to see EXPI reach a price target of $53. The rating they have provided for EXPI stocks is “Buy” according to the report published on July 21st, 2021.
EXPI Trading at -10.04% from the 50-Day Moving Average
After a stumble in the market that brought EXPI to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -60.61% of loss for the given period.
Volatility was left at 5.19%, however, over the last 30 days, the volatility rate increased by 3.87%, as shares surge +5.71% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -19.35% lower at present.
During the last 5 trading sessions, EXPI fell by -1.67%, which changed the moving average for the period of 200-days by -50.52% in comparison to the 20-day moving average, which settled at $10.01. In addition, eXp World Holdings Inc saw -35.57% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at EXPI starting from Gesing Jason, who sale 60,000 shares at the price of $16.59 back on Dec 14 ’23. After this action, Gesing Jason now owns 2,237,858 shares of eXp World Holdings Inc, valued at $995,364 using the latest closing price.
Gesing Jason, the Director of eXp World Holdings Inc, sale 20,000 shares at $19.28 during a trade that took place back on Sep 06 ’23, which means that Gesing Jason is holding 2,297,858 shares at $385,618 based on the most recent closing price.
Stock Fundamentals for EXPI
Current profitability levels for the company are sitting at:
- -0.0 for the present operating margin
- 0.08 for the gross margin
The net margin for eXp World Holdings Inc stands at -0.0. The total capital return value is set at -0.03. Equity return is now at value -3.66, with -2.34 for asset returns.
Based on eXp World Holdings Inc (EXPI), the company’s capital structure generated 0.0 points at debt to capital in total, while cash flow to debt ratio is standing at 20913.1.
Currently, EBITDA for the company is 3.63 million with net debt to EBITDA at -47.02. When we switch over and look at the enterprise to sales, we see a ratio of 0.32. The receivables turnover for the company is 49.8for trailing twelve months and the total asset turnover is 11.1. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.88.
Conclusion
In a nutshell, eXp World Holdings Inc (EXPI) has experienced a bad performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. 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.
