Mobix Labs Inc (NASDAQ: MOBX)’s stock price has gone rise by 16.08 in comparison to its previous close of 1.99, however, the company has experienced a 16.67% increase in its stock price over the last five trading days.
Is It Worth Investing in Mobix Labs Inc (NASDAQ: MOBX) Right Now?
The stock has a 36-month beta value of -0.39.
The public float for MOBX is 15.79M, and at present, short sellers hold a 0.27% of that float. On April 24, 2024, the average trading volume of MOBX was 99.33K shares.
MOBX’s Market Performance
MOBX’s stock has seen a 16.67% increase for the week, with a 5.00% rise in the past month and a -13.48% fall in the past quarter. The volatility ratio for the week is 10.55%, and the volatility levels for the past 30 days are at 9.14% for Mobix Labs Inc The simple moving average for the past 20 days is 14.78% for MOBX’s stock, with a -69.31% simple moving average for the past 200 days.
MOBX Trading at 5.43% from the 50-Day Moving Average
After a stumble in the market that brought MOBX to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -81.52% of loss for the given period.
Volatility was left at 9.14%, however, over the last 30 days, the volatility rate increased by 10.55%, as shares surge +12.68% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -9.41% lower at present.
During the last 5 trading sessions, MOBX rose by +16.67%, which changed the moving average for the period of 200-days by -77.29% in comparison to the 20-day moving average, which settled at $2.0300. In addition, Mobix Labs Inc saw -42.54% 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 MOBX starting from Chavant Capital Partners LLC, who purchase 199,737 shares at the price of $10.00 back on Dec 21 ’23. After this action, Chavant Capital Partners LLC now owns 1,121,919 shares of Mobix Labs Inc, valued at $1,997,370 using the latest closing price.
Stock Fundamentals for MOBX
Current profitability levels for the company are sitting at:
- -91.82 for the present operating margin
- -0.7 for the gross margin
The net margin for Mobix Labs Inc stands at -38.51. The total capital return value is set at -1.45. Equity return is now at value -27.33, with -20.91 for asset returns.
Based on Mobix Labs Inc (MOBX), the company’s capital structure generated 0.6 points at debt to capital in total, while cash flow to debt ratio is standing at -1.06. The debt to equity ratio resting at 1.48. The interest coverage ratio of the stock is -17.63.
Currently, EBITDA for the company is -22.35 million with net debt to EBITDA at 0.29. When we switch over and look at the enterprise to sales, we see a ratio of 161.81. The receivables turnover for the company is 1.05for trailing twelve months and the total asset turnover is 0.01. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.74.
Conclusion
To sum up, Mobix Labs Inc (MOBX) has seen a mixed performance recently. Analysts have differing views on the stock, with some seeing 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.
