Gaxos.AI Inc (NASDAQ: GXAI) has experienced a decline in its stock price by -6.00 compared to its previous closing price of 5.33. However, the company has seen a fall of -13.62% in its stock price over the last five trading days.
Is It Worth Investing in Gaxos.AI Inc (NASDAQ: GXAI) Right Now?
The stock has a 36-month beta value of 3.68.
The public float for GXAI is 0.84M, and at present, short sellers hold a 4.96% of that float. On April 26, 2024, the average trading volume of GXAI was 993.18K shares.
GXAI’s Market Performance
The stock of Gaxos.AI Inc (GXAI) has seen a -13.62% decrease in the past week, with a -19.97% drop in the past month, and a 83.11% gain in the past quarter. The volatility ratio for the week is 11.46%, and the volatility levels for the past 30 days are at 11.72% for GXAI. The simple moving average for the past 20 days is -18.32% for GXAI’s stock, with a -9.67% simple moving average for the past 200 days.
GXAI Trading at -19.65% from the 50-Day Moving Average
After a stumble in the market that brought GXAI to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -73.91% of loss for the given period.
Volatility was left at 11.72%, however, over the last 30 days, the volatility rate increased by 11.46%, as shares sank -18.40% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +91.43% upper at present.
During the last 5 trading sessions, GXAI fell by -13.62%, which changed the moving average for the period of 200-days by -40.37% in comparison to the 20-day moving average, which settled at $6.08. In addition, Gaxos.AI Inc saw 22.79% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at GXAI starting from MATS VADIM, who purchase 2,750 shares at the price of $0.66 back on Jun 22 ’23. After this action, MATS VADIM now owns 2,674,423 shares of Gaxos.AI Inc, valued at $1,817 using the latest closing price.
MATS VADIM, the CEO & Chairman of Gaxos.AI Inc, purchase 2,500 shares at $1.00 during a trade that took place back on May 17 ’23, which means that MATS VADIM is holding 2,671,673 shares at $2,500 based on the most recent closing price.
Stock Fundamentals for GXAI
Equity return is now at value -192.04, with -170.27 for asset returns.
The liquidity ratio also appears to be rather interesting for investors as it stands at 13.49.
Conclusion
To sum up, Gaxos.AI Inc (GXAI) 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.
