The stock of X3 Holdings Co Ltd. (NASDAQ: XTKG) has increased by 17.51 when compared to last closing price of 0.65.Despite this, the company has seen a gain of 20.08% in its stock price over the last five trading days. InvestorPlace reported 2024-04-01 that X3 Holdings (NASDAQ: XTKG ) stock is falling on Monday even after the company announced a new strategic partnership this morning. According to a press release from X3 Holdings, this partnership is with a leading provider of semiconductor modules and devices.
Is It Worth Investing in X3 Holdings Co Ltd. (NASDAQ: XTKG) Right Now?
Additionally, the 36-month beta value for XTKG is 1.52. There are mixed opinions on the stock, with 0 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 XTKG is 4.52M and currently, short sellers hold a 10.39% ratio of that float. The average trading volume of XTKG on May 06, 2024 was 518.85K shares.
XTKG’s Market Performance
XTKG stock saw an increase of 20.08% in the past week, with a monthly gain of 14.90% and a quarterly increase of -41.72%. The volatility ratio for the week is 16.33%, and the volatility levels for the last 30 days are 12.43% for X3 Holdings Co Ltd. (XTKG). The simple moving average for the past 20 days is 20.09% for XTKG’s stock, with a -28.10% simple moving average for the past 200 days.
XTKG Trading at 17.81% from the 50-Day Moving Average
After a stumble in the market that brought XTKG to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -96.34% of loss for the given period.
Volatility was left at 12.43%, however, over the last 30 days, the volatility rate increased by 16.33%, as shares surge +14.91% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -5.95% lower at present.
During the last 5 trading sessions, XTKG rose by +20.08%, which changed the moving average for the period of 200-days by -73.51% in comparison to the 20-day moving average, which settled at $0.6459. In addition, X3 Holdings Co Ltd. saw -45.61% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for XTKG
Current profitability levels for the company are sitting at:
- -3.18 for the present operating margin
- 0.2 for the gross margin
The net margin for X3 Holdings Co Ltd. stands at -6.51. The total capital return value is set at -0.37. Equity return is now at value -70.81, with -44.57 for asset returns.
Based on X3 Holdings Co Ltd. (XTKG), the company’s capital structure generated 0.07 points at debt to capital in total, while cash flow to debt ratio is standing at -1.13.
Currently, EBITDA for the company is 84.61 million with net debt to EBITDA at 0.08. When we switch over and look at the enterprise to sales, we see a ratio of 12.93. The receivables turnover for the company is 0.7for trailing twelve months and the total asset turnover is 0.1. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.07.
Conclusion
In conclusion, X3 Holdings Co Ltd. (XTKG) has seen mixed performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it 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.
