Company’s 36-month beta value is 1.92.Analysts have differing opinions on the stock, with 1 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for XELA is 6.31M, and currently, short sellers hold a 11.19% ratio of that floaft. The average trading volume of XELA on May 07, 2024 was 151.03K shares.
XELA) stock’s latest price update
Exela Technologies Inc (NASDAQ: XELA)’s stock price has gone rise by 22.75 in comparison to its previous close of 2.11, however, the company has experienced a 12.12% increase 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
XELA’s stock has risen by 12.12% in the past week, with a monthly rise of 13.10% and a quarterly rise of 24.52%. The volatility ratio for the week is 11.73% while the volatility levels for the last 30 days are 9.97% for Exela Technologies Inc The simple moving average for the past 20 days is 17.42% for XELA’s stock, with a -19.95% 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 10.67% 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 -70.73% of loss for the given period.
Volatility was left at 9.97%, however, over the last 30 days, the volatility rate increased by 11.73%, as shares surge +0.39% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +23.33% upper at present.
During the last 5 trading sessions, XELA rose by +12.12%, which changed the moving average for the period of 200-days by -49.51% in comparison to the 20-day moving average, which settled at $2.21. In addition, Exela Technologies Inc saw -22.92% 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 a nutshell, Exela Technologies Inc (XELA) has experienced a mixed 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.
