The Impact of Market Fluctuations on Xiao-I Corp ADR’s (AIXI) Stock

TEAM

The stock of Xiao-I Corp ADR (AIXI) has gone down by -3.20% for the week, with a -32.40% drop in the past month and a -43.72% drop in the past quarter. The volatility ratio for the week is 11.30%, and the volatility levels for the past 30 days are 11.16% for AIXI. The simple moving average for the past 20 days is -11.53% for AIXI’s stock, with a -51.43% simple moving average for the past 200 days.

Is It Worth Investing in Xiao-I Corp ADR (NASDAQ: AIXI) Right Now?

Company’s 36-month beta value is 4.23.Analysts have differing opinions on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”

The average trading volume of AIXI on May 09, 2024 was 110.70K shares.

AIXI) stock’s latest price update

Xiao-I Corp ADR (NASDAQ: AIXI) has experienced a decline in its stock price by -3.97 compared to its previous closing price of 1.26. However, the company has seen a fall of -3.20% in its stock price over the last five trading days. Seeking Alpha reported 2024-04-30 that Xiao-I Corporation (NASDAQ:AIXI ) Q4 2023 Earnings Conference Call April 30, 2024 8:00 AM ET Company Participants Berry Xia – IR Director Hui Yuan – CEO Wei Weng – CFO Conference Call Participants Brian Lantier – Zacks Small-Cap Research Operator Good day ladies and gentlemen. Thank you for standing by, and we warmly welcome you all to the Xiao-I First Full Year 2023 Earnings Conference Call.

AIXI Trading at -27.69% from the 50-Day Moving Average

After a stumble in the market that brought AIXI to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -88.35% of loss for the given period.

Volatility was left at 11.16%, however, over the last 30 days, the volatility rate increased by 11.30%, as shares sank -29.73% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -39.29% lower at present.

During the last 5 trading sessions, AIXI rose by +0.06%, which changed the moving average for the period of 200-days by -78.87% in comparison to the 20-day moving average, which settled at $1.3413. In addition, Xiao-I Corp ADR saw -46.70% in overturn over a single year, with a tendency to cut further losses.

Stock Fundamentals for AIXI

Current profitability levels for the company are sitting at:

  • -0.42 for the present operating margin
  • 0.71 for the gross margin

The net margin for Xiao-I Corp ADR stands at -0.54. The total capital return value is set at -20.98.

The debt to equity ratio resting at -9.01. The interest coverage ratio of the stock is -16.43.

Currently, EBITDA for the company is -2.91 million with net debt to EBITDA at -0.28. When we switch over and look at the enterprise to sales, we see a ratio of 1.51. The receivables turnover for the company is 14.28for trailing twelve months and the total asset turnover is 6.46. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.66.

Conclusion

In a nutshell, Xiao-I Corp ADR (AIXI) 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.

Most Popular

Related Posts