X3 Holdings Co Ltd. (XTKG): A Technical Analysis

XTKG has 36-month beta value of 1.51. Analysts have mixed views on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”

The public float for XTKG is 275.15M, and currently, short sellers hold a 0.02% ratio of that float. The average trading volume of XTKG on September 24, 2024 was 271.21K shares.

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XTKG) stock’s latest price update

The stock of X3 Holdings Co Ltd. (NASDAQ: XTKG) has decreased by -4.03 when compared to last closing price of 0.19.Despite this, the company has seen a loss of -9.82% in its stock price over the last five trading days. prnewswire.com reported 2024-04-11 that SINGAPORE, April 11, 2024 /PRNewswire/ — X3 Holdings Co., Ltd.  (Nasdaq: XTKG) (the “Company” or “XTKG”), a global provider of digital solutions and technology services spanning diverse industries, today announced that it has received a notification letter (the “Notification Letter”) from the Nasdaq Stock Market LLC (the “Nasdaq”) dated April 10, 2024, notifying the Company that it is not in compliance with the minimum bid price requirement as set forth under Nasdaq Listing Rule 5550(a)(2) for continued listing on the Nasdaq.

XTKG’s Market Performance

X3 Holdings Co Ltd. (XTKG) has seen a -9.82% fall in stock performance for the week, with a -47.54% decline in the past month and a -66.92% plunge in the past quarter. The volatility ratio for the week is 10.68%, and the volatility levels for the past 30 days are at 12.40% for XTKG. The simple moving average for the past 20 days is -21.06% for XTKG’s stock, with a -73.10% simple moving average for the past 200 days.

XTKG Trading at -46.32% 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 -88.82% of loss for the given period.

Volatility was left at 12.40%, however, over the last 30 days, the volatility rate increased by 10.68%, as shares sank -41.90% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -68.45% lower at present.

During the last 5 trading sessions, XTKG fell by -10.12%, which changed the moving average for the period of 200-days by -81.00% in comparison to the 20-day moving average, which settled at $0.2260. In addition, X3 Holdings Co Ltd. saw -87.03% 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:

  • -1.28 for the present operating margin
  • 0.08 for the gross margin

The net margin for X3 Holdings Co Ltd. stands at -6.51. The total capital return value is set at -0.22. Equity return is now at value -79.38, with -63.16 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 -1.69. The debt to equity ratio resting at 0.07. The interest coverage ratio of the stock is -224.91.

Currently, EBITDA for the company is 84.61 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 2.31. The receivables turnover for the company is 1.06for trailing twelve months and the total asset turnover is 0.14. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.98.

Conclusion

To put it simply, X3 Holdings Co Ltd. (XTKG) has had a bad performance in recent times. Analysts have a mixed opinion on the stock, with some rating 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.

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