The stock of XChange Tec.Inc. ADR (XHG) has gone down by -73.34% for the week, with a -61.59% drop in the past month and a -75.70% drop in the past quarter. The volatility ratio for the week is 236.72%, and the volatility levels for the past 30 days are 72.31% for XHG. The simple moving average for the last 20 days is -60.30% for XHG’s stock, with a simple moving average of -68.33% for the last 200 days.
Is It Worth Investing in XChange Tec.Inc. ADR (NASDAQ: XHG) Right Now?
Additionally, the 36-month beta value for XHG is -0.87. 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.”
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The public float for XHG is 4.30M and currently, short sellers hold a 0.33% ratio of that float. The average trading volume of XHG on October 07, 2024 was 5.55M shares.
XHG) stock’s latest price update
XChange Tec.Inc. ADR (NASDAQ: XHG)’s stock price has gone decline by -11.86 in comparison to its previous close of 0.29, however, the company has experienced a -73.34% decrease in its stock price over the last five trading days. prnewswire.com reported 2024-09-24 that SHANGHAI, Sept. 24, 2024 /PRNewswire/ — XChange TEC.INC (NASDAQ: XHG) (the “Company”), today announced that on September 24, 2024, the Company entered into a Securities Purchase Agreement with VG Master Fund SPC (“VG”) pursuant to which the Company may from time to time sell VG up to $25.0 million of American Depositary Shares (“ADSs”) with each ADSs representing 600,000 of the Company’s Class A Ordinary Shares.
XHG Trading at -69.85% from the 50-Day Moving Average
After a stumble in the market that brought XHG to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -98.33% of loss for the given period.
Volatility was left at 72.31%, however, over the last 30 days, the volatility rate increased by 236.72%, as shares sank -61.19% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -77.97% lower at present.
During the last 5 trading sessions, XHG fell by -73.34%, which changed the moving average for the period of 200-days by -79.20% in comparison to the 20-day moving average, which settled at $0.6345. In addition, XChange Tec.Inc. ADR saw -87.00% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for XHG
The total capital return value is set at 0.04.
Based on XChange Tec.Inc. ADR (XHG), the company’s capital structure generated -0.07 points at debt to capital in total, while cash flow to debt ratio is standing at -0.93. The debt to equity ratio resting at -0.07. The interest coverage ratio of the stock is -16.42.
Currently, EBITDA for the company is 3.65 million with net debt to EBITDA at 1.65.
Conclusion
In conclusion, XChange Tec.Inc. ADR (XHG) has seen bad 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.
