Moreover, the 36-month beta value for XHG is -0.86. Analysts have varying opinions 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 XHG is 4.30M and currently, short sellers hold a 9.70% of that float. On October 11, 2024, XHG’s average trading volume was 8.03M shares.
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XHG) stock’s latest price update
The stock of XChange Tec.Inc. ADR (NASDAQ: XHG) has decreased by -8.02 when compared to last closing price of 0.25. Despite this, the company has experienced a -11.73% fall in its stock price over the last five trading sessions. 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’s Market Performance
XChange Tec.Inc. ADR (XHG) has experienced a -11.73% fall in stock performance for the past week, with a -63.57% drop in the past month, and a -78.39% drop in the past quarter. The volatility ratio for the week is 28.64%, and the volatility levels for the past 30 days are at 75.94% for XHG. The simple moving average for the last 20 days is -56.47% for XHG stock, with a simple moving average of -70.98% for the last 200 days.
XHG Trading at -69.44% 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 -98.53% of loss for the given period.
Volatility was left at 75.94%, however, over the last 30 days, the volatility rate increased by 28.64%, as shares sank -62.47% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -80.39% lower at present.
During the last 5 trading sessions, XHG fell by -10.50%, which changed the moving average for the period of 200-days by -81.38% in comparison to the 20-day moving average, which settled at $0.5274. In addition, XChange Tec.Inc. ADR saw -88.53% 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
To wrap up, the performance of XChange Tec.Inc. ADR (XHG) has been bad in recent times. The stock has received a mixed of “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.
