XChange Tec.Inc. ADR (XHG) Stock: Evaluating the Market Performance

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 5.45% of that float. On October 30, 2024, XHG’s average trading volume was 8.80M shares.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

XHG) stock’s latest price update

XChange Tec.Inc. ADR (NASDAQ: XHG)’s stock price has gone decline by -4.29 in comparison to its previous close of 0.19, however, the company has experienced a -9.00% decrease in its stock price over the last five trading days. businesswire.com reported 2024-10-30 that BETHESDA, Md.–(BUSINESS WIRE)–Quantum Xchange today announced that its crypto-agile, PQC management platform, Phio TX™ has achieved FIPS 140-3 certification, meeting the rigorous security requirements for cryptographic modules used by the U.S. Government, its agency partners, and commercial businesses. Federal Information Processing Standard (FIPS) 140-3, published by the National Institute of Standards and Technology (NIST), is the U.S. government standard used in designing and implementing.

XHG’s Market Performance

XChange Tec.Inc. ADR (XHG) has experienced a -9.00% fall in stock performance for the past week, with a -52.47% drop in the past month, and a -84.58% drop in the past quarter. The volatility ratio for the week is 6.93%, and the volatility levels for the past 30 days are at 20.77% for XHG. The simple moving average for the past 20 days is -14.43% for XHG’s stock, with a -74.66% simple moving average for the past 200 days.

XHG Trading at -64.80% 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 -98.48% of loss for the given period.

Volatility was left at 20.77%, however, over the last 30 days, the volatility rate increased by 6.93%, as shares sank -44.31% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -81.40% lower at present.

During the last 5 trading sessions, XHG fell by -9.50%, which changed the moving average for the period of 200-days by -79.55% in comparison to the 20-day moving average, which settled at $0.2138. In addition, XChange Tec.Inc. ADR saw -90.85% 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.

Related Posts