The stock of Gaxos.AI Inc (GXAI) has seen a -2.08% decrease in the past week, with a -4.73% drop in the past month, and a -39.22% decrease in the past quarter. The volatility ratio for the week is 19.22%, and the volatility levels for the past 30 days are at 10.07% for GXAI. The simple moving average for the past 20 days is -1.40% for GXAI’s stock, with a -59.64% simple moving average for the past 200 days.
Is It Worth Investing in Gaxos.AI Inc (NASDAQ: GXAI) Right Now?
Additionally, the 36-month beta value for GXAI is 3.39.
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The public float for GXAI is 1.67M and currently, short sellers hold a 1.76% ratio of that float. The average trading volume of GXAI on November 18, 2024 was 1.88M shares.
GXAI) stock’s latest price update
Gaxos.AI Inc (NASDAQ: GXAI)’s stock price has dropped by -19.89 in relation to previous closing price of 1.76. Nevertheless, the company has seen a loss of -2.08% in its stock price over the last five trading days. globenewswire.com reported 2024-11-14 that Roseland, NJ, Nov. 14, 2024 (GLOBE NEWSWIRE) — Gaxos.ai Inc. (“Gaxos” or the “Company”), a company developing artificial intelligence applications across various sectors, announced today that the Company’s Board of Directors approved the purchase of up to $1 million in Bitcoin.
GXAI Trading at -14.05% from the 50-Day Moving Average
After a stumble in the market that brought GXAI to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -92.66% of loss for the given period.
Volatility was left at 10.07%, however, over the last 30 days, the volatility rate increased by 19.22%, as shares sank -7.24% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -40.00% lower at present.
During the last 5 trading sessions, GXAI fell by -2.08%, which changed the moving average for the period of 200-days by -44.34% in comparison to the 20-day moving average, which settled at $1.4300. In addition, Gaxos.AI Inc saw -65.44% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for GXAI
Current profitability levels for the company are sitting at:
- -1220.19 for the present operating margin
- -7.9 for the gross margin
The net margin for Gaxos.AI Inc stands at -1136.88. The total capital return value is set at 16.83. Equity return is now at value -61.84, with -58.60 for asset returns.
Currently, EBITDA for the company is -3.95 million with net debt to EBITDA at 1.44. When we switch over and look at the enterprise to sales, we see a ratio of -859.04. The liquidity ratio also appears to be rather interesting for investors as it stands at 17.12.
Conclusion
In conclusion, Gaxos.AI Inc (GXAI) 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.
