The public float for UBXG is 16.98M, and currently, shorts hold a 3.90% of that float. The average trading volume for UBXG on November 20, 2024 was 2.44M shares.
UBXG) stock’s latest price update
U-BX Technology Ltd (NASDAQ: UBXG)’s stock price has dropped by -7.88 in relation to previous closing price of 0.33. Nevertheless, the company has seen a loss of -5.53% in its stock price over the last five trading days. globenewswire.com reported 2024-10-25 that BEIJING, Oct. 25, 2024 (GLOBE NEWSWIRE) — U-BX Technology Ltd. (the “Company” or “U-BX”) (NASDAQ:UBXG), a leading company providing value-added services using artificial intelligence-driven technology to businesses within the insurance industry, including insurance carriers and brokers, today announced that it has received written notifications (the “Notification Letters”) from the Listings Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) on Oct. 21, 2024. The Notification Letters advised the Company that for the last 31 consecutive business days, the minimum closing bid price per share for the Company’s ordinary shares was below the $1.00 per share requirement for continued listing under Nasdaq Listing Rule 5550(a)(2). The Notification Letters also advised the Company that for the last 30 consecutive business days, the minimum Market Value of Listed Securities (MVLS) of the Company was below the $35 million requirement for continued listing under Nasdaq Listing Rule 5550(b)(2).
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UBXG’s Market Performance
U-BX Technology Ltd (UBXG) has seen a -5.53% fall in stock performance for the week, with a -21.04% decline in the past month and a -99.11% plunge in the past quarter. The volatility ratio for the week is 13.41%, and the volatility levels for the past 30 days are at 12.24% for UBXG. The simple moving average for the past 20 days is -8.74% for UBXG’s stock, with a -94.35% simple moving average for the past 200 days.
UBXG Trading at -40.09% from the 50-Day Moving Average
After a stumble in the market that brought UBXG to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -99.14% of loss for the given period.
Volatility was left at 12.24%, however, over the last 30 days, the volatility rate increased by 13.41%, as shares sank -27.05% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -67.96% lower at present.
During the last 5 trading sessions, UBXG fell by -5.53%, in comparison to the 20-day moving average, which settled at $0.3331. In addition, U-BX Technology Ltd saw -92.59% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for UBXG
Current profitability levels for the company are sitting at:
- -0.01 for the present operating margin
- 0.02 for the gross margin
The net margin for U-BX Technology Ltd stands at -0.0. The total capital return value is set at -0.08. Equity return is now at value -10.02, with -6.92 for asset returns.
Based on U-BX Technology Ltd (UBXG), the company’s capital structure generated 0.07 points at debt to capital in total, while cash flow to debt ratio is standing at -3.82. The debt to equity ratio resting at 0.07. The interest coverage ratio of the stock is -64.68.
Currently, EBITDA for the company is -0.58 million with net debt to EBITDA at 6.78. When we switch over and look at the enterprise to sales, we see a ratio of 0.06. The receivables turnover for the company is 252.35for trailing twelve months and the total asset turnover is 7.17. The liquidity ratio also appears to be rather interesting for investors as it stands at 5.75.
Conclusion
In conclusion, U-BX Technology Ltd (UBXG) has had a bad performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others 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.
