Expion360 Inc. [XPON] fell -70.37% so far this year. What now?

Expion360 Inc. [NASDAQ: XPON] jumped around 1.37 points on Friday, while shares priced at $2.35 at the close of the session, up 139.19%. The company report on December 22, 2022 that Expion360 Selected as Exclusive Supplier of Lithium-Ion Batteries for Major Brand Overland Trailer Available Through SUV Dealerships Nationwide.

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Expion360, Inc. (NASDAQ:XPON), an industry leader in lithium ion battery power storage solutions, has been selected as the exclusive supplier of high-energy lithium ion batteries for an overland trailer to be branded and sold by a top U.S. sports utility vehicle manufacturer.

Inspired by military ruggedized surveillance trailers and developed by leaders in advanced vehicle engineering, the award-winning overland trailer sets a new benchmark for off-road performance, comfort and clean power capability.

Compared to the average trading volume of 111.67K shares, XPON reached a trading volume of 48949763 in the most recent trading day, which is why market watchdogs consider the stock to be active.

What do top market gurus say about Expion360 Inc. [XPON]?

The Average True Range (ATR) for Expion360 Inc. is set at 0.32, with the Price to Sales ratio for XPON stock in the period of the last 12 months amounting to 0.95. The Price to Book ratio for the last quarter was 1.22, with the Price to Cash per share for the same quarter was set at 2.84.

How has XPON stock performed recently?

Expion360 Inc. [XPON] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 115.60. With this latest performance, XPON shares gained by 117.57% in over the last four-week period, additionally sinking by -2.49% over the last 6 months.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for XPON stock in for the last two-week period is set at 77.12, with the RSI for the last a single of trading hit 85.31, and the three-weeks RSI is set at 69.67 for Expion360 Inc. [XPON]. The present Moving Average for the last 50 days of trading for this stock 1.46, while it was recorded at 1.26 for the last single week of trading.

Expion360 Inc. [XPON]: Deeper insight into the fundamentals

Operating Margin for any stock indicates how profitable investing would be, and Expion360 Inc. [XPON] shares currently have an operating margin of -27.97 and a Gross Margin at +36.43. Expion360 Inc.’s Net Margin is presently recorded at -104.50.

Return on Equity for this stock declined to -1,076.80, with Return on Assets sitting at -116.13.

Expion360 Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 8.10 and a Current Ratio set at 12.70.

Insider trade positions for Expion360 Inc. [XPON]

There are presently around $0 million, or 0.90% of XPON stock, in the hands of institutional investors. The top three institutional holders of XPON stocks are: PERRITT CAPITAL MANAGEMENT INC with ownership of 30,000, which is approximately 0% of the company’s market cap and around 50.85% of the total institutional ownership; EIDELMAN VIRANT CAPITAL, holding 14,000 shares of the stock with an approximate value of $33000.0 in XPON stocks shares; and CITADEL ADVISORS LLC, currently with $30000.0 in XPON stock with ownership of nearly New of the company’s market capitalization.

2 institutional holders increased their position in Expion360 Inc. [NASDAQ:XPON] by around 12,748 shares. Additionally, 2 investors decreased positions by around 11,984 shares, while 3 investors held positions by with 36,363 shares. The mentioned changes placed institutional holdings at 61,095 shares, according to the latest SEC report filing. XPON stock had 1 new institutional investments in for a total of 12,747 shares, while 1 institutional investors sold positions of 11,367 shares during the same period.


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