Foxx Development Holdings Inc [NASDAQ: FOXX] gained 75.16% or 1.52 points to close at $3.54 with a heavy trading volume of 49675323 shares.
It opened the trading session at $2.15, the shares rose to $4.77 and dropped to $2.15, the range by which the price of stock traded the whole day. The daily chart for FOXX points out that the company has recorded -28.05% loss over the past six months.
If we look at the average trading volume of 22.79K shares, FOXX reached to a volume of 49675323 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Trading performance analysis for FOXX stock
Foxx Development Holdings Inc [FOXX] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 42.17. With this latest performance, FOXX shares dropped by -20.81% in over the last four-week period, additionally sinking by -28.05% over the last 6 months – not to mention a drop of -38.00% in the past year of trading.
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 FOXX stock in for the last two-week period is set at 52.10, with the RSI for the last a single of trading hit 0.68, and the three-weeks RSI is set at 0.53 for Foxx Development Holdings Inc [FOXX]. The present Moving Average for the last 50 days of trading for this stock 4.06, while it was recorded at 2.27 for the last single week of trading, and 5.07 for the last 200 days.
Foxx Development Holdings Inc [FOXX]: A deeper dive into fundamental analysis
Operating Margin for any stock indicates how profitable investing would be, and Foxx Development Holdings Inc [FOXX] shares currently have an operating margin of -13.93% and a Gross Margin at 11.30%. Foxx Development Holdings Inc’s Net Margin is presently recorded at -15.26%.
Foxx Development Holdings Inc (FOXX) Capital Structure & Debt Analysis
Foxx Development Holdings Inc (FOXX) Efficiency & Liquidity Metrics
Foxx Development Holdings Inc (FOXX) Efficiency & Liquidity Metrics
An analysis of Institutional ownership at Foxx Development Holdings Inc [FOXX]
There are presently around $1.83%, or 9.43%% of FOXX stock, in the hands of institutional investors.
