XTI Aerospace Inc [NASDAQ: XTIA] plunged by $2469997.21 during the normal trading session on Wednesday and reaching a high of $2.17 during the day while it closed the day at $2470000.0.
XTI Aerospace Inc stock has also loss -59.02% of its value over the past 7 days. However, XTIA stock has declined by -35.63% in the 3 months of the year. Over the past six months meanwhile, it has lost -84.00% and lost -98.24% year-on date.
The market cap for XTIA stock reached $16.06 million, with 8.19 million shares outstanding and 7.77 million shares in the current float. Compared to the average trading volume of 2.47M shares, XTIA reached a trading volume of 15021729 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about XTI Aerospace Inc [XTIA]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for XTIA shares is $12.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on XTIA stock is a recommendation set at 1.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
The Price to Book ratio for the last quarter was 0.58, with the Price to Cash per share for the same quarter was set at 0.84.
XTIA stock trade performance evaluation
XTI Aerospace Inc [XTIA] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -59.02. With this latest performance, XTIA shares dropped by -8.20% in over the last four-week period, additionally sinking by -84.00% over the last 6 months – not to mention a drop of -84.37% in the past year of trading.
XTI Aerospace Inc [XTIA]: An insightful look at the core fundamentals
Operating Margin for any stock indicates how profitable investing would be, and XTI Aerospace Inc [XTIA] shares currently have an operating margin of -1023.28% and a Gross Margin at 40.74%. XTI Aerospace Inc’s Net Margin is presently recorded at -1362.35%.
Return on Equity for this stock declined to -158.43%, with Return on Assets sitting at -158.43%.
XTI Aerospace Inc [XTIA]: Institutional Ownership
There are presently around $12.12%, or 12.32% of XTIA stock, in the hands of institutional investors.