Ideas And Forecasts On Expion360 Inc (NASDAQ: XPON)

Expion360 Inc (NASDAQ:XPON) currently has a daily average trading volume of 6.53M but it saw 31543800 shares traded in last market. With a market cap of 0.65M USD, the company’s current market price of $0.09 came rising about 2.36 while comparing to the previous closing price of $0.08. In past 52 weeks, the stock remained buoying in the range of price level as high as $6.39 and as low as $0.07. In the recent trading on the day, stock has struck highest price mark of $0.0806 while lowest mark touched by it was $0.0895.

Taking a look at 20-day trading activity of Expion360 Inc (XPON) gives us an average price of $0.4037, while its current price level is -98.64% below from 52-week high level whereas it is 18.63% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $0.8077 while that of 200 days or SMA-200 reads an average of $2.9147. A closer look into the stock’s movement over the week reveals that its volatility is standing at 17.19% during that period while stretching the period over a month that increases to 26.76%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 17.80 which implies that the stock is in oversold territory.

Over the week, XPON’s stock price is moving -11.63% down while it is -90.48% when we observe its performance for the past one month. Year-to-date it is -98.39% down and over the past year, the stock is showing a downside performance of -98.25%.

The latest quarterly earnings report issued by the company reported quarterly earnings per share (EPS) of -0.26 beaten by the consensus estimate of -0.2 for the same. The company is expected to be releasing its next quarterly report in September, for which analysts forecasted an EPS of -0.2 while estimate for next year EPS is -1.02. In next quarter, company is expected to be making quarterly sales of $1.71M as analysts are expecting the sales for current fiscal year at $5.9M and seeing the company making $7.62M in sales next year. Moreover, analysts are in estimates of $1.85M for current-quarter revenue.

Currently, Expion360 Inc’s total number of outstanding shares is 6.92M. Company’s return on investment (ROI) stands at -127.83% and return on equity (ROE) at -112.77%. Stock’s beta reads 0.63. Stock has a price to book (P/B) ratio of 0.17 while price to sale or P/S ratio amounts to 0.12. Its return on asset (ROA) is -59.09% on average.