A Few Bright Spots In Mobix Labs Inc (NASDAQ: MOBX)

Mobix Labs Inc (NASDAQ:MOBX) currently has a daily average trading volume of 44.24K but it saw 63016 shares traded in last market. With a market cap of 26.93M USD, the company’s current market price of $0.88 came falling about -6.01 while comparing to the previous closing price of $0.94. In past 52 weeks, the stock remained buoying in the range of price level as high as $12.50 and as low as $0.91. In the recent trading on the day, stock has struck highest price mark of $0.846 while lowest mark touched by it was $1.04.

Taking a look at 20-day trading activity of Mobix Labs Inc (MOBX) gives us an average price of $1.0800, while its current price level is -92.96% below from 52-week high level whereas it is -2.77% 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 $1.4089 while that of 200 days or SMA-200 reads an average of $3.7766. A closer look into the stock’s movement over the week reveals that its volatility is standing at 13.00% during that period while stretching the period over a month that decreases to 9.34%. 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 22.68 which implies that the stock is in oversold territory.

Over the week, MOBX’s stock price is moving -12.85% down while it is -34.80% when we observe its performance for the past one month. Year-to-date it is -78.10% down and over the past year, the stock is showing a downside performance of -91.73%.

Currently, Mobix Labs Inc’s total number of outstanding shares is 30.59M with 28.58% of that held by the insiders while 5.29% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -19.93% and return on equity (ROE) at -27.33%. Stock’s beta reads -0.99. Stock has a price to book (P/B) ratio of 3.15. Its return on asset (ROA) is -20.91% on average.