Are Analysts Too Bullish On Expion360 Inc (XPON)

Expion360 Inc (NASDAQ:XPON) currently has a daily average trading volume of 13.00M but it saw 7407078 shares traded in last market. With a market cap of 2.88M USD, the company’s current market price of $0.05 came falling about -7.16 while comparing to the previous closing price of $0.06. In past 52 weeks, the stock remained buoying in the range of price level as high as $6.39 and as low as $0.05. In the recent trading on the day, stock has struck highest price mark of $0.051 while lowest mark touched by it was $0.06.

Taking a look at 20-day trading activity of Expion360 Inc (XPON) gives us an average price of $0.0681, while its current price level is -99.19% below from 52-week high level whereas it is -2.08% 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 $0.3886 while that of 200 days or SMA-200 reads an average of $2.5241. A closer look into the stock’s movement over the week reveals that its volatility is standing at 23.82% during that period while stretching the period over a month that decreases to 14.60%. 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 19.45 which implies that the stock is in oversold territory.

Over the week, XPON’s stock price is moving -27.62% down while it is -39.08% when we observe its performance for the past one month. Year-to-date it is -99.04% down and over the past year, the stock is showing a downside performance of -98.80%.

Currently, Expion360 Inc’s total number of outstanding shares is 55.58M. Company’s return on investment (ROI) stands at -178.70% and return on equity (ROE) at -153.29%. Stock’s beta reads 0.26. Stock has a price to book (P/B) ratio of 0.16 while price to sale or P/S ratio amounts to 0.58. Its return on asset (ROA) is -76.17% on average.