Do Investors Have Much Faith In XBP Europe Holdings Inc (NASDAQ: XBP)

XBP Europe Holdings Inc (NASDAQ:XBP) does about 24.07K shares in volume on a normal day but saw 3279398 shares change hands in the recent trading day. The company now has a market cap of 41.33M USD. Its current market price is $1.37, marking an increase of 22.32% compared to the previous close of $1.12. The 52 week high reached by this stock is $47.40 whilst the lowest price level in 52 weeks is $0.92.

XBP Europe Holdings Inc (XBP) has a 20-day trading average at $1.0867 and the current price is -97.11% off the 52-week high compared with 48.59% distance from its 52-week low. The 50-day simple moving average of the closing price is $1.1556 and its 200-day simple moving average is $1.8611. If we look at the stock’s price movements over the week, volatility stands at 14.83%, which decreases to 9.29% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 65.75 to suggest the stock is neutral.

The current price level is 26.07%, 18.56%, and -26.39% away from its SMA20, SMA50, and SMA200 respectively, with the XBP price moving below the 50-day SMA on current market day. XBP Europe Holdings Inc (XBP) stock is up 36.41% over the week and 20.18% over the past month. Its price is -74.15% year-to-date and -89.55% over the past year.

Outstanding shares total 30.17M with insiders holding 82.54% of the shares and institutional holders owning 21.18% of the company’s common stock. The company has a return on investment of -151.75%. The beta has a value of -0.33.