Ideas And Forecasts On Gaxos.AI Inc (NASDAQ: GXAI)

Gaxos.AI Inc (NASDAQ:GXAI) currently has a daily average trading volume of 776.61K but it saw 71586413 shares traded in last market. With a market cap of 3.33M USD, the company’s current market price of $1.76 came rising about 21.38 while comparing to the previous closing price of $1.45. In past 52 weeks, the stock remained buoying in the range of price level as high as $19.20 and as low as $1.25. In the recent trading on the day, stock has struck highest price mark of $1.61 while lowest mark touched by it was $2.49.

Taking a look at 20-day trading activity of Gaxos.AI Inc (GXAI) gives us an average price of $1.4355, while its current price level is -90.83% below from 52-week high level whereas it is 40.58% 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 $1.6593 while that of 200 days or SMA-200 reads an average of $3.4994. A closer look into the stock’s movement over the week reveals that its volatility is standing at 16.90% during that period while stretching the period over a month that decreases to 10.17%. 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 63.79 which implies that the stock is in neutral territory.

Over the week, GXAI’s stock price is moving 19.73% up while it is 10.69% when we observe its performance for the past one month. Year-to-date it is -56.86% down and over the past year, the stock is showing a downside performance of -53.14%.

Currently, Gaxos.AI Inc’s total number of outstanding shares is 1.89M. Company’s return on investment (ROI) stands at -71.92% and return on equity (ROE) at -69.28%. Stock’s beta reads 3.16. Stock has a price to book (P/B) ratio of 0.45. Its return on asset (ROA) is -64.83% on average.