Should Investors Trust The Upside Potential In XTI Aerospace Inc (XTIA)?

money audit

XTI Aerospace Inc (NASDAQ:XTIA) currently has a daily average trading volume of 28.18M but it saw 38233625 shares traded in last market. With a market cap of 6.97M USD, the company’s current market price of $0.05 came falling about -8.00 while comparing to the previous closing price of $0.05. In past 52 weeks, the stock remained buoying in the range of price level as high as $11.50 and as low as $0.04. In the recent trading on the day, stock has struck highest price mark of $0.045 while lowest mark touched by it was $0.0507.

Taking a look at 20-day trading activity of XTI Aerospace Inc (XTIA) gives us an average price of $0.0593, while its current price level is -99.60% below from 52-week high level whereas it is 19.48% 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 $0.1285 while that of 200 days or SMA-200 reads an average of $1.3761. A closer look into the stock’s movement over the week reveals that its volatility is standing at 29.63% during that period while stretching the period over a month that increases to 33.78%. 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 23.51 which implies that the stock is in oversold territory.

Over the week, XTIA’s stock price is moving -19.58% down while it is -59.26% when we observe its performance for the past one month. Year-to-date it is -99.18% down and over the past year, the stock is showing a downside performance of -99.35%.

Currently, XTI Aerospace Inc’s total number of outstanding shares is 151.59M. Company’s return on investment (ROI) stands at -675.45% and return on equity (ROE) at -91.33%. Stock’s beta reads 0.44. Stock has a price to book (P/B) ratio of 9.29 while price to sale or P/S ratio amounts to 0.56. Its return on asset (ROA) is -64.72% on average.