Investors Are Waking Up To XTI Aerospace Inc (NASDAQ: XTIA) After Losing -99.31% Over The Past 12 Months

XTI Aerospace Inc (NASDAQ:XTIA) currently has a daily average trading volume of 32.25M but it saw 45569256 shares traded in last market. With a market cap of 9.46M USD, the company’s current market price of $0.04 came rising about 2.40 while comparing to the previous closing price of $0.04. 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 $0.0409 while lowest mark touched by it was $0.0465.

Taking a look at 20-day trading activity of XTI Aerospace Inc (XTIA) gives us an average price of $0.0505, while its current price level is -99.63% below from 52-week high level whereas it is 10.91% 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 $0.1097 while that of 200 days or SMA-200 reads an average of $1.2519. A closer look into the stock’s movement over the week reveals that its volatility is standing at 13.45% during that period while stretching the period over a month that increases to 32.05%. 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 25.60 which implies that the stock is in oversold territory.

Over the week, XTIA’s stock price is moving -7.17% down while it is -46.36% when we observe its performance for the past one month. Year-to-date it is -99.24% down and over the past year, the stock is showing a downside performance of -99.31%.

The company is expected to be releasing its next quarterly report in December, for which analysts forecasted an EPS of 0 while estimate for next year EPS is 0.

Currently, XTI Aerospace Inc’s total number of outstanding shares is 216.49M with 10.92% of that held by the insiders while 0.21% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -675.45% and return on equity (ROE) at -91.33%. Stock’s beta reads 0.39. Stock has a price to book (P/B) ratio of 8.63 while price to sale or P/S ratio amounts to 0.76. Its return on asset (ROA) is -64.72% on average.