A Few Bright Spots In Gaxos.AI Inc (NASDAQ: GXAI)

Gaxos.AI Inc (NASDAQ:GXAI) currently has a daily average trading volume of 1.88M but it saw 1105868 shares traded in last market. With a market cap of 4.08M USD, the company’s current market price of $1.42 came rising about 10.94 while comparing to the previous closing price of $1.28. In past 52 weeks, the stock remained buoying in the range of price level as high as $19.20 and as low as $1.01. In the recent trading on the day, stock has struck highest price mark of $1.25 while lowest mark touched by it was $1.48.

Taking a look at 20-day trading activity of Gaxos.AI Inc (GXAI) gives us an average price of $1.3240, while its current price level is -92.60% below from 52-week high level whereas it is 40.59% 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 $1.3892 while that of 200 days or SMA-200 reads an average of $3.3332. A closer look into the stock’s movement over the week reveals that its volatility is standing at 11.26% during that period while stretching the period over a month that increases to 14.37%. 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 53.62 which implies that the stock is in neutral territory.

Over the week, GXAI’s stock price is moving 16.39% up while it is 2.16% when we observe its performance for the past one month. Year-to-date it is -65.20% down and over the past year, the stock is showing a downside performance of -72.41%.

Currently, Gaxos.AI Inc’s total number of outstanding shares is 2.87M. Company’s return on investment (ROI) stands at -50.44% and return on equity (ROE) at -61.84%. Stock’s beta reads 2.90. Stock has a price to book (P/B) ratio of 0.40. Its return on asset (ROA) is -58.60% on average.