Mobix Labs Inc (MOBX) At $1.18 Offering A Unique Opportunity

Mobix Labs Inc (NASDAQ:MOBX) currently has a daily average trading volume of 488.76K but it saw 1679488 shares traded in last market. With a market cap of 41.55M USD, the company’s current market price of $1.18 came rising about 26.88 while comparing to the previous closing price of $0.93. In past 52 weeks, the stock remained buoying in the range of price level as high as $12.50 and as low as $0.55. In the recent trading on the day, stock has struck highest price mark of $0.95 while lowest mark touched by it was $1.23.

Taking a look at 20-day trading activity of Mobix Labs Inc (MOBX) gives us an average price of $0.8448, while its current price level is -90.56% below from 52-week high level whereas it is 114.16% 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 $0.8429 while that of 200 days or SMA-200 reads an average of $1.5622. A closer look into the stock’s movement over the week reveals that its volatility is standing at 53.32% during that period while stretching the period over a month that decreases to 25.82%. 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 59.19 which implies that the stock is in neutral territory.

Over the week, MOBX’s stock price is moving -4.07% down while it is 65.96% when we observe its performance for the past one month. Year-to-date it is -70.65% down and over the past year, the stock is showing a downside performance of -89.69%.

Currently, Mobix Labs Inc’s total number of outstanding shares is 28.33M. Company’s return on investment (ROI) stands at -19.93% and return on equity (ROE) at -27.33%. Stock’s beta reads -0.25. Stock has a price to book (P/B) ratio of 4.23. Its return on asset (ROA) is -20.91% on average.