XTI Aerospace Inc (XTIA) Down -99.60% From Its 52-Week High, But Growth Potential Is Changing Over Time

XTI Aerospace Inc (NASDAQ:XTIA) currently has a daily average trading volume of 38.69M but it saw 56474359 shares traded in last market. With a market cap of 9.85M USD, the company’s current market price of $0.05 came falling about -4.21 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 $0.0451 while lowest mark touched by it was $0.0494.

Taking a look at 20-day trading activity of XTI Aerospace Inc (XTIA) gives us an average price of $0.0490, while its current price level is -99.60% below from 52-week high level whereas it is 18.18% 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 $0.0933 while that of 200 days or SMA-200 reads an average of $1.1279. A closer look into the stock’s movement over the week reveals that its volatility is standing at 14.93% during that period while stretching the period over a month that increases to 25.43%. 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 30.75 which implies that the stock is in neutral territory.

Over the week, XTIA’s stock price is moving 6.56% up while it is -2.15% when we observe its performance for the past one month. Year-to-date it is -99.19% down and over the past year, the stock is showing a downside performance of -99.34%.

Currently, XTI Aerospace Inc’s total number of outstanding shares is 216.49M. Company’s return on investment (ROI) stands at -675.45% and return on equity (ROE) at -91.33%. Stock’s beta reads 0.22. Stock has a price to book (P/B) ratio of 9.19 while price to sale or P/S ratio amounts to 0.79. Its return on asset (ROA) is -64.72% on average.