Gaxos.AI Inc (GXAI) At $3.70 Offering A Unique Opportunity

Gaxos.AI Inc (NASDAQ:GXAI) currently has a daily average trading volume of 6.99M but it saw 4256278 shares traded in last market. With a market cap of 10.62M USD, the company’s current market price of $3.70 came falling about -27.02 while comparing to the previous closing price of $5.07. 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 $3.7 while lowest mark touched by it was $5.1.

Taking a look at 20-day trading activity of Gaxos.AI Inc (GXAI) gives us an average price of $1.99, while its current price level is -80.73% below from 52-week high level whereas it is 266.34% 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 $1.64 while that of 200 days or SMA-200 reads an average of $3.26. A closer look into the stock’s movement over the week reveals that its volatility is standing at 65.41% during that period while stretching the period over a month that decreases to 28.14%. 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 65.87 which implies that the stock is in neutral territory.

Over the week, GXAI’s stock price is moving 160.56% up while it is 164.29% when we observe its performance for the past one month. Year-to-date it is -9.31% down and over the past year, the stock is showing a downside performance of -9.58%.

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 1.49. Stock has a price to book (P/B) ratio of 1.04. Its return on asset (ROA) is -58.60% on average.