Predicting Future Price Moves In Mobix Labs Inc (MOBX)

Mobix Labs Inc (NASDAQ:MOBX) does about 587.94K shares in volume on a normal day but saw 2205389 shares change hands in the recent trading day. The company now has a market cap of 65.84M USD. Its current market price is $1.87, marking an increase of 35.51% compared to the previous close of $1.38. The 52 week high reached by this stock is $12.47 whilst the lowest price level in 52 weeks is $0.55.

Mobix Labs Inc (MOBX) has a 20-day trading average at $1.0723 and the current price is -85.00% off the 52-week high compared with 239.38% distance from its 52-week low. The 50-day simple moving average of the closing price is $0.8765 and its 200-day simple moving average is $1.5088. If we look at the stock’s price movements over the week, volatility stands at 21.69%, which increases to 29.88% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 72.10 to suggest the stock is overbought.

The current price level is 74.40%, 113.36%, and 23.94% away from its SMA20, SMA50, and SMA200 respectively, with the MOBX price moving below the 50-day SMA on current market day. Mobix Labs Inc (MOBX) stock is up 87.00% over the week and 188.14% over the past month. Its price is -53.48% year-to-date and -83.99% over the past year.

The company’s next earnings report forecasts estimating quarterly EPS at 0 and 0 for whole year.

The company has a return on investment of -19.93% and return on equity of -27.33%. The beta has a value of -0.25. Price to book ratio is 6.70.