XTI Aerospace Inc (XTIA) Down -99.51% 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 58.63M but it saw 82645519 shares traded in last market. With a market cap of 11.25M USD, the company’s current market price of $0.04 came falling about -2.49 while comparing to the previous closing price of $0.04. In past 52 weeks, the stock remained buoying in the range of price level as high as $7.99 and as low as $0.04. In the recent trading on the day, stock has struck highest price mark of $0.0383 while lowest mark touched by it was $0.0407.

Taking a look at 20-day trading activity of XTI Aerospace Inc (XTIA) gives us an average price of $0.0433, while its current price level is -99.51% below from 52-week high level whereas it is 1.82% 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 $0.0596 while that of 200 days or SMA-200 reads an average of $0.8113. A closer look into the stock’s movement over the week reveals that its volatility is standing at 11.32% during that period while stretching the period over a month that increases to 12.46%. 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 32.09 which implies that the stock is in neutral territory.

Over the week, XTIA’s stock price is moving -12.03% down while it is -14.87% when we observe its performance for the past one month. Year-to-date it is -99.30% down and over the past year, the stock is showing a downside performance of -99.35%.

Currently, XTI Aerospace Inc’s total number of outstanding shares is 294.44M. 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 7.92 while price to sale or P/S ratio amounts to 0.90. Its return on asset (ROA) is -64.72% on average.