Expion360 Inc (NASDAQ: XPON): Think Like A Lender, Not An Investor

money audit

Expion360 Inc (NASDAQ:XPON) currently has a daily average trading volume of 1.69M but it saw 28841304 shares traded in last market. With a market cap of 4.19M USD, the company’s current market price of $2.00 came falling about -16.32 while comparing to the previous closing price of $2.39. In past 52 weeks, the stock remained buoying in the range of price level as high as $543.99 and as low as $1.76. In the recent trading on the day, stock has struck highest price mark of $1.97 while lowest mark touched by it was $4.4.

Taking a look at 20-day trading activity of Expion360 Inc (XPON) gives us an average price of $2.11, while its current price level is -99.63% below from 52-week high level whereas it is 13.64% 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 $2.76 while that of 200 days or SMA-200 reads an average of $82.49. A closer look into the stock’s movement over the week reveals that its volatility is standing at 43.00% during that period while stretching the period over a month that decreases to 17.26%. 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 42.38 which implies that the stock is in neutral territory.

Over the week, XPON’s stock price is moving -6.10% down while it is -14.16% when we observe its performance for the past one month. Year-to-date it is -16.32% down and over the past year, the stock is showing a downside performance of -99.60%.

Currently, Expion360 Inc’s total number of outstanding shares is 2.10M. Company’s return on investment (ROI) stands at -458.80% and return on equity (ROE) at -328.90%. Stock’s beta reads -0.05. Stock has a price to book (P/B) ratio of 0.72 while price to sale or P/S ratio amounts to 0.93. Its return on asset (ROA) is -141.35% on average.