It’s Not A Fantasy To Think That Gaxos.AI Inc (GXAI) Has Big Future Potential

Gaxos.AI Inc (NASDAQ:GXAI) currently has a daily average trading volume of 7.78M but it saw 1113336 shares traded in last market. With a market cap of 7.99M USD, the company’s current market price of $2.16 came rising about 11.34 while comparing to the previous closing price of $1.94. 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 $1.98 while lowest mark touched by it was $2.22.

Taking a look at 20-day trading activity of Gaxos.AI Inc (GXAI) gives us an average price of $2.4100, while its current price level is -88.75% below from 52-week high level whereas it is 113.86% 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 $2.2200 while that of 200 days or SMA-200 reads an average of $2.7800. A closer look into the stock’s movement over the week reveals that its volatility is standing at 10.19% during that period while stretching the period over a month that increases to 16.98%. 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 47.60 which implies that the stock is in neutral territory.

Over the week, GXAI’s stock price is moving 26.32% up while it is -34.94% when we observe its performance for the past one month. Year-to-date it is -15.95% down and over the past year, the stock is showing a downside performance of -27.27%.

The company is expected to be releasing its next quarterly report in February, for which analysts forecasted an EPS of 0 while estimate for next year EPS is 0.

Currently, Gaxos.AI Inc’s total number of outstanding shares is 3.70M with 11.94% of that held by the insiders while 2.24% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -50.44% and return on equity (ROE) at -61.84%. Stock’s beta reads 0.84. Stock has a price to book (P/B) ratio of 0.61. Its return on asset (ROA) is -58.60% on average.