With 32.82M Outstanding Shares, Can Mobix Labs Inc (NASDAQ: MOBX) Deliver Big Short-Term Gains?

Mobix Labs Inc (NASDAQ:MOBX) currently has a daily average trading volume of 1.31M but it saw 1275687 shares traded in last market. With a market cap of 43.71M USD, the company’s current market price of $1.18 came falling about -7.81 while comparing to the previous closing price of $1.28. In past 52 weeks, the stock remained buoying in the range of price level as high as $3.62 and as low as $0.55. In the recent trading on the day, stock has struck highest price mark of $1.1408 while lowest mark touched by it was $1.46.

Taking a look at 20-day trading activity of Mobix Labs Inc (MOBX) gives us an average price of $1.3863, while its current price level is -67.40% below from 52-week high level whereas it is 114.16% 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 $1.2813 while that of 200 days or SMA-200 reads an average of $1.4487. A closer look into the stock’s movement over the week reveals that its volatility is standing at 16.31% during that period while stretching the period over a month that increases to 16.58%. 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 45.02 which implies that the stock is in neutral territory.

Over the week, MOBX’s stock price is moving -28.92% down while it is -34.81% when we observe its performance for the past one month. Year-to-date it is -30.59% down and over the past year, the stock is showing a downside performance of -52.99%.

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, Mobix Labs Inc’s total number of outstanding shares is 32.82M with 39.56% of that held by the insiders while 20.39% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -264.10%. Stock’s beta reads -0.34. Stock has a price to book (P/B) ratio of 7.46 while price to sale or P/S ratio amounts to 6.79.