XTI Aerospace Inc (NASDAQ:XTIA) does about 568.70K shares in volume on a normal day but saw 4349436 shares change hands in the recent trading day. The company now has a market cap of 16.16M USD. Its current market price is $2.57, marking an increase of 38.17% compared to the previous close of $1.86. The 52 week high reached by this stock is $187.50 whilst the lowest price level in 52 weeks is $0.96.
The consensus objective for the share price is $12.00, suggesting that the stock has a potential upside of 78.58% over the period.
The current price level is 48.68%, 81.02%, and -83.24% away from its SMA20, SMA50, and SMA200 respectively, with the XTIA price moving below the 50-day SMA on current market day. XTI Aerospace Inc (XTIA) stock is up 37.43% over the week and 99.22% over the past month. Its price is -76.09% year-to-date and -98.93% over the past year.
The company’s next earnings report forecasts estimating quarterly EPS at 0 and -6.62 for whole year. Expected sales for next quarter are $900k, which analysts say will come at $5.01M for the current fiscal year and next year at $3.1M. In addition, estimates put the company’s current quarterly revenue at an average of $600k.
To reach the target analysts have set, the stock logically needs to grow 78.58 percent from here.
Outstanding shares total 6.29M with insiders holding 1.67% of the shares and institutional holders owning 12.12% of the company’s common stock. The company has a return on investment of -323.15% and return on equity of -327.59%. The beta has a value of 0.03. Price to book ratio is 0.88 and price to sales ratio is 4.66.
