Expion360 Inc (NASDAQ:XPON) does about 142.96K shares in volume on a normal day but saw 54056941 shares change hands in the recent trading day. The company now has a market cap of 5.33M USD. Its current market price is $1.58, marking an increase of 51.92% compared to the previous close of $1.04. The 52 week high reached by this stock is $120.00 whilst the lowest price level in 52 weeks is $0.60.
Expion360 Inc (XPON) has a 20-day trading average at $0.9404 and the current price is -98.68% off the 52-week high compared with 163.33% distance from its 52-week low. The 50-day simple moving average of the closing price is $0.9245 and its 200-day simple moving average is $1.7101. If we look at the stock’s price movements over the week, volatility stands at 14.66%, which decreases to 10.70% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 83.63 to suggest the stock is overbought.
The consensus objective for the share price is $4.00, suggesting that the stock has a potential upside of 60.5% over the period.
The current price level is 68.01%, 70.90%, and -7.61% away from its SMA20, SMA50, and SMA200 respectively, with the XPON price moving below the 50-day SMA on current market day. Expion360 Inc (XPON) stock is up 73.65% over the week and 74.58% over the past month. Its price is -98.25% year-to-date and -33.89% over the past year.
To reach the target analysts have set, the stock logically needs to grow 60.5 percent from here.
Outstanding shares total 3.37M with insiders holding 4.65% of the shares and institutional holders owning 4.17% of the company’s common stock. The company has a return on investment of -321.97% and return on equity of -362.03%. The beta has a value of 0.12. Price to book ratio is 1.55 and price to sales ratio is 0.80.
