Approximately 100,000 Shares Of Exela Technologies Inc. (XELA) Were Sold By This Insider.

Exela Technologies Inc. (NASDAQ:XELA) finished Tuesday with an addition of $0.01 to close at $1.75, an upside of 0.57 percent. An average of 11,952,460 shares of common stock have been traded in the last five days. There was a fall of -$0.1900 in the past week. The last 20 days have seen an average of 14,231,185 shares traded, while the 50-day average volume stands at 25,479,818.

XELA stock has decreased by -32.43% in the last month. The company shares reached their 1-month lowest point of $1.6800 on 10/05/21. With the stock rallying to its 52-week high on 03/10/21, shares of the company touched a low of $1.02 and a high of $7.82 in 52 weeks. In spite of this, the price is down -77.62% from the 52-week high.


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Insider Transactions

21 days have passed since Exela Technologies Inc. (XELA) last reported insider trading activity. CHADHA PAR, who is Chairman, most recently acquired $100,000 shares at $2.06 per share on Sep 15. In this transaction, the insider spent $206,000. Chairman, CHADHA PAR, disposed of 100,000 shares at a price of $2.81 on Aug 13. The insider now owns more than $281,000 worth of shares. Prior to that, Chairman CHADHA PAR went on to Sale 100,000 shares at $3.47 each on Jul 15. An amount of $347,000 was transacted.

Valuation Metrics

Exela Technologies Inc. (XELA) has a trailing price-to-earnings (P/E) ratio of 29.20 for the broader industry and 36.42 for the sector. This means investors are optimistic about the stock’s future prospects. The stock’s beta is 1.90. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 0.21.

The quick ratio of Exela Technologies Inc. for the three months ended June 29 was 0.70, and the current ratio was 0.70, indicating that the company is able to meet its debt obligations. On the profitability front, the trailing 12-month gross margin is 23.20% against a 5-year average of 25.6%. Exela Technologies Inc.’s EBITDA margin for the year ending June 29 is 6.41%, while its operating margin for the same period stands at 0.90%. Its gross profit as reported stood at $269.02 million compared to revenue of $1.29 billion.

For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, Exela Technologies Inc.’s return on assets was -15.70%, compared to -19.3% over the last five years.

Technical Picture

From a technical analysis perspective, let’s take a brief look at Exela Technologies Inc. (XELA) price momentum. RSI 9-day as of the close on 05 October was 32.48%, suggesting the stock is Neutral, with historical volatility in this time frame at 80.16%.

As of today, XELA’s price is $1.8380 -9.79% or -$0.1900 from its 5-day moving average. XELA is currently trading -29.72% lower than its 20-day SMA and +19.86% higher than its 100-day SMA. However, the stock’s current price level is -28.86% below the SMA50 and +60.74% above the SMA200.

The stochastic %K and %D were 14.53% and 19.12%, respectively, and the average true range (ATR) was 0.1645. With the 14-day stochastic at 14.58% and the average true range at 0.1849, the RSI (14) stands at 35.96%. The stock has reached -0.1300 on the 9-day MACD Oscillator while the 14-day reading was at -0.1533.

Analyst Ratings

B. Riley Securities launched coverage on Exela Technologies Inc. (NASDAQ: XELA) in its analyst report released on August 31, 2021. The firm assigned the stock a a Buy rating.The consensus rating for Exela Technologies Inc. (XELA) among analysts is Buy. According to current brokerage recommendations, 0 brokerage firms advise that investors sell XELA, while 0 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 0 analysts, while 2 others rate it as a “buy”.

What is XELA’s price target for the next 12 months?

Analysts predict a range of price targets between $4.00 and $5.00, with a median target of $4.50. Taking a look at these predictions, the average price target given by analysts for Exela Technologies Inc. (XELA) stock is $4.50.

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