Xiaobai Maimai Inc. (NASDAQ:HX) finished Wednesday with an addition of $0.56 to close at $4.38, an upside of 14.66 percent. An average of 1,525,700 shares of common stock have been traded in the last five days. There was a gain of $1.77 in the past week. The last 20 days have seen an average of 534,370 shares traded, while the 50-day average volume stands at 251,122.
HX stock has increased by 159.17% in the last month. The company shares reached their 1-month lowest point of $1.61 on 09/15/21. With the stock rallying to its 52-week high on 10/13/21, shares of the company touched a low of $1.23 and a high of $4.41 in 52 weeks. In spite of this, the price is down -0.57% from the 52-week high.
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Xiaobai Maimai Inc. (HX) has a trailing price-to-earnings (P/E) ratio of 21.00 for the broader industry and 12.72 for the sector. The stock’s beta is 1.03. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 42.27, the price-to-book (PB) ratio at 4.13. The company’s most recent quarterly dividend payment was $0.38 a share.
The quick ratio of Xiaobai Maimai Inc. for the three months ended June 29 was 2.10, and the current ratio was 2.10, indicating that the company is able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 0.00 and a total debt to equity ratio of 0.58 for the quarter ending June 29. On the profitability front, the trailing 12-month gross margin 5-year average of 84.7%. Its gross profit as reported stood at $32.66 million compared to revenue of $1.75 million.
For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, Xiaobai Maimai Inc.’s return on assets was -45.60%, compared to -2.6% over the last five years. In the past year, the return on investment has been -115.00%, and the 5-year average is -0.9%. Meanwhile, the return on equity (ROE) for the past 12 months has been -72.30% and the 5-year average holds at -11.6%.
From a technical analysis perspective, let’s take a brief look at Xiaobai Maimai Inc. (HX) price momentum. RSI 9-day as of the close on 13 October was 91.52%, suggesting the stock is Overbought, with historical volatility in this time frame at 110.92%.
As of today, HX’s price is $3.48 +67.82% or $1.77 from its 5-day moving average. HX is currently trading +159.17% higher than its 20-day SMA and +219.71% higher than its 100-day SMA. However, the stock’s current price level is +172.05% above the SMA50 and +87.18% above the SMA200.
The stochastic %K and %D were 85.22% and 84.61%, respectively, and the average true range (ATR) was 0.47. With the 14-day stochastic at 88.70% and the average true range at 0.37, the RSI (14) stands at 89.63%. The stock has reached 0.85 on the 9-day MACD Oscillator while the 14-day reading was at 1.21.
The consensus rating for Xiaobai Maimai Inc. (HX) among analysts is -. According to current brokerage recommendations, 0 brokerage firms advise that investors sell HX, while 0 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 0 analysts, while 0 others rate it as a “buy”.
What is HX’s price target for the next 12 months?
Analysts predict a range of price targets between $9.00 and $9.00, with a median target of $9.00. Taking a look at these predictions, the average price target given by analysts for Xiaobai Maimai Inc. (HX) stock is $9.00.