Value gained By Exela Technologies Inc. (XELA) In The Past Week: $0.8149

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Exela Technologies Inc. (NASDAQ:XELA) finished Thursday with a subtraction of -$0.04 to close at $0.52, a downside of -8.48 percent. An average of 5,886,380 shares of common stock have been traded in the last five days. There was a fall of -$0.3080 in the past week, and it reached a new high 2 times over the past 12 months. The last 20 days have seen an average of 5,551,330 shares traded, while the 50-day average volume stands at 11,839,948.

XELA stock has decreased by -53.42% in the last month. The company shares reached their 1-month lowest point of $0.5142 on 09/22/22. With the stock rallying to its 52-week high on 02/02/22, shares of the company touched a low of $0.56 and a high of $47.60 in 52 weeks. It has reached a new high 2 times so far this year and lost -97.05% or -$17.0310 in price. In spite of this, the price is down -98.91% from the 52-week high.


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Insider Transactions

312 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 $1.66 per share on Nov 15. In this transaction, the insider spent $166,000. Chairman, CHADHA PAR, disposed of 100,000 shares at a price of $1.69 on Oct 15. The insider now owns more than $169,000 worth of shares.

Valuation Metrics

Exela Technologies Inc. (XELA) stock’s beta is 1.78. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 0.03.

Financial Health

The quick ratio of Exela Technologies Inc. for the three months ended March 30 was 0.40, and the current ratio was 0.50, indicating that the company is not able to meet its debt obligations. Its gross profit as reported stood at $277.51 million compared to revenue of $1.17 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 -21.10%.

Earnings Surprise

For the three-month period that ended March 30, Exela Technologies Inc. had $975.46 million in total debt. In the quarter under review, the net income was down than the previous quarter. The company posted a net income of -$81.39 million in the quarter, while revenues of -$57.9 million were grew 75.22%. The analyst consensus anticipated Exela Technologies Inc.’s latest quarter earnings to come in at -$2 per share, but it turned out to be -$3.4, a -70.00% surprise. For the quarter, EBITDA amounted to -$0.61 million. Shareholders own equity worth $64.97 million.

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 22 September was 12.58%, suggesting the stock is oversold, with historical volatility in this time frame at 83.90%.

As of today, XELA’s price is $0.6172 -37.33% or -$0.3080 from its 5-day moving average. XELA is currently trading -55.43% lower than its 20-day SMA and -92.15% lower than its 100-day SMA. However, the stock’s current price level is -72.93% below the SMA50 and -97.58% below the SMA200.

The stochastic %K and %D were 1.20% and 1.03%, respectively, and the average true range (ATR) was 0.0768. With the 14-day stochastic at 0.64% and the average true range at 0.1018, the RSI (14) stands at 19.95%. The stock has reached -0.1501 on the 9-day MACD Oscillator while the 14-day reading was at -0.1962.

Analyst Ratings

B. Riley Securities downgraded Exela Technologies Inc. (NASDAQ: XELA) to a a Neutral rating in its most recent analyst report. Previously, the stock was rated as a Buy. The consensus rating for Exela Technologies Inc. (XELA) among analysts is Overweight. According to current brokerage recommendations, 0 brokerage firms advise that investors sell XELA, while 1 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 0 analysts, while 1 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 $2.00 and $3.00, with a median target of $2.50. Taking a look at these predictions, the average price target given by analysts for Exela Technologies Inc. (XELA) stock is $2.50.

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