Why You Need FOXO Technologies Inc. (FOXO) On Your Watchlist

FOXO Technologies Inc. (AMEX:FOXO) saw a downside of -9.77% to close Tuesday at $0.16 after subtracting -$0.01 on the day. The 5-day average trading volume is 12,699,300 shares of the company’s common stock. It has gained $0.2469 in the past week and touched a new high 3 times within the past 5 days. An average of 9,751,365 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 4,716,242.

FOXO’s 1-month performance is -12.79% or -$0.0489 on its low of $0.1303 reached on 07/28/23. The company’s shares have touched a 52-week low of $0.13 and high of $11.00, with the stock’s rally to the 52-week high happening on 02/06/23. YTD, FOXO has lost -58.81% or -$0.2229 and has reached a new high 10 times. However, the current price is down -98.58% from the 52-week high price.

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Insider Transactions

FOXO stock investors last saw insider trading activity on Jul 14.Dowling Vincent J. Jr (10% Owner) most recently sold 3,000 shares at $0.16 per share on Jul 14. This transaction cost the insider $491.

Valuation Metrics

FOXO stock has a beta of 1.94. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 16.13.

FOXO Technologies Inc.’s quick ratio for the recent period was 0.60, with the current ratio over the same period at 0.70. The firm’s gross profit as reported stood at $0.17 million against revenue of $0.51 million.

Earnings Surprise

Net income and sales went down compared to those figures reported in the previous quarter. Net income grew 129.06% to -$7.64 million, while revenue of -$95.13 million was -1145.16% off the previous quarter. EBITDA for the quarter stood at more than -$4.64 million. FOXO stock balance sheet for the recent quarter shows that total liabilities totaled 9.9 million, with total debt at $3.87 million. Shareholders hold equity totaling $27.17 million.

Let’s look briefly at FOXO Technologies Inc. (FOXO) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 08 August was 43.59% to suggest the stock is trending Neutral, with historical volatility in this time period at 290.41%.

The stock’s 5-day moving average is $0.1706, reflecting a -8.23% or -$0.0140 change from its current price. FOXO is currently trading -18.27% above its 20-day SMA, -55.40% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by -51.23% and SMA200 by-83.48%.

Stochastic %K and %D was 21.28% and 23.55% and the average true range (ATR) pointed at 0.0468. The RSI (14) points at 41.98%, while the 14-day stochastic is at 13.05% with the period’s ATR at 0.0441. The stock’s 9-day MACD Oscillator is pointing at 0.0066 and 0.0127 on the 14-day charts.

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