As of Thursday close, XWELL Inc.’s (NASDAQ:XWEL) stock was up $0.01, moving up 4.71 percent to $0.22. The average number of shares traded per day over the past five days has been 1,514,280 shares. 3 times new highs have been achieved over the past 5 days, with a -$0.0201 fall in that time frame. In the last twenty days, the average volume was 474,985, while in the previous 50 days, it was 344,572.
Since last month, XWEL stock retreated -26.58%. Shares of the company fell to $0.1710 on 08/15/23, the lowest level in the past month. A 52-week high of $1.20 was reached on 02/07/23 after having rallying from a 52-week low of $0.17. Since the beginning of this year, XWEL’s stock price has dropped by -39.40% or -$0.1430, and marked a new high 7 times. However, the stock has declined by -81.68% since its 52-week high.
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XWEL stock investors should be aware that XWELL Inc. (XWEL) stock had its last reported insider trading activity 80 days ago on May 30. WEINSTEIN ROBERT, the Director of the company, purchased of 25,000 shares for $0.25 on May 30. It resulted in a $6,175 investment by the insider. WEINSTEIN ROBERT added 25,000 shares at an average price of $0.25 on May 26. The insider now owns 131,485 shares following the transaction. On Dec 06, Chief Executive Officer Milford Scott R bought 22,950 shares at $0.54 apiece. The transaction was valued at $12,462.
Valuation Metrics
The stock’s beta is 2.08. Besides these, the trailing price-to-sales (P/S) ratio of 0.47, the price-to-book (PB) ratio of 0.52.
Financial Health
In the three months ended June 29, XWELL Inc.’s quick ratio stood at 4.30, while its current ratio was 4.40, showing that the company is able to pay off its debt. On the profitability front, the trailing twelve-month gross margin is 9.20% percent. In the year ended June 29, EBITDA margin amounted to -30.89%, whereas operating margins totaled -89.70%. Based on annual data, XWEL earned $12.05 million in gross profit and brought in $55.94 million in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was -78.20%. Return on equity (ROE) for the past 12 months was -68.40%.
According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. XWEL’s revenue fell -89.15% to $7.06 million during the quarter, while net income inched up to $7.19 million. While analysts expected XWELL Inc. to report -$0.07 quarterly earnings, the actual figure was -$0.07 per share. During the quarter, the company generated -$3.74 million in EBITDA. The liabilities of XWELL Inc. were 19.59 million at the end of its most recent quarter ended June 29. The value of shareholders’ equity is $83.49 million.
Technical Picture
This quick technical analysis looks at XWELL Inc.’s (XWEL) price momentum. With a historical volatility rate of 71.05%, the RSI 9-day stood at 36.23% on 17 August.
With respect to its five-day moving average, the current XWELL Inc. price is down by -8.37% percent or -$0.0201. At present, XWEL shares trade -24.38% below its 20-day simple moving average and -40.24% percent below its 100-day simple moving average. However, the stock is currently trading approximately -10.94% below its SMA50 and -66.17% below its SMA200.
Stochastic coefficient K was 31.50% and Stochastic coefficient D was 24.32%, while ATR was 0.0315. Given the Stochastic reading of 37.91% for the 14-day period, the RSI (14) reading has been calculated as 39.34%. As of today, the MACD Oscillator reading stands at -0.0165, while the 14-day reading stands at -0.0296.
Analyst Ratings
XWELL Inc. (XWEL) has been rated Buy by analysts. According to 0 brokerage firms, XWEL is a sell, and 0 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 0 analysts rate XWELL Inc. stock as buy, with 1 recommending it as overweight.
With a median target price of $1.00, the current consensus forecast for the stock is $1.00 – $1.00. Based on these forecasts, analysts predict XWELL Inc. (XWEL) will achieve an average price target of $1.00.
