How Should Investors View FOXO Technologies Inc. (FOXO) Insider Trading?

At the last check on Thursday, FOXO Technologies Inc.’s (AMEX:FOXO) stock traded at $0.14. The average number of shares traded per day over the past five days has been 1,216,666 shares. 1 time new highs have been achieved over the past 5 days, with a $0.0004 gain in that time frame. In the last twenty days, the average volume was 4,287,262, while in the previous 50 days, it was 5,285,088.

Since last month, FOXO stock retreated -3.91%. Shares of the company fell to $0.1225 on 08/28/23, the lowest level in the past month. A 52-week high of $11.00 was reached on 02/06/23 after having rallying from a 52-week low of $0.12. Since the beginning of this year, FOXO’s stock price has dropped by -63.06% or -$0.2377, and marked a new high 10 times. However, the stock has declined by -98.73% since its 52-week high.

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FOXO stock investors should be aware that FOXO Technologies Inc. (FOXO) stock had its last reported insider trading activity 48 days ago on Jul 14. Dowling Vincent J. Jr, the 10% Owner of the company, disposed of 3,000 shares for $0.16 on Jul 14. It resulted in a $491 divestment by the insider.

Financial Health

In the recent quarter, FOXO Technologies Inc.’s quick ratio stood at 0.60, while its current ratio was 0.70, showing that the company is not able to pay off its debt. Based on annual data, FOXO earned $0.17 million in gross profit and brought in $0.51 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 -409.90%. Return on equity (ROE) for the past 12 months was 728.30%.

According to the earnings report, the company had a lower net income in the recent quarter than it did in the previous quarter. During the quarter, the company generated -$3.88 million in EBITDA. The liabilities of FOXO Technologies Inc. were 11.08 million at the end of its most recent quarter, and its total debt was $4.36 million. The value of shareholders’ equity is $51.98 million.

Technical Picture

This quick technical analysis looks at FOXO Technologies Inc.’s (FOXO) price momentum. With a historical volatility rate of 72.37%, the RSI 9-day stood at 48.74% on 30 August.

With respect to its five-day moving average, the current FOXO Technologies Inc. price is up by +0.28% percent or $0.0004. At present, FOXO shares trade -25.63% below its 20-day simple moving average and -59.63% percent below its 100-day simple moving average. However, the stock is currently trading approximately -61.81% below its SMA50 and -73.33% below its SMA200.

Stochastic coefficient K was 28.98% and Stochastic coefficient D was 25.97%, while ATR was 0.0197. Given the Stochastic reading of 39.58% for the 14-day period, the RSI (14) reading has been calculated as 44.10%.

Analyst Ratings

FOXO Technologies Inc. (FOXO) has been rated – by analysts. According to 0 brokerage firms, FOXO 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 FOXO Technologies Inc. stock as buy, with 0 recommending it as overweight.

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