Does AERWINS Technologies Inc. (AWIN) Have A Cheap Price Or Is It Risky?

The stock of AERWINS Technologies Inc. (NASDAQ:AWIN) decreased by -$0.01 on Wednesday to $0.14, down -5.80 percent. The last five days have seen an average of 38,077,305 shares of common stock traded. 6 times new highs were reached in the current year, with a fall of -$10.3447. The average number of shares traded over the last 20 days was 10,261,917, while the average volume over the last 50 days totaled 6,302,157.

AWIN stock dropped -42.61% since last month. On 09/11/23, the company’s shares reached a one-month low of $0.1126. The stock touched a high of $18.00 on 02/02/23, after rallying from a low of $0.11 in 52 weeks. The price of AWIN stock has declined by -98.65% or -$10.3447 this year, reaching a new high 6 times. Still, the stock price is down -99.22% from the 52-week high.

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Valuation Metrics

AERWINS Technologies Inc. (AWIN) has a trailing price-to-earnings (P/E) ratio of 0.77. Beta for the stock is -0.13.

Financial Health

For the recent quarter, AERWINS Technologies Inc.’s quick ratio was 0.70, while its current ratio was 0.70, indicating its inability to pay off its debt. Based on annual data, it had gross profit of $8000.0 and revenue of $2.3 million.

Earnings Surprise

A lower net income was reported in the quarter under review than the previous quarter. Net income for the quarter came in at $30000.0, while revenues rose by 100.0% to $1.27 million. EBITDA was -$9.13 million for the quarter. At the end of AERWINS Technologies Inc.’s most recent quarter, its liabilities totaled 18.01 million, while its total debt was $4.97 million. Equity owned by shareholders amounts to $62.69 million.

Technical Picture

Here’s a quick look at AERWINS Technologies Inc.’s (AWIN) price momentum from a technical perspective. As of 19 September, the RSI 9-day stood at 40.26%, suggesting the stock is Neutral, with a 247.64% historical volatility rate.

The stochastic %K and %D were 17.81% and 21.75% respectively, while the average true range (ATR) was 0.0433. Based on the 14-day stochastic reading of 14.26%, the RSI (14) reading is 38.18%. On the 9-day MACD Oscillator, the stock is at 0.0076.

Analyst Ratings

Analysts have assigned AERWINS Technologies Inc. (AWIN) an Buy rating. AWIN is a stock that is recommended for selling by 0 brokerage firms, while 0 companies recommend holding. The stock is underweighted by 0 analysts. Among the analysts who rate the stock, 0 rates it overweight and 1 other recommend it as a buy.

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