AERWINS Technologies Inc. (AWIN) Price Targets: What Do They Mean?

As of Friday close, AERWINS Technologies Inc.’s (NASDAQ:AWIN) stock was down -$0.02, moving down -7.48 percent to $0.12. The average number of shares traded per day over the past five days has been 4,616,920 shares. 1 time new highs have been achieved over the past 5 days, with a -$0.0678 fall in that time frame. In the last twenty days, the average volume was 10,522,865, while in the previous 50 days, it was 6,388,094.

Since last month, AWIN stock retreated -48.64%. Shares of the company fell to $0.1126 on 09/11/23, the lowest level in the past month. A 52-week high of $18.00 was reached on 02/02/23 after having rallying from a 52-week low of $0.11. Since the beginning of this year, AWIN’s stock price has dropped by -98.81% or -$10.3650, and marked a new high 6 times. However, the stock has declined by -99.31% since its 52-week high.

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Valuation Metrics

Right now, AERWINS Technologies Inc. (AWIN) has a P/E ratio of about 0.68. The stock’s beta is -0.03.

Financial Health

In the recent quarter, AERWINS Technologies Inc.’s quick ratio stood at 0.70, while its current ratio was 0.70, showing that the company is not able to pay off its debt. Based on annual data, AWIN earned $8000.0 in gross profit and brought in $2.3 million in revenue.

According to the earnings report, the company had a lower net income in the recent quarter than it did in the previous quarter. AWIN’s revenue rose 100.0% to $1.27 million during the quarter, while net income inched up to $30000.0. During the quarter, the company generated -$9.13 million in EBITDA. The liabilities of AERWINS Technologies Inc. were 18.01 million at the end of its most recent quarter, and its total debt was $4.97 million. The value of shareholders’ equity is $62.69 million.

Technical Picture

This quick technical analysis looks at AERWINS Technologies Inc.’s (AWIN) price momentum. With a historical volatility rate of 252.08%, the RSI 9-day stood at 34.10% on 22 September.

With respect to its five-day moving average, the current AERWINS Technologies Inc. price is down by -35.17% percent or -$0.0678. At present, AWIN shares trade -47.03% below its 20-day simple moving average and -82.76% percent below its 100-day simple moving average. However, the stock is currently trading approximately -77.26% below its SMA50 and -98.78% below its SMA200.

Stochastic coefficient K was 9.64% and Stochastic coefficient D was 13.51%, while ATR was 0.0389. Given the Stochastic reading of 5.41% for the 14-day period, the RSI (14) reading has been calculated as 34.45%.

Analyst Ratings

AERWINS Technologies Inc. (AWIN) has been rated Buy by analysts. According to 0 brokerage firms, AWIN 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 AERWINS Technologies 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 AERWINS Technologies Inc. (AWIN) will achieve an average price target of $1.00.

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