With 2.29 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.59 million shares. The 52-week range on XAIR shows that it touched its highest point at $2.11 and its lowest point at $0.30 during that stretch. It currently has a 1-year price target of $2.25. Beta for the stock currently stands at 0.13.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of XAIR was down-trending over the past week, with a drop of -11.85%, but this was down by -26.27% over a month. Three-month performance dropped to -34.91% while six-month performance fell -24.44%. The stock lost -82.80% in the past year, while it has lost -10.74% so far this year. A look at the trailing 12-month EPS for XAIR yields -1.05 with Next year EPS estimates of -0.37. For the next quarter, that number is -0.12. This implies an EPS growth rate of 59.23% for this year and 49.60% for next year. EPS is expected to grow by 45.66% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -18.68%.
Float and Shares Shorts:
At present, 88.28 million XAIR shares are outstanding with a float of 75.63 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for XAIR since 1 analysts follow the stock currently. There are 0 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of -$1.88311 being high and -$2.03579 being low. For XAIR, this leads to a yearly average estimate of -$1.934. Based on analyst estimates, the high estimate for the next quarter is $0 and the low estimate is $0. The average estimate for the next quarter is thus $0.