During the last session, Exela Technologies Inc. (NASDAQ:XELA)’s traded shares were 1.13 million, with the beta value of the company hitting 1.69. At the end of the trading day, the stock’s price was $4.00, reflecting an intraday loss of -13.04% or -$0.6. The 52-week high for the XELA share is $1039.60, that puts it down -25890.0 from that peak though still a striking 34.5% gain since the share price plummeted to a 52-week low of $2.62. The company’s market capitalization is $25.48M, and the average intraday trading volume over the past 10 days was 12.99 million shares, and the average trade volume was 2.58 million shares over the past three months.
Exela Technologies Inc. (XELA) received a consensus recommendation of a Hold from analysts. That translates to a mean rating of 3.00. XELA has a Sell rating from 0 analyst(s) out of 1 analysts who have looked at this stock. 1 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 0 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be $0.
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Exela Technologies Inc. (NASDAQ:XELA) trade information
Exela Technologies Inc. (XELA) registered a -13.04% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -13.04% in intraday trading to $4.00 this Thursday, 05/25/23, hitting a weekly high. The stock’s 5-day price performance is -37.01%, and it has moved by -43.98% in 30 days. Based on these gigs, the overall price performance for the year is -99.57%. The short interest in Exela Technologies Inc. (NASDAQ:XELA) is 0.17 million shares and it means that shorts have 0.35 day(s) to cover.
The consensus price target of analysts on Wall Street is $400.00, which implies an increase of 99.0% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $400.00 and $400.00 respectively. As a result, XELA is trading at a discount of -9900.0% off the target high and -9900.0% off the low.
Exela Technologies Inc. (XELA) estimates and forecasts
Statistics show that Exela Technologies Inc. has outperformed its competitors in share price, compared to the industry in which it operates. Exela Technologies Inc. (XELA) shares have gone down -88.72% during the last six months, with a year-to-date growth rate more than the industry average at 91.53% against 19.20. In the rating firms’ projections, revenue will decrease -7.70% compared to the previous financial year.
Revenue for the current quarter is expected to be $266.95 million as predicted by 1 analyst(s). As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled $294.31 million and $279.4 million respectively.
Exela Technologies Inc. is due to release its next quarterly earnings between August 07 and August 11. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.