In last trading session, Beyond Air Inc (NASDAQ:XAIR) saw 0.33 million shares changing hands with its beta currently measuring -0.04. Company’s recent per share price level of $1.30 trading at $0.08 or 6.56% at ring of the bell on the day assigns it a market valuation of $59.67M. That closing price of XAIR’s stock is at a discount of -389.23% from its 52-week high price of $6.36 and is indicating a premium of 18.46% from its 52-week low price of $1.06. Taking a look at company’s average trading volume volume of 306.15K if we extend that period to 3-months.
Beyond Air Inc (NASDAQ:XAIR) trade information
Upright in the green during last session for gaining 6.56%, in the last five days XAIR remained trading in the green while hitting it’s week-highest on Friday, 05/03/24 when the stock touched $1.30 price level, adding 1.52% to its value on the day. Beyond Air Inc’s shares saw a change of -33.67% in year-to-date performance and have moved 11.59% in past 5-day. Beyond Air Inc (NASDAQ:XAIR) showed a performance of -20.25% in past 30-days.
Beyond Air Inc (XAIR) estimates and forecasts
Statistics highlight that Beyond Air Inc is scoring comparatively lower than the scores of other players of the relevant industry. The company lost -44.21% of value to its shares in past 6 months, showing an annual growth rate of -2.15% while that of industry is 12.80. Apart from that, the company came lowering its revenue forecast for fiscal year 2024.
5 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 750k for the same. And 4 analysts are in estimates of company making revenue of 1.61M in the next quarter.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 9.16% during past 5 years.
XAIR Dividends
Beyond Air Inc is more likely to be releasing its next quarterly report in June and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.
