Expion360 Inc (NASDAQ:XPON) Shares Rebounded 14.29% From Their Lows – But Can They Continue?

In recent trading session, Expion360 Inc (NASDAQ:XPON) saw 1.31 million shares changing hands at last check today with its beta currently measuring 0.17. Company’s recent per share price level of $0.07 trading at $0.0 or 0.90% at last check today assigns it a market valuation of $3.75M. That most recent trading price of XPON’s stock is at a discount of -9028.57% from its 52-week high price of $6.39 and is indicating a premium of 14.29% from its 52-week low price of $0.06. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 9.94 million shares which gives us an average trading volume of 9.49 million if we extend that period to 3-months.

Expion360 Inc (NASDAQ:XPON) trade information

Upright in the green today for gaining 0.90%, in the last five days XPON remained trading in the green while hitting it’s week-highest on Thursday, 09/05/24 when the stock touched $0.07 price level, subtracting -2.19% to its value on the day. Expion360 Inc’s shares saw a change of -98.75% in year-to-date performance and have moved 2.12% in past 5-day. Expion360 Inc (NASDAQ:XPON) showed a performance of -74.07% in past 30-days. Number of shares sold short was 1.45 million shares which calculate 0.08 days to cover the short interests.

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Expion360 Inc (XPON) estimates and forecasts

Statistics highlight that Expion360 Inc is scoring comparatively higher than the scores of other players of the relevant industry. The company lost -98.02% of value to its shares in past 6 months, showing an annual growth rate of 68.52% while that of industry is 8.60. Apart from that, the company came raising its revenue forecast for fiscal year 2024. This year revenue growth is estimated to fall -1.40% from the last financial year’s standing.

1 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 1.85M for the same. And 1 analysts are in estimates of company making revenue of 1.71M in the next quarter. Company posted 1.89M and 859k of sales in current and next quarters respectively a year earlier.

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 -142.70% during past 5 years.

Expion360 Inc (NASDAQ:XPON)’s Major holders

Insiders are in possession of 12.93% of company’s total shares while institution are holding 1.74 percent of that, with stock having share float percentage of 2.00%. Investors also watch the number of corporate investors in a company very closely, which is 1.74% institutions for Expion360 Inc that are currently holding shares of the company. CITADEL ADVISORS LLC is the top institutional holder at XPON for having 49888.0 shares of worth $49888.0. And as of 2024-06-30, it was holding 0.712 of the company’s outstanding shares.

The second largest institutional holder is VANGUARD GROUP INC, which was holding about 48559.0 shares on 2024-06-30. The number of shares represents firm’s hold over 0.6931 of outstanding shares, having a total worth of $48559.0.