How Will Expion360 Inc (NASDAQ: XPON) Perform In Months To Come?

Expion360 Inc (NASDAQ:XPON) has a beta value of -0.03 and has seen 1.37 million shares traded in the last trading session. The company, currently valued at $5.16M, closed the last trade at $2.22 per share which meant it gained $0.22 on the day or 11.00% during that session. The XPON stock price is -24020.27% off its 52-week high price of $535.47 and 20.72% above the 52-week low of $1.76. If we look at the company’s 10-day average daily trading volume, we find that it stood at 3.32 million shares traded. The 3-month trading volume is 2.15 million shares.

Expion360 Inc (NASDAQ:XPON) trade information

Sporting 11.00% in the green in last session, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the XPON stock price touched $2.22 or saw a rise of 49.55%. Year-to-date, Expion360 Inc shares have moved -7.11%, while the 5-day performance has seen it change -1.33%. Over the past 30 days, the shares of Expion360 Inc (NASDAQ:XPON) have changed 6.22%. Short interest in the company has seen 0.41 million shares shorted with days to cover at 0.1.

Expion360 Inc (XPON) estimates and forecasts

Figures show that Expion360 Inc shares have outperformed across the wider relevant industry. The company’s shares have lost -97.71% over the past 6 months, with this year growth rate of 74.64%, compared to 5.70% for the industry.

If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -142.64% over the past 5 years.

XPON Dividends

Expion360 Inc is expected to release its next earnings report in February this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.

Expion360 Inc (NASDAQ:XPON)’s Major holders

Insiders own 12.93% of the company shares, while shares held by institutions stand at 5.09% with a share float percentage of 5.84%. Investors are also buoyed by the number of investors in a company, with Expion360 Inc having a total of 8.0 institutions that hold shares in the company. The top two institutional holders are CITADEL ADVISORS LLC with over 49888.0 shares worth more than $49888.0. As of 2024-06-30, CITADEL ADVISORS LLC held 0.712% of shares outstanding.

The other major institutional holder is VANGUARD GROUP INC, with the holding of over 48559.0 shares as of 2024-06-30. The firm’s total holdings are worth over $48559.0 and represent 0.6931% of shares outstanding.