XpresSpa Group, Inc. (NASDAQ:XSPA) shares, rose in value on Thursday, Jan 14, with the stock price up by 0.61% to the previous day’s close as strong demand from buyers drove the stock to $1.33.
Actively observing the price movement in the recent trading, the stock is buoying the session at $1.32, falling within a range of $1.3000 and $1.3600. The value of beta (5-year monthly) is 2.37 whereas the PE ratio is 0 over 12-month period. Referring to stock’s 52-week performance, its high was $8.82, and the low was $0.15. On the whole, XSPA has fluctuated by -8.97% over the past month.
Analysts have estimated the company’s revenue for the quarter at $11.53 Million, with a low estimate of $12.58 Million and a high estimate of $12.58 Million. According to the average forecast, sales growth in current quarter could jump up +8138.6%, compared to the corresponding quarter of last year. Wall Street analysts also predicted that in 2021, the company’s y-o-y revenues would reach $50.09 Million, representing an increase of 2.6% from the revenues reported in the last year’s results.
We see that XSPA’s technical picture suggests that short-term indicators denote the stock is a 50% Sell on average. However, medium term indicators have put the stock in the category of 100% Sell while long term indicators on average have been pointing out that it is a 100% Sell.
1 analyst(s) have assigned their ratings of the stock’s forecast evaluation on a scale of 1.00-5.00 to indicate a strong buy to a strong sell recommendation. The stock is rated as a Hold by none analyst(s), 1 recommend it as a Buy and no body called the XSPA stock Outperform. In the meantime, none analyst(s) believe the stock as Underperform and none think it is a Sell. Thus, investors eager to increase their holdings of the company’s stock will have an opportunity to do so as the average rating for the stock is Buy.
The stock’s technical analysis shows that the PEG ratio is about 0, with the price of XSPA currently trading nearly 2.08% and -12.88% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 47.58, while the 7-day volatility ratio is showing 7.26% which for the 30-day chart, stands at 9.44%. Furthermore, XpresSpa Group, Inc. (XSPA)’s beta value is 2.37, and its average true range (ATR) is 0.11. The company’s stock has been forecasted to trade at an average price of $54 over the course of the next 52 weeks, with a low of $54 and a high of $54. Based on these price targets, the low is 3960.15 off current price, whereas the price has to move +3960.15% to reach the yearly target high. Additionally, analysts’ median price of $54 is likely to be welcomed by investors because it represents an increase of +3960.15% from the current levels.
A comparison of XpresSpa Group, Inc. (XSPA) with its peers suggests the former has fared considerably weaker in the market. XSPA showed an intraday change of +0.61% in today’s session so far, and over the past year, it dropped by -24.14%. In comparison, Teladoc Health Inc (TDOC) has moved lower at -2.49% today and is up +139.28% over the past 12 months. On the other hand, the price of Novocure Ltd Ord Sh (NVCR) has risen 2.14% today. The stock, however, is off 114.71% from where it was a year ago. Additionally, there is a gain of 61% for Avantor Inc (AVTR) in recent trading while the stock has seen an overall depriciation of -24.14% over the past year. The PE ratio stands at 0 for XpresSpa Group, Inc., compared to 0 for Teladoc Health Inc, and 2527.71 for Novocure Ltd Ord Sh. Other than that, the overall performance of the S&P 500 during the today’s session so far shows that it gained 0.21%. Meanwhile, the Dow Jones Industrial improved by 0.37%.
Data on historical trading for XpresSpa Group, Inc. (NASDAQ:XSPA) indicates that the trading volumes over the past 10 days have averaged 11.31 Million and over the past 3 months, they’ve averaged 6.17 Million. According to company’s latest data on outstanding shares, there are 94.03 Million shares outstanding.
Nearly 0.07% of XpresSpa Group, Inc.’s shares belong to company insiders and institutional investors own 10.63% of the company’s shares, according to Thomson Reuters’ data. The data on short interest also indicates that stock shorts accounted for 7.64 Million shares as on December 30, 2020, resulting in a short ratio of 0.89. According to the data, the short interest in XpresSpa Group, Inc. (XSPA) stood at 8.13% of shares outstanding as of December 30, 2020; the number of short shares registered in November reached 6.75 Million. The stock has risen by +10.92% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the XSPA stock heading into the next quarter.
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