Gaxos.AI Inc (NASDAQ:GXAI) traded at $3.64 at close of the session on Tuesday, December 17 and made an upward move of 32.36% on its previous day’s price.
Looking at the stock we see that its previous close was $2.75 with the day’s price range being $2.857 – $4.405. In terms of its 52-week price range, GXAI has a high of $19.20 and a low of $1.01. The company’s stock has gained about 158.16% over that past 30 days.
Gaxos.AI Inc has a market cap of $10.45 million and is expected to release its quarterly earnings report in January.
On the other hand, looking at the outlook for the GXAI stock, short term indicators assign the stock an average of 50% Buy, while medium term indicators assign it an average of 50% Sell.
Looking further, we note the current price level is 60.85% off its SMA20 and 107.69% from its 50-day simple moving average. The RSI (14) is pointing at 61.26 while the volatility over the past week is 36.41% and jumps to 30.02% over the past one month. The beta value is 2.27, while the average true range (ATR) is currently pointing at 0.91.
Coming back to Gaxos.AI Inc (NASDAQ:GXAI), we note that the average 3-month trading volume was 7.17 million, while that of the preceding 10-day period stands at 33.97 million. Current shares outstanding are 2.87 million.
The insiders hold 7.87% of the company’s shares while institutions hold 1.88%. The data shows that short shares as of 2024-10-31, stood at 29434.0 at a short ratio of 0.32. This represents a 177.00 short interest in shares outstanding on 2024-10-31. Shares short fall in October from the previous month at 88721.0. Investors should be excited about this stock as its upside potential is great, with current price pushing the stock -10.78% down in year-to-date price movement.
