Gaxos.AI Inc (NASDAQ:GXAI) traded at $2.73 at close of the session on current trade day and made a downward move of -5.21% on its previous day’s price.
Looking at the stock we see that its previous close was $2.88 with the day’s price range being $2.57 – $2.9899. 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 92.25% over that past 30 days.
Gaxos.AI Inc has a market cap of $10.10 million and is expected to release its quarterly earnings report in February.
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 Hold.
Looking further, we note the current price level is -14.81% off its SMA20 and 29.03% from its 50-day simple moving average. The RSI (14) is pointing at 50.85 while the volatility over the past week is 15.55% and jumps to 34.24% over the past one month. The beta value is 0.90, while the average true range (ATR) is currently pointing at 0.69.
Coming back to Gaxos.AI Inc (NASDAQ:GXAI), we note that the average 3-month trading volume was 7.38 million, while that of the preceding 10-day period stands at 2.98 million. Current shares outstanding are 3.70 million.
The insiders hold 18.08% of the company’s shares while institutions hold 15.15%. 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 6.23% up in year-to-date price movement.
