Beyond Air Inc [XAIR] stock prices are up 12.29% to $0.30 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The XAIR shares have gain 24.53% over the last week, with a monthly amount drifted -18.79%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Beyond Air Inc [NASDAQ: XAIR] stock has seen the most recent analyst activity on June 25, 2024, when BTIG Research downgraded its rating to a Neutral. Previously, Piper Sandler started tracking the stock with Overweight rating on July 28, 2023, and set its price target to $10. On June 15, 2023, BTIG Research initiated with a Buy rating and assigned a price target of $15 on the stock. Truist started tracking the stock assigning a Buy rating and suggested a price target of $12 on April 28, 2021. Oppenheimer initiated its recommendation with a Outperform and recommended $9 as its price target on October 22, 2019.
The stock price of Beyond Air Inc [XAIR] has been fluctuating between $0.24 and $1.78 over the past year. Currently, Wall Street analysts expect the stock to reach $1 within the next 12 months. Beyond Air Inc [NASDAQ: XAIR] shares were valued at $0.30 at the most recent close of the market. An investor can expect a potential return of 233.33% based on the average XAIR price forecast.
Analyzing the XAIR fundamentals
The Beyond Air Inc [NASDAQ:XAIR] reported sales of 3.02M for trailing twelve months, representing a surge of 174.17%. Gross Profit Margin for this corporation currently stands at -0.71% with Operating Profit Margin at -16.54%, Pretax Profit Margin comes in at -18.18%, and Net Profit Margin reading is -17.3%. To continue investigating profitability, this company’s Return on Assets is posted at -1.53, Equity is -2.41 and Total Capital is -1.74. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.11.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 0.2811 points at the first support level, and at 0.2605 for the second support level. However, for the 1st resistance point, the stock is sitting at 0.3221, and for the 2nd resistance point, it is at 0.3425.
Ratios To Look Out For
It’s worth pointing out that Beyond Air Inc [NASDAQ:XAIR]’s Current Ratio is 3.56. On the other hand, the Quick Ratio is 3.12, and the Cash Ratio is 0.85. Considering the valuation of this stock, the price to sales ratio is 8.82, the price to book ratio is 1.27.
Transactions by insiders
Recent insider trading involved Carey Robert, Director, that happened on Mar 14 ’25 when 1.0 million shares were purchased. Chief Operating Officer, Gaul Michael A. completed a deal on Feb 19 ’25 to buy 6000.0 shares. Meanwhile, Director Carey Robert bought 1.48 million shares on Sep 26 ’24.
